Lennar director granted 2,313 RSUs in stock award
Banse Amy reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Banse Amy reported acquisition or exercise transactions in this Form 4 filing.
Director Amy Banse received an award of 2,313 shares of Lennar Class A common stock on April 8, 2026. The award is in the form of restricted stock units granted for service as a director under Lennar’s outside directors’ compensation program and carries a grant price of $0.00 per share.
The RSUs will vest on either the date of Lennar’s next annual stockholders’ meeting or the first anniversary of the grant date, whichever occurs first. Following this grant, Banse directly holds 16,936 Class A shares, and an additional 165 shares are held indirectly in a trust for her child, where she serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,313 shares
Grant/Award
2 txns
Insider
Banse Amy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,313 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 16,936 shares (Direct);
Class A Common Stock — 165 shares (Indirect, By Trust)
Footnotes (2)
- 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.
- F2. 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
RSU grant size: 2,313 shares
Grant price: $0.00 per share
Direct holdings after grant: 16,936 shares
+2 more
5 metrics
RSU grant size
2,313 shares
Restricted stock units granted April 8, 2026 for director service
Grant price
$0.00 per share
Stated price for RSU award, non-cash compensation
Direct holdings after grant
16,936 shares
Class A common stock directly owned following the RSU award
Indirect trust holdings
165 shares
Shares held in trust for reporting person’s child
Total visible holdings
17,101 shares
Sum of direct and indirect Class A holdings after transaction
Key Terms
restricted stock units ("RSUs"), outside directors' compensation program, vest, trustee, +1 more
5 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"
vest financial
"The RSUs shall vest on either the date of the next annual meeting"
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.
trustee financial
"shares are held in a trust, of which the reporting person is the trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
indirect ownership financial
"These shares are held in a trust, of which the reporting person is the trustee"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Amy Banse report for LEN on this Form 4?
Amy Banse reported receiving an award of 2,313 shares of Lennar Class A common stock. The award is in the form of restricted stock units granted for her service as a director under Lennar’s outside directors’ compensation program, with no cash paid per share.
What are the vesting terms of Amy Banse’s new Lennar RSU award?
The restricted stock units granted to Amy Banse will vest on the earlier of Lennar’s next annual meeting of stockholders or the first anniversary of the April 8, 2026 grant date. The filing notes that fractional amounts were rounded to the nearest whole share for this award.
Was cash involved in Amy Banse’s Lennar Form 4 equity grant?
No cash changed hands for this grant. The 2,313 Lennar Class A shares were awarded at a stated price of $0.00 per share as director compensation, reflecting a non-cash equity grant rather than an open-market purchase or sale transaction in the company’s stock.
How are Amy Banse’s indirect Lennar (LEN) holdings structured?
The filing states that 165 Lennar Class A shares are held in a trust for the benefit of Amy Banse’s child. Banse serves as trustee of this trust, which makes these shares an indirect ownership position, separate from her directly held 16,936 shares after the RSU grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
