=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-08-27
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: ESTEE LAUDER COMPANIES INC (EL)
CIK: 0001001250
--- Reporting Owner ---
Name: Hertzmark Hudis Jane
CIK: 0001745075
Role: Officer (Exec VP & CBO)
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units (Share Payout)
Date: 2026-08-27 | Code: A (Grant or award)
Shares: +16,782
Exercisable: N/A | Expires: 2029-11-01
Shares Owned After: 16,782 | Ownership: D (Direct)
Footnotes:
[F1] Restricted Stock Units ("RSUs") vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. RSUs generally vest in three approximately equal installments unless otherwise indicated. Upon payout, shares are withheld to cover statutory tax obligations. RSUs are accompanied by dividend equivalent rights payable in cash at the time of the payout of the related shares.
[F2] Not applicable.
[F2] Not applicable.
[F3] RSUs granted August 27, 2026. Assuming continued employment, these RSUs will vest and be paid out as follows: 5,594 on November 1, 2027; 5,594 on November 1, 2028; and 5,594 on November 1, 2029.
[Transaction #2]
Security: Stock Option (Right to Buy)
Date: 2026-08-27 | Code: A (Grant or award)
Shares: +61,153
Exercise Price: $106.21
Exercisable: N/A | Expires: 2036-08-27
Shares Owned After: 61,153 | Ownership: D (Direct)
Footnotes:
[F2] Not applicable.
[F4] Stock options granted pursuant to The Estee Lauder Companies Inc. Amended and Restated Fiscal 2002 Share Incentive Plan in respect of: 20,384 shares exercisable from and after November 1, 2027; 20,384 shares exercisable from and after November 1, 2028; and 20,385 shares exercisable from and after November 1, 2029.
--- Footnotes (Complete Index) ---
F1: Restricted Stock Units ("RSUs") vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. RSUs generally vest in three approximately equal installments unless otherwise indicated. Upon payout, shares are withheld to cover statutory tax obligations. RSUs are accompanied by dividend equivalent rights payable in cash at the time of the payout of the related shares.
F2: Not applicable.
F3: RSUs granted August 27, 2026. Assuming continued employment, these RSUs will vest and be paid out as follows: 5,594 on November 1, 2027; 5,594 on November 1, 2028; and 5,594 on November 1, 2029.
F4: Stock options granted pursuant to The Estee Lauder Companies Inc. Amended and Restated Fiscal 2002 Share Incentive Plan in respect of: 20,384 shares exercisable from and after November 1, 2027; 20,384 shares exercisable from and after November 1, 2028; and 20,385 shares exercisable from and after November 1, 2029.
--- Signature ---
/s/ Jane Hertzmark Hudis, by Annalisa Loeffler, attorney-in-fact (2026-08-31)
