February 27, 2024 · Form 4 insider transaction
STERNLICHT BARRY S bought 181.8 shares of The Estée Lauder Companies Inc. at $148.51 per share, a transaction worth $27.0K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Each Stock Unit (cash payout) is convertible into cash equal to the value of one share of Class A Common Stock (i.e. 1:1).; Represents grant of Stock Units in lieu of cash for quarterly board and committee member retainers.; The stock units (cash payout) 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 of the Company.