Rashida La Lande, Executive Vice President and General Counsel of Estee Lauder Companies Inc., filed a Form 4 on November 9, 2026, disclosing the exercise of stock options and the subsequent sale of all resulting Class A Common Stock shares on the same date.

Key Highlights

  • Option exercise: La Lande exercised stock options covering 5,564 shares of Class A Common Stock at a conversion price of $92.87 per share on November 9, 2026 (transaction code M).
  • Sale at $113.82: 5,564 shares were disposed of (transaction code S) at $113.82 per share on November 9, 2026.
  • Sale at $113.88: An additional 3,315 shares were disposed of (transaction code S) at $113.88 per share on November 9, 2026.
  • Resulting ownership: Following all three transactions, La Lande's direct beneficial ownership of Class A Common Stock stood at 0 shares.
  • Remaining derivative position: La Lande retained 5,565 stock options (right to buy) with an exercise price of $92.87 and an expiration date of August 27, 2034.
  • Option grant origin: According to the filing, the exercised options were granted pursuant to the Fiscal 2002 Share Incentive Plan.

La Lande's Option Exercise and Share Sales at Estee Lauder on November 9, 2026

According to the Form 4 filed with the SEC, Rashida La Lande, serving as Executive Vice President and General Counsel of Estee Lauder Companies Inc. (NYSE:EL), executed three transactions on November 9, 2026. She first exercised stock options (transaction code M) for 5,564 shares of Class A Common Stock at an exercise price of $92.87 per share, bringing her direct beneficial holdings to 8,879 shares following that transaction.

The filing then reports two separate sale transactions on the same date. La Lande disposed of 5,564 shares at $113.82 per share, reducing her direct holdings to 3,315 shares, and subsequently sold the remaining 3,315 shares at $113.88 per share, leaving her with a direct beneficial ownership of 0 shares in Class A Common Stock.

The filing notes that the exercised options were granted under the Fiscal 2002 Share Incentive Plan and covered three tranches: 5,564 shares exercisable from and after November 3, 2025; 5,564 shares exercisable from and after November 2, 2026; and 5,565 shares exercisable from and after November 1, 2027. Following the reported exercise, La Lande retains 5,565 stock options with a strike price of $92.87 and an expiration date of August 27, 2034. The Form 4 was signed by Annalisa Loeffler as attorney-in-fact for La Lande.

What Was Disclosed

The filing disclosed an option exercise and two sales of Class A Common Stock by Estee Lauder's Executive Vice President and General Counsel, Rashida La Lande, on November 9, 2026, resulting in zero direct share holdings and a remaining option position of 5,565 shares.