Lennar director granted 2,313 RSUs
HUDSON SHERRILL W reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
HUDSON SHERRILL W reported acquisition or exercise transactions in this Form 4 filing.
Lennar Corporation director Hudson W. Sherrill received a grant of 2,313 restricted stock units (RSUs) of Class A Common Stock as compensation for board service. These RSUs vest on the earlier of the next annual stockholder meeting or the first anniversary of the grant date.
Following this award, Sherrill directly holds 38,267 shares of Class A Common Stock and 5,650 shares of Class B Common Stock. This is a non-cash, compensation-related equity grant rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,313 shares
Grant/Award
2 txns
Insider
HUDSON SHERRILL W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,313 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 38,267 shares (Direct);
Class B Common Stock — 5,650 shares (Direct)
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
RSUs granted: 2,313 shares
Grant price: $0.00 per share
Class A holdings after: 38,267 shares
+1 more
4 metrics
RSUs granted
2,313 shares
Restricted stock units of Class A Common Stock granted to director
Grant price
$0.00 per share
Equity compensation award, non-cash
Class A holdings after
38,267 shares
Class A Common Stock directly owned after transaction
Class B holdings after
5,650 shares
Class B Common Stock directly owned as reported
Key Terms
restricted stock units ("RSUs"), outside directors' compensation program, Class A Common Stock, Class B Common Stock
4 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"
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"security_title": "Class B Common Stock""
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LEN director Hudson W. Sherrill report on this Form 4?
Hudson W. Sherrill reported receiving 2,313 restricted stock units of Lennar Class A Common Stock as a compensation grant for service as a director. The award is a non-cash equity grant, not an open-market stock purchase or sale.
What are the vesting terms of the RSUs granted to Lennar director Hudson W. Sherrill?
The 2,313 restricted stock units vest on the earlier of Lennar’s next annual meeting of stockholders or the first anniversary of the grant date. This schedule aligns with the company’s outside directors’ compensation program for equity awards.
Was the LEN Form 4 transaction an open-market purchase or sale of stock?
No. The Form 4 shows a grant of restricted stock units to director Hudson W. Sherrill at a price of $0.00 per share as compensation. It does not report any open-market purchases or sales of Lennar stock by the director.
Why did Lennar (LEN) grant RSUs to director Hudson W. Sherrill?
The restricted stock units were issued to Hudson W. Sherrill for service as a director under Lennar’s outside directors’ compensation program. Such equity awards align director interests with shareholders by tying compensation partly to the company’s stock performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
