Akhil Shrivastava, Executive Vice President and CFO of Estee Lauder Companies Inc. (NYSE:EL), filed a Form 4 on November 3, 2026 disclosing RSU vesting transactions dated November 2, 2026.
Key Highlights
- RSU vesting: Shrivastava acquired 6,266.56 shares of Class A Common Stock through the payout of RSU tranches at a price of $0, reflecting vesting of portions of grants from August 28, 2023; August 27, 2024; and August 28, 2025, including dividend shares.
- Tax withholding: 3,200.56 shares were withheld for tax purposes at a price of $108.3 per share on November 2, 2026.
- Resulting direct ownership: Following the transactions, Shrivastava directly held 11,188.03 shares of Class A Common Stock.
- Remaining RSUs: After the vesting transactions, Shrivastava retained RSU positions totaling 0, 3,324.75, and 5,466 derivative units across three separate RSU grants, all held directly.
- Future vesting schedule: According to the filing, RSUs granted August 27, 2024 are scheduled to vest with 3,274 shares on November 1, 2027, and RSUs granted August 28, 2025 are scheduled to vest with 2,733 shares on November 1, 2027 and 2,733 shares on November 1, 2028, assuming continued employment.
Estee Lauder CFO Shrivastava: RSU Vesting and Share Withholding on November 2, 2026
According to the Form 4 filed November 3, 2026, Akhil Shrivastava, identified as Executive VP and CFO of Estee Lauder Companies Inc. (NYSE:EL), reported two non-derivative transactions in Class A Common Stock on November 2, 2026. The first was an acquisition (transaction code M) of 6,266.56 shares at $0, representing the payout of vested RSU tranches originally granted on August 28, 2023; August 27, 2024; and August 28, 2025, including dividend shares. The second was a disposition (transaction code F) of 3,200.56 shares at $108.3 per share, representing shares withheld to cover statutory tax obligations.
The filing also reports three derivative security transactions, all coded M (conversion), on November 2, 2026. These reflect the RSU vesting that produced the non-derivative share acquisition noted above. Specifically, 241.35 RSUs from the August 28, 2023 grant fully vested, reducing that RSU position to zero. A tranche of 3,298.38 RSUs from the August 27, 2024 grant vested, leaving 3,324.75 RSUs remaining under that grant with a next vesting date of November 1, 2027. Additionally, 2,733 RSUs from the August 28, 2025 grant vested, leaving 5,466 RSUs outstanding under that grant, with two further tranches of 2,733 each scheduled on November 1, 2027 and November 1, 2028, assuming continued employment.
The filing notes that RSUs granted prior to Shrivastava becoming an Executive Officer carry dividend equivalent rights payable in shares at payout, while RSUs from the August 28, 2025 grant carry dividend equivalent rights payable in cash. All RSU positions reported are held directly. The Form 4 was signed by Annalisa Loeffler as attorney-in-fact on behalf of Shrivastava and filed on November 3, 2026.
What Was Disclosed
Shrivastava's Form 4 discloses RSU vestings on November 2, 2026 resulting in a net acquisition of shares after tax withholding, leaving direct ownership of 11,188.03 shares of Class A Common Stock and remaining RSU derivative positions across two active grants.



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