Estee Lauder Companies (EL) executive Bowes acquired 2,967.9 shares

Insider transactions reported

Michael Bowes (Exec VP & CPO at Estee Lauder Companies Inc., EL) reported that they acquired 2,967.9 shares, and gave up 1,276.9 shares at $108.30 to cover taxes or an exercise price on Nov 2, 2026. After these transactions the filing shows 3,443.22 shares held directly.

Reporting person

Bowes Michael

Role

Exec VP & CPO

Options and other derivatives

Holdings before and after

• Class A Common Stock: 1,752.219 to 3,443.219 direct
• Restricted Stock Units (Share Payout): 457 to 3,217 direct

Footnotes from the filing

1. 1. Payout of shares upon vesting of portions of Restricted Stock Units ( RSUs ) granted August 28, 2023; August 27, 2024; and August 28, 2025.
2. 2. Not applicable.
3. 3. Represents the withholding of shares for tax purposes.
4. 4. 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.
5. 5. Annual RSUs granted August 28, 2023.
6. 6. Annual RSUs granted August 27, 2024. Assuming continued employment, these RSUs will vest and be paid out as follows: 871 on November 1, 2027.
7. 7. 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.
8. 8. Annual RSUs granted August 28, 2025. Assuming continued employment, these RSUs will vest and be paid out as follows: 1,608 on November 1, 2027; and 1,609 on November 1, 2028.

Transaction codes in this filing

Exercise or conversion of a derivative:

Code M marks the exercise or conversion of an option or other derivative under an exempt plan.

Shares withheld for taxes or exercise price:

Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.

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