Lennar director granted 12 RSUs after dividend

McClure Teri P reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

McClure Teri P reported acquisition or exercise transactions in this Form 4 filing.

Lennar Corp director Teri P. McClure reported a compensation-related equity award rather than an open-market trade. She received 12 shares of Class A common stock in the form of restricted stock units issued in respect of her unvested annual RSU grant due to a dividend on Lennar’s common stock with a record date of April 22, 2026. These RSUs will vest at the same time as the related annual grant. Following this award, she directly holds 31,984 shares of Class A common stock and 275 shares of Class B common stock.

Insider Trade Summary

Grant/Award: 12 shares

Grant/Award 2 txns

Insider McClure Teri P

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	12	$94.45	$1K
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 31,984 shares (Direct); Class B Common Stock — 275 shares (Direct)

Footnotes (2)

1. F1. Represents restricted stock units ("RSUs") issued in respect of the Reporting Person's unvested annual RSU grant as a result of the dividend on the Issuer's common stock with a record date of April 22, 2026, in accordance with the Issuer's outside directors' compensation program. Such RSUs will vest at the same time as the annual RSU grant to which they relate. Fractional amounts have been rounded to the nearest whole number.
2. F2. Represents the closing price per share of Issuer's common stock as of the record date.

Key Figures

RSUs granted: 12 shares RSU reference price: $94.45 per share Class A shares held: 31,984 shares +1 more

4 metrics

RSUs granted 12 shares Restricted stock units tied to April 22, 2026 dividend

RSU reference price $94.45 per share Closing price on April 22, 2026 record date

Class A shares held 31,984 shares Direct holdings after RSU award

Class B shares held 275 shares Direct holdings reported as of April 22, 2026

Key Terms

restricted stock units ("RSUs"), outside directors' compensation program, record date, closing price per share

4 terms

restricted stock units ("RSUs") financial

"Represents restricted stock units ("RSUs") issued in respect of the Reporting Person's unvested annual RSU grant"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

outside directors' compensation program financial

"in accordance with the Issuer's outside directors' compensation program"

record date financial

"as a result of the dividend on the Issuer's common stock with a record date of April 22, 2026"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

closing price per share financial

"Represents the closing price per share of Issuer's common stock as of the record date."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Lennar (LEN) director Teri P. McClure report?

Teri P. McClure reported receiving 12 Class A common shares as restricted stock units. These RSUs were issued as part of her unvested annual grant in connection with a dividend, under Lennar’s outside directors’ compensation program.

Was the Lennar (LEN) Form 4 transaction a market purchase or sale?

The Form 4 shows a grant or award, not a market trade. McClure received 12 restricted stock units tied to a dividend, classified as a compensation-related acquisition rather than an open-market buy or sell of Lennar shares.

How many Lennar (LEN) Class A shares does Teri P. McClure now hold?

After the reported award, Teri P. McClure directly holds 31,984 shares of Lennar Class A common stock. This figure includes the 12 new restricted stock units granted in connection with the dividend-related adjustment to her annual RSU grant.

What is the reference price for the new Lennar (LEN) RSUs granted to McClure?

The 12 restricted stock units were valued using $94.45 per share, which represents the closing price of Lennar’s common stock on the April 22, 2026 record date. This price is disclosed in the Form 4 footnotes.

When will Teri P. McClure’s new Lennar (LEN) RSUs vest?

The Form 4 states that these RSUs will vest at the same time as the annual restricted stock unit grant to which they relate. They are effectively an incremental dividend-related adjustment to her existing unvested annual award.

How many Lennar (LEN) Class B shares does Teri P. McClure report holding?

Alongside her Class A holdings, Teri P. McClure reports direct ownership of 275 shares of Lennar Class B common stock. This figure appears as a holding entry, with no new Class B transaction reported in the filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/24/2026 - 06:02 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McClure Teri P

(Last) (First) (Middle)

5505 WATERFORD DISTRICT DRIVE

(Street)

MIAMI FLORIDA 33126

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LENNAR CORP /NEW/ [ LEN, LEN.B ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/22/2026		A		12(1)	A	$94.45(2)	31,984	D
Class B Common Stock								275	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units ("RSUs") issued in respect of the Reporting Person's unvested annual RSU grant as a result of the dividend on the Issuer's common stock with a record date of April 22, 2026, in accordance with the Issuer's outside directors' compensation program. Such RSUs will vest at the same time as the annual RSU grant to which they relate. Fractional amounts have been rounded to the nearest whole number.

2. Represents the closing price per share of Issuer's common stock as of the record date.

	/s/ Mark Liberman as attorney-in-fact for Teri P. McClure	04/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)