Lennar Corp director Teri P. McClure received 15 restricted stock units on October 7, 2026, in respect of her unvested annual RSU grant, including dividend equivalents issued as a result of a dividend on Lennar Corp common stock with an October 7, 2026 record date. The RSUs vest at the same time as the related annual grant. The reported post-transaction position was 32,013 Class A Common Stock shares; the filing also lists 275 Class B Common Stock shares.
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.
Lennar Corporation’s Schedule 13G/A reports Warren E. Buffett and Berkshire Hathaway Inc. each as beneficially owning 26,034,436 Class A shares, or 12.5%, with shared voting and dispositive power. National Indemnity Company reports 21,502,349 shares, or 10.3%.
Other reporting persons also list positions: WestGUARD Insurance Company reports 5,511,000 shares (2.7%); Medical Protective Company, MedPro Group Inc. and Columbia Insurance Company each report 4,532,087 shares (2.2%); and Berkshire Hathaway Life Insurance Company of Nebraska and BHG Life Insurance Company each report 3,625,000 shares (1.7%). These are amounts shown on individual reporting-person cover pages.
Lennar Corporation (LEN) shares totaling 2,418,637 were purchased indirectly through Berkshire Hathaway Inc. subsidiaries on October 1 and 2, 2026, across Class A and Class B common stock. Berkshire Hathaway Inc. and Warren E. Buffett are identified as ten percent owners. Buffett disclaims beneficial ownership except to the extent of his pecuniary interest. No Rule 10b5-1 plan is reported.
Lennar Corporation (LEN) reported third-quarter revenue of $8.046 billion for the three months ended August 31, 2026, compared with $8.810 billion a year earlier. Net earnings attributable to Lennar were $283.9 million, versus $591.0 million, and diluted earnings per share were $1.19 versus $2.29. Homebuilding revenue was $7.759 billion, compared with $8.254 billion.
Net earnings included $53.3 million of mark-to-market losses on publicly traded technology investments, versus $99.2 million of gains in the prior-year quarter. For the nine months ended August 31, 2026, net cash used in operating activities was $822.2 million, compared with $1.543 billion in the prior-year period. Lennar repurchased 8,807,004 Class A shares for $833.747 million and 1,192,996 Class B shares for $106.555 million during those nine months; $751 million in repurchase authorization remained as of August 31, 2026. The board declared a $0.50-per-share quarterly dividend, payable October 22, 2026, to holders of record October 7, 2026.
Lennar Corporation (LEN) reported that Berkshire Hathaway Inc., a ten-percent owner, indirectly purchased 660,410 shares of its Class A and Class B common stock from September 28 through September 30, 2026. On September 30, purchases included 638,813 Class A shares at a weighted-average $81.5900 and 4,008 Class B shares at a weighted-average $79.9800 per share. Berkshire subsidiaries are identified as owners of the reported shares; Warren E. Buffett, also a ten-percent owner, disclaims beneficial ownership except to the extent of his pecuniary interest. No Rule 10b5-1 plan is reported.
Lennar Corp (LEN) received a new Form 4 showing that Berkshire Hathaway Inc., a ten percent owner, reported indirect open-market purchases of Lennar stock over several days in September 2026. Across September 17–21, 2026, Berkshire-affiliated entities purchased a reported 2,743,529 shares of Lennar common stock.
The transactions covered both Class A Common Stock and Class B Common Stock, with weighted average purchase prices in the mid- to high-$70s per share. The filing states these shares are held by Berkshire insurance subsidiaries, and that Warren E. Buffett, as Berkshire’s controlling stockholder, may be deemed to beneficially own them only to the extent of his pecuniary interest, while he disclaims beneficial ownership beyond that. No Rule 10b5-1 trading plan is reported.
Lennar Corp (LEN) reported that Berkshire Hathaway Inc. and Warren E. Buffett are ten percent owners, with an initial Form 3 filing showing indirect holdings of Lennar common stock. The filing lists 21,050,601 shares of Class A Common Stock and 453,196 shares of Class B Common Stock held through Berkshire insurance subsidiaries, with Berkshire in the ownership chain of each. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own these shares only to the extent of his pecuniary interest and disclaims beneficial ownership beyond that.
Lennar Corporation (LEN) reported significantly weaker results for the third quarter ended August 31, 2026 amid a tougher housing and rate environment. Net earnings attributable to Lennar fell to $284 million, or $1.19 per diluted share, from $591 million, or $2.29, a year earlier. Total revenues declined to $8.0 billion from $8.8 billion, as home deliveries slipped 3% to 20,840 homes and the average sales price fell to $372,000. Homebuilding gross margin on home sales compressed to 15.8% from 17.5%, while SG&A rose to 9.2% of home sales revenue.
The company emphasized operational gains, including record-low cycle times of 116 days, lower construction costs per square foot, and reduced completed, unsold inventory. Lennar ended the quarter with $1.2 billion in homebuilding cash, homebuilding debt-to-total capital of 16.6%, and a backlog of 16,857 homes valued at $6.3 billion. It repurchased 3 million shares for $256 million and redeemed $400 million of 5.25% senior notes due June 2026. For fourth quarter 2026, Lennar guides to 22,000–23,000 deliveries, gross margin of 15.5%–16.0%, and Financial Services operating earnings of $90–95 million, and it now targets full-year 2026 deliveries of 80,000–81,000 homes, reduced from the prior 82,000–83,000 range.
LENNAR CORP (LEN) director Jeffrey Sonnenfeld received an award of 341 deferred stock units representing Class A common stock on August 31, 2026, valued at $84.11 per unit, issued in lieu of his quarterly cash retainer for board service. These deferred stock units are fully vested upon grant but will not convert into shares of Class A common stock until he ceases to be a member of the Board of Directors. Following this award, he directly holds 28,188 Class A shares (including deferred stock units) and 591 Class B shares. No transactions are reported under a Rule 10b5-1 trading plan.