4
Featured
Impact 6/10
Insider Transaction
$EL · ESTEE LAUDER COMPANIES INC
Summary
Form 4 discloses director Paul J. Fribourg disposed of 90,972 shares in seven open-market sales totaling $10,063,122.38, at prices from $109.59 to $115.02. He retains 326,328 shares after the transactions. No 10b5-1 plan was indicated.
Key points
- Largest single sale: 70,000 shares at $110.21, worth $7,714,700.
- Total proceeds across seven sales: $10,063,122.38.
- Post-sale ownership: 326,328 shares.
- Sales executed at $109.59 to $115.02 per share, no 10b5-1 plan.
Insider transaction
InsiderFRIBOURG PAUL J (Director)
Actionsale
Shares70,000
Price$110.21
Total value$7,714,700.00
Owned after326,328
Market impact
Price data unavailable.
Why this matters
A board member's $10M open-market sale without a 10b5-1 plan is a notable insider-confidence signal for a $41B consumer company.
Sector context
_Not applicable._
Risk factors
Director selling without a 10b5-1 plan can signal reduced insider confidence, though it may reflect personal diversification.
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