Lennar director Amy Banse receives 15 stock units

Her reported post-transaction position was 16,977 shares directly, with 165 shares held in a trust for her child’s benefit.

Rhea-AI Filing Summary

Lennar Corp (LEN) director Amy Banse received 15 restricted stock units on October 7, 2026, related to her unvested annual RSU grant as a result of a dividend on the company’s common stock. The units vest at the same time as that annual grant. The reported $76.13 per-share price is the closing price on the dividend record date.

Insider Trade Summary

Grant/Award: 15 shares

Grant/Award 2 txns

Insider Banse Amy

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock F1, F2	15	$76.13	$1K
holding	Class A Common Stock F3	--	--	--

Holdings After Transaction: Class A Common Stock — 16,977 shares (Direct); Class A Common Stock — 165 shares (Indirect, By Trust)

Footnotes (3)

1. F1. Represents restricted stock units ("RSUs") issued in respect of the Reporting Person's unvested annual RSU grant (including dividend equivalents in respect thereof) as a result of the dividend on the Issuer's common stock with a record date of October 7, 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.
3. F3. These shares are held in a trust, of which the reporting person is the trustee, for the benefit of the reporting person's child.

Key Figures

Restricted stock units: 15 units Direct shares after transaction: 16,977 shares Shares held in trust: 165 shares +1 more

4 metrics

Restricted stock units 15 units Award reported October 7, 2026

Direct shares after transaction 16,977 shares Reported position following the October 7, 2026 transaction

Shares held in trust 165 shares Trust held for the benefit of Amy Banse’s child

Closing price per share $76.13 per share Issuer common stock closing price on the October 7, 2026 record date

Key Terms

restricted stock units, dividend equivalents, vest

3 terms

restricted stock units financial

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

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

dividend equivalents financial

"including dividend equivalents in respect thereof"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

vest financial

"Such RSUs will vest at the same time as the annual RSU grant"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

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

How many RSUs did LEN director Amy Banse receive?

Amy Banse received 15 restricted stock units on October 7, 2026. They related to her unvested annual RSU grant and vest at the same time as that grant.

What were Amy Banse’s reported LEN holdings after the award?

Her reported position following the transaction was 16,977 shares directly. An additional 165 shares were held in a trust for the benefit of her child, with Banse serving as trustee.

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

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Available on EDGAR 10/08/2026 - 06:29 PM EDT Accepted by SEC EDGAR 10/08/2026 - 06:28 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^*

Banse Amy

(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)
10/07/2026

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	10/07/2026		A		15(1)	A	$76.13(2)	16,977	D
Class A Common Stock								165	I	By Trust(3)

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 (including dividend equivalents in respect thereof) as a result of the dividend on the Issuer's common stock with a record date of October 7, 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.

3. These shares are held in a trust, of which the reporting person is the trustee, for the benefit of the reporting person's child.

	/s/ Mark Liberman as attorney-in-fact for Amy Banse	10/08/2026
	** 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)