[Form 4] The Estee Lauder Companies Inc. Insider Trading Activity
Richard F. Zannino, a director of The Est茅e Lauder Companies Inc. (EL), reported exercising stock options on 08/25/2025. He acquired 3,972 Class A common shares by exercising options at a price of $84.35 per share. After the transaction he beneficially owns 12,159 shares indirectly through an LLC for which he has investment power. The options were granted under the companys Non-employee Director Share Incentive Plan and were previously transferred to the LLC; the options list an original exercisability date of 11/12/2016 and an expiration date of 11/12/2025. The Form 4 was signed by an attorney-in-fact on 08/26/2025.
Richard F. Zannino, membro del consiglio di amministrazione di The Est茅e Lauder Companies Inc. (EL), ha dichiarato di aver esercitato opzioni su azioni il 25/08/2025. Ha acquisito 3.972 azioni ordinarie di Classe A esercitando opzioni al prezzo di $84,35 per azione. Dopo la transazione detiene beneficiariamente 12.159 azioni indirettamente tramite una LLC sulla quale dispone del potere d'investimento. Le opzioni sono state concesse nell'ambito del Non-employee Director Share Incentive Plan della societ脿 e erano state precedentemente trasferite alla LLC; riportano una data di esercitabilit脿 originaria del 12/11/2016 e una data di scadenza del 12/11/2025. Il Form 4 猫 stato firmato da un procuratore il 26/08/2025.
Richard F. Zannino, miembro del consejo de administraci贸n de The Est茅e Lauder Companies Inc. (EL), inform贸 haber ejercido opciones sobre acciones el 25/08/2025. Adquiri贸 3.972 acciones ordinarias Clase A al ejercer opciones a un precio de $84,35 por acci贸n. Tras la operaci贸n posee beneficiariamente 12.159 acciones de forma indirecta a trav茅s de una LLC sobre la que tiene poder de inversi贸n. Las opciones fueron otorgadas bajo el Non-employee Director Share Incentive Plan de la compa帽铆a y previamente transferidas a la LLC; registran una fecha original de ejercitabilidad del 12/11/2016 y una fecha de vencimiento del 12/11/2025. El Formulario 4 fue firmado por un apoderado el 26/08/2025.
Richard F. Zannino, The Est茅e Lauder Companies Inc.(EL) 鞚挫偓須� 鞚挫偓電� 2025雲� 8鞗� 25鞚� 鞀ろ啞鞓奠厴鞚� 頄夓偓頃� 瓴冹溂搿� 氤搓碃頄堨姷雼堧嫟. 攴鸽姅 欤茧嫻 $84.35鞚� 頄夓偓 臧�瓴╈溂搿� 鞓奠厴鞚� 頄夓偓頃� 3,972欤� 韥措灅鞀� A 氤错喌欤茧ゼ 旆摑頄堨姷雼堧嫟. 瓯半灅 頉� 攴鸽姅 韴瀽 甓岉暅鞚� 臧�歆� LLC毳� 韱淀暣 臧勳爲鞝侅溂搿� 12,159欤茧ゼ 鞁れ 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 頃措嫻 鞓奠厴鞚� 須岇偓鞚� Non-employee Director Share Incentive Plan鞐� 霐半澕 攵�鞐悩鞐堦碃 鞚挫爠鞐� LLC搿� 鞏戨弰霅橃棃鞀惦媹雼�; 鞓奠厴鞚� 鞗愲灅 頄夓偓 臧�電レ澕鞚� 2016雲� 11鞗� 12鞚检澊瓿� 毵岆鞚检潃 2025雲� 11鞗� 12鞚检瀰雼堧嫟. Form 4電� 2025雲� 8鞗� 26鞚检棎 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Richard F. Zannino, administrateur de The Est茅e Lauder Companies Inc. (EL), a d茅clar茅 avoir exerc茅 des options sur actions le 25/08/2025. Il a acquis 3 972 actions ordinaires de classe A en exer莽ant des options 脿 un prix de 84,35 $ par action. Apr猫s la transaction, il d茅tient b茅n茅ficiairement 12 159 actions de mani猫re indirecte via une LLC sur laquelle il exerce le pouvoir d'investissement. Les options ont 茅t茅 accord茅es dans le cadre du Non-employee Director Share Incentive Plan de la soci茅t茅 et avaient 茅t茅 pr茅c茅demment transf茅r茅es 脿 la LLC ; elles indiquent une date d'exer莽abilit茅 initiale au 12/11/2016 et une date d'expiration au 12/11/2025. Le Form 4 a 茅t茅 sign茅 par un mandataire le 26/08/2025.
