Lennar director granted 2,313 RSUs
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 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,313 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
outside directors' compensation program financial
annual meeting of stockholders financial
FAQ
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What insider transaction did Lennar (LEN) director Teri McClure report?
What did Teri McClure report for Lennar Class B Common Stock holdings?
How and when will Teri McClure’s Lennar RSUs vest?
Is Teri McClure’s Lennar Form 4 transaction an open-market trade?
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