Estee Lauder exec VP La Lande sells $802k in company shares
Executive Vice President and General Counsel at Estee Lauder Companies Inc., Rashida La Lande, recently sold 7,766 shares of the company's Class A Common Stock, totaling approximately $802,383, on August 28, 2026, at a price of $103.32 per share. This sale occurred as the stock was trading at $102.30, with a market capitalization of $37 billion and a high P/E ratio of 203.9, indicating premium valuation expectations.
Additionally, La Lande withheld 6,591 shares on August 27, 2026, to cover tax obligations related to the vesting of Restricted Stock Units (RSUs) valued at $699,041. She also acquired 14,357 shares upon the vesting of a portion of non-annual RSUs granted in August 2024, and received new grants of derivative securities, including 10,169 Restricted Stock Units and 37,053 stock options, with vesting and exercisability scheduled starting November 1, 2027.
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