Insider trade

Director sold ~$2.66M of EL shares in the open market

Traded Sep 14, 2026 · Filed Sep 15, 2026

~$2.66M
Reported value · 27K sh @ $98.35: 433K
Holds after · shares reported: -8.2%
stock since the trade · S&P 500 +0.4%, $98.22 → $90.19 on Oct 1

Why it stands out

A board member of Estée Lauder Companies (The) sold $2.66M of Estée Lauder Companies (The) shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Sep 14, 2026
Reporting period: Not applicable
Filed with the SEC: Sep 15, 2026

DirectorIndirect holding$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$2,663,908

Shares × reported transaction price

Timing vs results

26 days after results of Aug 19, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $98.22 on Sep 14, 2026, 46% above its 52-week low and 18% below its high, after a 17% rise over the previous 30 trading days

52-week range $67.23 (Mar 27, 2026) to $119.61 (Feb 4, 2026), 59% of the way up, from 251 adjusted closes. 30 trading days earlier: $83.90 on Jul 31, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+3.4%	+1.8%	+1.6%

Past results only. Not a forecast.

Source receipt

Record ID: 0001070938-26-000018
Filed / recorded: Sep 15, 2026, 8:10 PM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: ESTEE LAUDER COMPANIES INC
Issuer CIK: 1001250
Ticker: EL
Reporting person: Paul J Fribourg
Relationship: Director
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Sep 14, 2026
Transaction code: S
Shares / units: 27,086
Price per share: $98.35
Acquired / disposed: Disposed (D)
Shares owned after: 433,437
Ownership form: Indirect — Owned by Continental Grain Company
Amendment: No

Footnotes from the filing

The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range.
Sales prices range from $97.71 to $98.61 per share, inclusive.
The shares are held by Continental Grain Company ("Company"). Mr. Fribourg may be deemed to share voting and investment power with respect to the shares held by the Company by virtue of being Executive Chairman of the Company. In addition, Mr. Fribourg is a co-trustee and in one case, a beneficiary, of various trusts established for the benefit of certain members of Mr. Fribourg's family that collectively control a majority interest in the Company. Mr. Fribourg disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.