Director Charlene Barshefsky filed a Form 4 with the SEC on September 10, 2026, disclosing the exercise of stock options and a subsequent sale of Class A Common Stock of Estee Lauder Companies Inc. (NYSE:EL) on September 9, 2026.

Key Highlights

  • Option exercise: Barshefsky exercised 4,697 stock options at a conversion price of $78.36 per share on September 9, 2026, via a family trust.
  • Shares sold: 3,775 shares of Class A Common Stock were disposed of at $98.82 per share on September 9, 2026, through the same family trust.
  • Remaining beneficial ownership: Following the transactions, the family trust holds 50,970.528 shares indirectly, with an additional 29,950 shares held indirectly by a spousal family trust and 50 shares held indirectly by spouse.
  • Options extinguished: The exercised stock options, originally granted under the issuer's Non-employee Director Share Incentive Plan and previously transferred to the family trust, now show a remaining balance of 0, with an expiration date of November 11, 2026.
  • Filing authority: The form was signed by Robin Cohen as attorney-in-fact for Charlene Barshefsky.

Barshefsky Option Exercise and Sale Details for Estee Lauder Class A Shares

According to the filing, Charlene Barshefsky, a director of Estee Lauder Companies Inc., reported two transactions in Class A Common Stock on September 9, 2026. First, 4,697 shares were acquired via an "M" coded transaction, reflecting the exercise of stock options at a price of $78.36 per share. The options were held indirectly through a family trust of which Barshefsky's spouse is a trustee. The filing notes these options were originally granted under the issuer's Non-employee Director Share Incentive Plan and had been previously transferred to the family trust, with an expiration date of November 11, 2026.

Immediately following the exercise, the filing discloses a sale of 3,775 shares at $98.82 per share, coded "S," also executed through the family trust. After both transactions, the family trust's indirect beneficial ownership stood at 50,970.528 shares of Class A Common Stock, according to the filing. The filing further notes that Barshefsky holds an additional 29,950 shares indirectly through a spousal family trust, whose trustees and beneficiaries are the reporting person's descendants, and 50 shares indirectly through her spouse.

The exercised stock options reported in Table II reflect a post-transaction balance of 0, as all 4,697 options covered by this filing were exercised. The filing was submitted by Robin Cohen as attorney-in-fact on behalf of Barshefsky and carries a filing date of September 10, 2026.

What Was Disclosed

The filing reports the exercise of 4,697 stock options at $78.36 and the sale of 3,775 Class A Common Stock shares at $98.82, both on September 9, 2026, conducted through a family trust in which Barshefsky's spouse serves as trustee.