Lennar director granted 2,312 deferred stock units
Lennar Corporation director Jeffrey Sonnenfeld received an award of 2,312 deferred stock units (DSUs) of Class A Common Stock for his board service.
Rhea-AI Filing Summary
Lennar Corporation director Jeffrey Sonnenfeld received an award of 2,312 deferred stock units (DSUs) of Class A Common Stock for his board service. These DSUs are issued instead of an annual share grant under the outside directors' compensation program and carry no cash payment.
The DSUs vest on the earlier of the next annual meeting of stockholders or the first anniversary of the grant date, and they do not convert into Class A common shares until he leaves the Board of Directors. After this grant, Sonnenfeld directly holds 27,494 Class A shares and 591 Class B shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,312 shares
Grant/Award
2 txns
Insider
SONNENFELD JEFFREY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,312 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 27,494 shares (Direct);
Class B Common Stock — 591 shares (Direct)
Footnotes (1)
- F1. Represents deferred stock units ("DSUs") issued in lieu of annual share grant for service as a director in accordance with the Issuer's outside directors' compensation program. The DSUs shall vest on either the date of the next annual meeting of stockholders or the first anniversary of the grant date, whichever comes first, but do not convert into shares of Class A common stock until the reporting person ceases to be a member of the Board of Directors. Fractional amounts have been rounded down to the nearest whole number.
Key Figures
Deferred stock units granted: 2,312 units
Class A shares after transaction: 27,494 shares
Class B shares held: 591 shares
+1 more
4 metrics
Deferred stock units granted
2,312 units
Class A Common Stock DSUs granted on April 8, 2026
Class A shares after transaction
27,494 shares
Total Class A Common Stock held directly after grant
Class B shares held
591 shares
Direct holdings of Class B Common Stock after reported transactions
Grant price per share
$0.0000 per unit
Compensation award, not an open-market purchase
Key Terms
deferred stock units, outside directors' compensation program, annual meeting of stockholders, Class A common stock
4 terms
deferred stock units financial
"Represents deferred stock units ("DSUs") issued in lieu of annual share grant"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
outside directors' compensation program financial
"in accordance with the Issuer's outside directors' compensation program"
annual meeting of stockholders financial
"shall vest on either the date of the next annual meeting of stockholders"
Class A common stock financial
"do not convert into shares of Class A common stock until the reporting person ceases"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Lennar (LEN) director Jeffrey Sonnenfeld report in this Form 4?
Jeffrey Sonnenfeld reported receiving 2,312 deferred stock units as a board compensation award. These units represent Class A Common Stock, vest over time, and increase his direct holdings to 27,494 Class A shares and 591 Class B shares.
Is Jeffrey Sonnenfeld buying or selling Lennar (LEN) stock in this filing?
The filing shows an acquisition through a grant, not an open-market buy or sale. Sonnenfeld received 2,312 deferred stock units as compensation for board service, with no sale transactions or cash purchases reported in this Form 4.
How and when do the Lennar deferred stock units for Jeffrey Sonnenfeld vest?
The 2,312 deferred stock units vest on the earlier of the next annual meeting of stockholders or the first anniversary of the grant date. Vesting reflects earned board service and is part of Lennar’s outside directors' compensation program structure.
What are deferred stock units in Lennar’s outside directors' compensation program?
Deferred stock units are share-based awards issued instead of an immediate share grant. For Lennar directors, these DSUs vest after a service period and convert into Class A common stock only when the director leaves the board, aligning compensation with long-term service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