Richard F. Zannino, Direktor von The Est茅e Lauder Companies Inc. (EL), meldete die Aus眉bung von Aktienoptionen am 25.08.2025. Er erwarb durch Aus眉bung von Optionen 3.972 Class-A-Stammaktien zu einem Aus眉bungspreis von $84,35 je Aktie. Nach der Transaktion besitzt er wirtschaftlich 12.159 Aktien indirekt 眉ber eine LLC, 眉ber die er Investitionsbefugnis hat. Die Optionen wurden im Rahmen des Non-employee Director Share Incentive Plan des Unternehmens gew盲hrt und zuvor auf die LLC 眉bertragen; das urspr眉ngliche Aus眉bungsdatum ist der 12.11.2016 und das Verfallsdatum der 12.11.2025. Das Formular 4 wurde am 26.08.2025 von einem Bevollm盲chtigten unterzeichnet.
- Director exercised options to convert equity into 3,972 Class A shares at $84.35 per share
- Post-transaction indirect ownership totals 12,159 shares held via an LLC
- Options were granted under the Non-employee Director Share Incentive Plan and were previously transferred to the LLC
- Form 4 was filed and signed (attorney-in-fact signature) indicating timely disclosure
- None.
Insights
TL;DR: Routine option exercise by a non-employee director, increasing indirect holdings by 3,972 shares; no material change to control.
The filing documents a standard exercise of stock options by Richard F. Zannino, a director, resulting in acquisition of 3,972 Class A shares at $84.35 each. These options were granted under the Non-employee Director Share Incentive Plan and had been transferred to an LLC that holds the shares indirectly. Post-transaction indirect beneficial ownership is 12,159 shares. This is a common form 4 disclosure reflecting compensation-related equity realization rather than an open-market purchase or sale; it does not indicate a change in board control or a material capital event.
TL;DR: Disclosure aligns with governance norms: director exercised granted options held in family LLC; properly reported on Form 4.
The report describes an exercise of director-held options previously transferred to an LLC for family benefits, with the reporting person retaining investment power. The use of an LLC for indirect holdings and the timely Form 4 filing (signed by attorney-in-fact) are consistent with standard governance and Section 16 reporting practices. No adverse governance issues or departures are disclosed in this filing; it simply documents compensation-related equity conversion and resulting indirect ownership.
Richard F. Zannino, membro del consiglio di amministrazione di The Est茅e Lauder Companies Inc. (EL), ha dichiarato di aver esercitato opzioni su azioni il 25/08/2025. Ha acquisito 3.972 azioni ordinarie di Classe A esercitando opzioni al prezzo di $84,35 per azione. Dopo la transazione detiene beneficiariamente 12.159 azioni indirettamente tramite una LLC sulla quale dispone del potere d'investimento. Le opzioni sono state concesse nell'ambito del Non-employee Director Share Incentive Plan della societ脿 e erano state precedentemente trasferite alla LLC; riportano una data di esercitabilit脿 originaria del 12/11/2016 e una data di scadenza del 12/11/2025. Il Form 4 猫 stato firmato da un procuratore il 26/08/2025.
