LENNAR CORP /NEW/0000920760false00009207602026-06-052026-06-050000920760us-gaap:CommonClassAMember2026-06-052026-06-050000920760us-gaap:CommonClassBMember2026-06-052026-06-05
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
June 5, 2026
Date of Report (Date of earliest event reported) LENNAR CORPORATION
(Exact name of registrant as specified in its charter) | | | | | | | | |
| Delaware | 1-11749 | 95-4337490 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
5505 Waterford District Drive, Miami, Florida 33126
(Address of principal executive offices) (Zip Code)
(305) 559-4000
(Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| | | | | | | | |
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Class A Common Stock, par value $.10 | LEN | New York Stock Exchange |
| Class B Common Stock, par value $.10 | LEN.B | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 5, 2026, Lennar Corporation (the “Company”) appointed Jim Parker as the Company’s Chief Operating Officer, effective as of June 5, 2026 (the “Effective Date”). Mr. Parker, 56, has more than three decades of experience in the industry. He most recently served as Area President of the Company, leading the Company's East operations, since December 2025, and prior to that he served as Regional President from May 2019 to December 2025. Previously, Mr. Parker served as Regional President of CalAtlantic Homes from October 2015 until its merger with the Company in 2018, as Area President at Ryland Homes from September 2013 to October 2015 and as Atlanta Division President at Ryland Homes from September 2012 to September 2013. His earlier career includes various leadership roles at John Wieland Homes, KB Home, and Beazer Homes. Mr. Parker also founded Parker Chandler Homes before selling the business in 2006.
In connection with his appointment, the Compensation Committee of the Company’s Board of Directors increased Mr. Parker’s annual cash incentive target to $5,750,000, effective as of the Effective Date. There are no arrangements or understandings between Mr. Parker and any other persons pursuant to which Mr. Parker was selected as an officer of the Company. Mr. Parker has no family relationships with any of the Company’s directors or executive officers, and he is not a party to and does not have any direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K under the Securities Act of 1933, as amended.
Item 7.01. Regulation FD Disclosure.
In connection with the matters described in Item 5.02 herein, on June 5, 2026, the Company also announced that effective as of June 5, 2026, David Grove has been named Executive Vice President, Homebuilding. Mr. Grove most recently served as Area President of the Company, leading the Company’s West operations, since December 2025, and prior to that, he served as Regional President for Texas from 2022 to December 2025. Mr. Grove joined Lennar in 1999 as a Construction Area Manager, advancing through roles in construction management and operations, including serving as a Division President beginning in 2004.
A copy of the press release announcing the appointments of Messrs. Parker and Grove is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference in this Item 7.01.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
The following exhibit is filed as part of this Current Report on Form 8-K.
| | | | | |
| Exhibit No. | Description of Document |
| |
| 99.1 | Press Release issued by Lennar Corporation on June 5, 2026. |
| 104 | Cover Page Interactive Data File--the cover page XBRL tags are embedded within the Inline XBRL document. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | | | | | | |
Date: June 5, 2026 | Lennar Corporation |
| | |
| By: | /s/ Diane Bessette |
| Name: | Diane Bessette |
| Title: | Vice President and Chief Financial Officer |
Exhibit 99.1
Contact: Jorge Almeida
Investor Relations
Lennar Corporation
(305) 485-4129
FOR IMMEDIATE RELEASE
Lennar Names Jim Parker Chief Operating Officer and David Grove EVP, Homebuilding
MIAMI, June 5, 2026 – Lennar Corporation (NYSE: LEN and LEN.B), one of the nation’s largest homebuilders, today announced that, effective immediately, Jim Parker has been named Chief Operating Officer and David Grove has been named Executive Vice President, Homebuilding.
Mr. Parker and Mr. Grove most recently served as Area Presidents, leading Lennar’s East and West operations, respectively. In their new roles, they will continue to report to Stuart Miller, Executive Chairman, Chief Executive Officer and President of Lennar. Mr. Parker and Mr. Grove each bring 30 years of homebuilding industry experience.
Mr. Parker joined Lennar as Regional President through its 2018 merger with CalAtlantic Homes, where he had served as Region President following the merger of Ryland Homes and Standard Pacific. Earlier in his career, he held leadership roles at John Wieland Homes and Beazer Homes, founded and sold Parker Chandler Homes — operating across Atlanta, Charlotte, and Myrtle Beach — and later served as Atlanta Division President and Area President at Ryland Homes.
Mr. Grove joined Lennar in 1999 as a Construction Area Manager in Austin and has spent his entire career with the company, advancing through roles in construction management and operations before becoming Division President in 2004. He led Lennar’s San Antonio Division for more than a decade and oversaw both the Austin and San Antonio Divisions before relocating to Dallas in 2017 as Division President of the Dallas-Fort Worth Division. He was named Regional President for Texas in 2022 before assuming his Area President role.
Stuart Miller, Lennar’s Executive Chairman, Chief Executive Officer and President, said, “Jim and David are tenured, proven Lennar leaders who are energized by the opportunity ahead. They have consistently delivered strong results for our teams and our business. More than that, they exemplify our core values — building quality homes and delivering more value to our customers, always with the highest level of integrity.”
About Lennar
Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LENX drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com.
