Michael Bowes - Nov 3, 2025 Form 4 Insider Report for ESTEE LAUDER COMPANIES INC (EL)

Role
Exec VP & CPO
Signature
Michael Bowes, by Spencer G. Smul, attorney-in-fact
Stock symbol
EL
Transactions as of
Nov 3, 2025
Transactions value $
-$56,612
Form type
4
Date filed
11/5/2025, 10:32 AM
Previous filing
Sep 2, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bowes Michael Exec VP & CPO THE ESTEE LAUDER COMPANIES INC., 767 FIFTH AVENUE, NEW YORK Michael Bowes, by Spencer G. Smul, attorney-in-fact 2025-11-04 0002062125

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EL Class A Common Stock Options Exercise +1.67K +247.88% 2.35K Nov 3, 2025 Direct F1, F2
transaction EL Class A Common Stock Tax liability -$56.6K -597 -25.4% $94.87 1.75K Nov 3, 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EL Restricted Stock Units (Share Payout) Options Exercise -302 -100% 0 Nov 3, 2025 Class A Common Stock 302 Direct F2, F4, F5
transaction EL Restricted Stock Units (Share Payout) Options Exercise -456 -49.95% 457 Nov 3, 2025 Class A Common Stock 456 Direct F2, F4, F6
transaction EL Restricted Stock Units (Share Payout) Options Exercise -870 -33.31% 1.74K Nov 3, 2025 Class A Common Stock 870 Direct F2, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 6, 2022; August 28, 2023; and August 27, 2024. Includes dividend shares.
F2 Not applicable.
F3 Represents the withholding of shares for tax purposes.
F4 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. These RSUs, granted prior to the Reporting Person becoming an Executive Officer, are accompanied by dividend equivalent rights payable in shares at the time of the payout of the related shares.
F5 Annual RSUs granted September 6, 2022.
F6 Annual RSUs granted August 28, 2023. Assuming continued employment, these RSUs will vest and be paid out as follows: 457 on November 2, 2026.
F7 Annual RSUs granted August 27, 2024. Assuming continued employment, these RSUs will vest and be paid out as follows: 871 on November 2, 2026; and 871 on November 1, 2027.