Richard F. Zannino, miembro del consejo de administraci贸n de The Est茅e Lauder Companies Inc. (EL), inform贸 haber ejercido opciones sobre acciones el 25/08/2025. Adquiri贸 3.972 acciones ordinarias Clase A al ejercer opciones a un precio de $84,35 por acci贸n. Tras la operaci贸n posee beneficiariamente 12.159 acciones de forma indirecta a trav茅s de una LLC sobre la que tiene poder de inversi贸n. Las opciones fueron otorgadas bajo el Non-employee Director Share Incentive Plan de la compa帽铆a y previamente transferidas a la LLC; registran una fecha original de ejercitabilidad del 12/11/2016 y una fecha de vencimiento del 12/11/2025. El Formulario 4 fue firmado por un apoderado el 26/08/2025.
Richard F. Zannino, The Est茅e Lauder Companies Inc.(EL) 鞚挫偓須� 鞚挫偓電� 2025雲� 8鞗� 25鞚� 鞀ろ啞鞓奠厴鞚� 頄夓偓頃� 瓴冹溂搿� 氤搓碃頄堨姷雼堧嫟. 攴鸽姅 欤茧嫻 $84.35鞚� 頄夓偓 臧�瓴╈溂搿� 鞓奠厴鞚� 頄夓偓頃� 3,972欤� 韥措灅鞀� A 氤错喌欤茧ゼ 旆摑頄堨姷雼堧嫟. 瓯半灅 頉� 攴鸽姅 韴瀽 甓岉暅鞚� 臧�歆� LLC毳� 韱淀暣 臧勳爲鞝侅溂搿� 12,159欤茧ゼ 鞁れ 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 頃措嫻 鞓奠厴鞚� 須岇偓鞚� Non-employee Director Share Incentive Plan鞐� 霐半澕 攵�鞐悩鞐堦碃 鞚挫爠鞐� LLC搿� 鞏戨弰霅橃棃鞀惦媹雼�; 鞓奠厴鞚� 鞗愲灅 頄夓偓 臧�電レ澕鞚� 2016雲� 11鞗� 12鞚检澊瓿� 毵岆鞚检潃 2025雲� 11鞗� 12鞚检瀰雼堧嫟. Form 4電� 2025雲� 8鞗� 26鞚检棎 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Richard F. Zannino, administrateur de The Est茅e Lauder Companies Inc. (EL), a d茅clar茅 avoir exerc茅 des options sur actions le 25/08/2025. Il a acquis 3 972 actions ordinaires de classe A en exer莽ant des options 脿 un prix de 84,35 $ par action. Apr猫s la transaction, il d茅tient b茅n茅ficiairement 12 159 actions de mani猫re indirecte via une LLC sur laquelle il exerce le pouvoir d'investissement. Les options ont 茅t茅 accord茅es dans le cadre du Non-employee Director Share Incentive Plan de la soci茅t茅 et avaient 茅t茅 pr茅c茅demment transf茅r茅es 脿 la LLC ; elles indiquent une date d'exer莽abilit茅 initiale au 12/11/2016 et une date d'expiration au 12/11/2025. Le Form 4 a 茅t茅 sign茅 par un mandataire le 26/08/2025.
Richard F. Zannino, Direktor von The Est茅e Lauder Companies Inc. (EL), meldete die Aus眉bung von Aktienoptionen am 25.08.2025. Er erwarb durch Aus眉bung von Optionen 3.972 Class-A-Stammaktien zu einem Aus眉bungspreis von $84,35 je Aktie. Nach der Transaktion besitzt er wirtschaftlich 12.159 Aktien indirekt 眉ber eine LLC, 眉ber die er Investitionsbefugnis hat. Die Optionen wurden im Rahmen des Non-employee Director Share Incentive Plan des Unternehmens gew盲hrt und zuvor auf die LLC 眉bertragen; das urspr眉ngliche Aus眉bungsdatum ist der 12.11.2016 und das Verfallsdatum der 12.11.2025. Das Formular 4 wurde am 26.08.2025 von einem Bevollm盲chtigten unterzeichnet.
FAQ
What transaction did Richard F. Zannino report on Form 4 for EL?
How many Est茅e Lauder (EL) shares does Zannino beneficially own after the transaction?
Were the options exercised by Zannino part of a director compensation plan?
When do the exercised options expire?
When was the Form 4 filed and who signed it?
