Jane Hertzmark Hudis, Executive Vice President and Chief Beauty Officer of Estee Lauder Companies Inc. (NYSE:EL), filed a Form 4 on November 3, 2026, disclosing RSU vesting and share withholding transactions dated November 2, 2026.

Key Highlights

  • RSU payout: 15,752 shares of Class A Common Stock were acquired via transaction code M (RSU vesting) at a price of $0 on November 2, 2026.
  • Tax withholding: 8,713 shares were disposed of via transaction code F at $108.3 per share to cover statutory tax obligations.
  • Post-transaction ownership: Hertzmark Hudis directly holds 34,424 shares of Class A Common Stock following the reported transactions.
  • RSU sources: The vested shares represent payouts from RSU grants made on August 28, 2023; August 27, 2024; and August 28, 2025.
  • Remaining RSUs: 5,954 RSUs from the August 27, 2024 grant and 13,650 RSUs from the August 28, 2025 grant remain outstanding after the transactions.
  • Future vesting schedule: According to the filing, 5,954 RSUs vest November 1, 2027; 6,825 vest November 1, 2027; and 6,825 vest November 1, 2028, each assuming continued employment.

Hertzmark Hudis RSU Vesting and Tax Withholding Details - November 2026

According to the Form 4 filed on November 3, 2026, Jane Hertzmark Hudis, identified in the filing as Executive Vice President and Chief Beauty Officer of Estee Lauder Companies Inc. (NYSE:EL), reported two non-derivative transactions on November 2, 2026. The first was an acquisition of 15,752 shares of Class A Common Stock via RSU vesting (transaction code M) at $0, reflecting the payout of portions of RSUs originally granted on August 28, 2023; August 27, 2024; and August 28, 2025. The second was the disposal of 8,713 shares (transaction code F) at $108.3 per share, which the filing describes as representing the withholding of shares for tax purposes.

In Table II, the filing reports three derivative security transactions, all coded M, covering the same November 2, 2026 date. A total of 2,973 RSUs from the August 28, 2023 grant were converted, leaving zero RSUs remaining from that grant. From the August 27, 2024 grant, 5,954 RSUs vested but an equal number of 5,954 RSUs remain, with the filing noting they are scheduled to vest on November 1, 2027. From the August 28, 2025 grant, 6,825 RSUs vested while 13,650 RSUs remain, with vesting dates of November 1, 2027 and November 1, 2028, each for 6,825 shares, all subject to continued employment.

The filing notes that RSUs "vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date" and are "accompanied by dividend equivalent rights payable in cash at the time of the payout of the related shares." After accounting for the vesting and the tax-related share withholding, Hertzmark Hudis directly held 34,424 shares of Class A Common Stock, as reported in the filing.

What Was Disclosed

The Form 4 discloses RSU vestings totaling 15,752 shares acquired and 8,713 shares withheld for taxes at $108.3, resulting in direct beneficial ownership of 34,424 shares of Class A Common Stock for Estee Lauder Executive Vice President and Chief Beauty Officer Jane Hertzmark Hudis.