Estée Lauder Director Receives Routine Dividend Reinvestment Units

Executive Summary

On September 16, 2026, Estée Lauder Companies Inc. ($EL) filed a Form 4 on behalf of Director Annabelle Yu Long. The filing reports the acquisition of 2.88 Stock Units on September 15, 2026, at a price of $96.25 per share, resulting from a routine reinvestment of dividend equivalents on existing stock units.

Transaction Details

• Security: Stock Units (Share Payout), convertible into Class A Common Stock
• Transaction Code: A (Acquisition via dividend equivalent reinvestment)
• Shares Acquired: 2.88 units
• Price Per Share: $96.25
• Total Transaction Value: $277.20
• Post-Transaction Holdings: 795.02 stock units
• Terms: The stock units will be paid out on the first business day of the calendar year following the end of the reporting person's board service.

Significance & Market Impact

This filing reflects an automatic, routine dividend equivalent reinvestment rather than a discretionary open-market trade. The transaction volume and total monetary value are nominal, carrying Low trading significance.