Jane Lauder, the granddaughter of Estée Lauder and former chief data officer for the Estée Lauder Companies, exercised options to sell shares, following a steady climb in the company’s stock.
The former president of Clinique exercised options to acquire 17,840 shares of Class A Common Stock at $89.46 a share, then sold them at the market rate of $94.35 to $94.52 per share, netting a profit of just under $90,000.
The insider activity comes after an eventful year for the Estée Lauder Companies, which has seen a 31 percent rise in stock price year-over-year, bouncing back from a nearly 15-year low. The company is currently midway through executing a restructuring plan, which was announced by chief executive Stéphane de La Faverie in February and seeks to lay up around 7,000 employees to trim costs.
Lauder, who departed her role as ELC’s executive vice president and chief data officer in December 2024, founded pet health investment firm TAW ventures in January.
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