Estée Lauder amends stock option vesting for termination without cause; adds clawback provisions

ESTEE LAUDER COMPANIES INC

On Aug 21, 2025, Compensation Committee approved a new Stock Option Award Agreement for executive officers and non-executive employees.
Termination without cause: non-retirement-eligible employees receive pro rata vesting through last day paid; full vesting eliminated; remaining unvested forfeited.
Retirement-eligible employees continue to receive full vesting upon retirement; Retirement Eligible defined as age 55 + 10 yrs service or age 65 + 5 yrs service.
Expanded restrictive covenants include confidentiality, non-competition, non-solicitation, non-disclosure, non-interference, and non-disparagement provisions.
New forfeiture and clawback provision for non-compliance with personal covenants applies to outstanding options and shares acquired upon exercise.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.