Zinterhofer Eric Louis 4

What Happened
Eric Zinterhofer, a director of Estee Lauder Companies Inc. (EL), was credited with two award/acquisition entries on 2026-03-16: 10.98 stock units at $88.76 each (reported value $975) and 6.45 stock units at $88.76 each (reported value $573), for a combined 17.43 units worth roughly $1,548. These were recorded as awards/acquisitions (transaction code A) of derivative stock units rather than open-market purchases.

Key Details

• Transaction date: 2026-03-16; filing date: 2026-03-17 (appears timely).
• Prices reported: $88.76 per unit; amounts: 10.98 units ($975) and 6.45 units ($573); total ≈ $1,548.
• Type: Derivative stock units awarded / acquisition (code A).
• Footnotes: F2 indicates these represent reinvestment of dividend equivalents on outstanding stock units; F3 states the stock units will be paid out the first business day of the calendar year following the last date of the Reporting Person’s service as a director. F1 not applicable.
• Shares owned after transaction: not specified in the provided filing.

Context

• These entries reflect reinvested dividend equivalents credited as additional stock units—not a cash purchase or market sale—and will be paid out only after the director’s service ends (per F3).
• The dollar amounts are small and routine, consistent with dividend reinvestment or director compensation mechanics rather than a market-timing trade.