Estée Lauder General Counsel Acquires Shares via RSU Vesting and Withholds for Taxes

Executive Summary

On November 2, 2026, Rashida La Lande, Executive Vice President and General Counsel of The Estée Lauder Companies Inc. (NYSE: EL), engaged in routine equity award settlements. The transactions consisted of acquiring 7,418 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs) and the disposition of 4,103 shares to satisfy statutory tax withholding obligations at a price of $108.30 per share.

Transaction Analysis

• Acquisition (Code M): 7,418 shares of Class A Common Stock were acquired upon the vesting of portions of RSUs granted on August 27, 2024, and August 28, 2025 (3,589 units and 3,829 units, respectively).
• Tax Disposition (Code F): 4,103 shares were withheld by the issuer at $108.30 per share to satisfy tax obligations, representing an aggregate withholding value of approximately $444,354.90.
• Net Change in Direct Common Stock: Following these transactions, Ms. La Lande holds 3,315 shares of Class A Common Stock directly, representing a net direct ownership increase of 3,315 shares from zero prior common shares.
• Remaining Derivative Holdings: Post-vesting, Ms. La Lande continues to hold 11,248 unvested RSUs (3,590 from the 2024 grant and 7,658 from the 2025 grant) scheduled to vest through November 2028.

Market and Governance Impact

This filing reflects non-discretionary compensation administration commonly seen following annual vesting milestones. It does not represent open-market buying or selling activity, making its trading significance low.