Lennar (NYSE: LEN) director awarded 2,313 RSUs for board service

Rhea-AI Filing Summary

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

Lennar Corporation director Teri P. McClure reported an equity award of 2,313 shares of Class A Common Stock in the form of restricted stock units (RSUs) for service as a director. These RSUs vest on the earlier of the next annual meeting of stockholders or the first anniversary of the grant date. After this grant, McClure directly holds 31,972 shares of Class A Common Stock and 275 shares of Class B Common Stock, reflecting a routine, compensation-related increase in her ownership stake.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider McClure Teri P

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	2,313	$0.00	--
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 31,972 shares (Direct); Class B Common Stock — 275 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 2,313 shares Class A shares after grant: 31,972 shares Class B shares held: 275 shares

3 metrics

RSUs granted 2,313 shares Restricted stock units for director service, granted on 2026-04-08

Class A shares after grant 31,972 shares Direct Class A Common Stock holding after reported transaction

Class B shares held 275 shares Direct Class B Common Stock holding after reported entry

Key Terms

restricted stock units ("RSUs"), outside directors' compensation program, annual meeting of stockholders

3 terms

restricted stock units ("RSUs") financial

"Represents restricted stock units ("RSUs") issued for service as a director"

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

"issued for service as a director in accordance with the Issuer's outside directors' compensation program"

annual meeting of stockholders financial

"The RSUs shall vest on either the date of the next annual meeting of stockholders or the first anniversary"

Form 4 Insider Transactions: What Each Field Means →

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)
04/08/2026

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	04/08/2026		A		2,313(1)	A	$0.00	31,972	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 for service as a director in accordance with the Issuer's outside directors' compensation program. The RSUs shall vest on either the date of the next annual meeting of stockholders or the first anniversary of the grant date, whichever comes first. Fractional amounts have been rounded to the nearest whole number.

	/s/ Mark Liberman as attorney-in-fact for Teri P. McClure	04/10/2026
	** 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)

FAQ

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

Teri P. McClure reported receiving 2,313 restricted stock units of Lennar Class A Common Stock as director compensation. The award is a grant, not an open-market purchase or sale, and increases her directly held Class A shares to 31,972 after the transaction.

How many Lennar Class A shares does Teri McClure hold after this Form 4?

After the reported grant, Teri P. McClure directly holds 31,972 shares of Lennar Class A Common Stock. This total includes the newly awarded 2,313 restricted stock units that were issued as part of Lennar’s outside directors’ compensation program for board service.

What did Teri McClure report for Lennar Class B Common Stock holdings?

The Form 4 shows Teri P. McClure directly holding 275 shares of Lennar Class B Common Stock. This line is presented as a holding entry rather than a new transaction, indicating an updated post-transaction ownership position in Class B shares alongside her Class A holdings.

How and when will Teri McClure’s Lennar RSUs vest?

The restricted stock units granted to Teri P. McClure vest on the earlier of the next annual meeting of Lennar stockholders or the first anniversary of the grant date. This aligns with the company’s outside directors’ compensation program and provides a clear time frame for vesting.

Is Teri McClure’s Lennar Form 4 transaction an open-market trade?

No, the Form 4 transaction is an award of restricted stock units, not an open-market trade. The RSUs were issued as compensation for service as a director under Lennar’s outside directors’ compensation program and carry a vesting schedule tied to board service.