FRIBOURG PAUL J bought EL
November 18, 2024 · Form 4 insider transaction
FRIBOURG PAUL J bought 59,859 shares of The Estée Lauder Companies Inc. at $64.76 per share, a transaction worth $3.88M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range.; Sales prices range from $64.28 to $65.265 per share, inclusive.; The shares are held by Continental Grain Company ("Company"). Mr. Fribourg may be deemed to share voting and investment power with respect to the shares held by the Company by virtue of being Chairman and Chief Executive Officer of the Company. In addition, Mr. Fribourg is a co-trustee and in one case, a beneficiary, of various trusts established for the benefit of certain members of Mr. Fribourg's family that collectively control a majority interest in the Company. Mr. Fribourg disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.