Jane Lauder Amends Estee Lauder Stake Filing

TL;DR

Jane Lauder updated her 13D filing for Estee Lauder - something changed.

AI Summary

Jane Lauder filed an amendment (No. 3) to her Schedule 13D on December 4, 2024, regarding her holdings in The Estée Lauder Companies Inc. The filing indicates a change in the reporting person's intentions or status concerning the securities, though specific details of the change are not elaborated in the provided text. The filing is made under the Securities Exchange Act of 1934.

Why It Matters

This amendment signals a potential shift in a significant shareholder's perspective or actions regarding Estee Lauder, which could influence market perception and stock performance.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in a significant shareholder's strategy or holdings, which can introduce uncertainty and potential volatility.

Key Players & Entities

• Jane Lauder (person) — Reporting Person
• The Estée Lauder Companies Inc. (company) — Subject Company
• Beth D. Tractenberg, Esq. (person) — Authorized Person
• Steptoe & Johnson LLP (company) — Legal Counsel

FAQ

Filing Documents

• ef20039760_sc13da.htm (SC 13D/A) — 56KB
• ef20039760_ex-8.htm (EX-99.8) — 3KB
• 0001140361-24-048821.txt ( ) — 61KB

From the Filing

SC 13D/A 1 ef20039760_sc13da.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3)* THE ESTE LAUDER COMPANIES INC. (Name of Issuer) CLASS A COMMON STOCK PAR VALUE $.01 PER SHARE (Title of Class of Securities) 518439 10 4 (CUSIP Number) Beth D. Tractenberg, Esq. Steptoe & Johnson LLP 1114 Avenue of the Americas 35 th Floor New York, NY 10036 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 4, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Note : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 518439 10 4 13D Page 2 of 5 Pages 1 NAMES OF REPORTING PERSONS Jane A. Lauder 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) Not applicable 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 17,580,986 8 SHARED VOTING POWER 4,910,594 9 SOLE DISPOSITIVE POWER 17,580,986 10 SHARED DISPOSITIVE POWER 4,910,594 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 22,491,580 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.9% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN CUSIP No. 518439 10 4 13D Page 3 of 5 Pages This Statement on Schedule 13D is the third amendment ("Amendment No. 3") to an initial statement on Schedule 13D previously filed with the Securities and Exchange Commission on June 3, 2010, (the "Schedule 13D"), as amended on November 13, 2013 and April 6, 2020. This Amendment No. 3 is filed by the Reporting Person in accordance with Rule 13d-2 of the Securities Exchange Act of 1934, as amended, and refers only to information which has materially changed since the filing of the Schedule 13D. The items identified below, or the particular paragraphs of such items which are identified below, are amended as set forth below. Unless otherwise indicated, all capitalized terms used and not defined herein have the respective meanings assigned to them in the Schedule 13D. Pursuant to an amendment to the JL Revocable Trust, the Reporting Person, as grantor of the JL Revocable Trust, removed the current co-trustee of the JL Revocable Trust and the Reporting Person remains as the sole current trustee of the JL Revocable Trust and as trustee of each successor trust thereto. Item 5. Interest in Securities of the Issuer. (a) The responses of the Reporting Person to Row (11) through (13) of the cover pages of this Amendment No. 2 are incorporated herein by reference. As of December 6, 2024, the Reporting Person beneficially owned 22,491,580 shares of Class A Common Stock as follows: 58,763 shares of Class A Common Stock held directly by her; 86,203 shares of Class A Common Stock underlying exercisable options held directly by her; 275,010 shares of Class A Common Stock via her direct holding of the same number of shares of Class B Common Stock; 17,161,010 shares of Class A Common Stock via her indirect holding of the same number of shares of Class B Common Stock as trustee of the JL Revocable Trust; 4,910,594 shares of Class A Common Stock via her indirect holding of the same number of Class B Common Stock as a co-trustee of the 2008 Descendants Trust. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock and is automatically converted into one share of Class A Common Stock upon transfer to a person who is not a Permitted Transferee, as that term is defined in the Issuer's Certificate of Incorporation. Assuming conversion of all such shares of Class B Common Stock beneficially owned by the Reporting Person, t

View Full Filing

View this SC 13D/A filing on SEC EDGAR