Lennar (NYSE: LEN) BlackRock reports 7.6% Class A stake

Rhea-AI Filing Summary

BlackRock, Inc. has filed an amended ownership report showing a significant stake in Lennar Corporation Class A stock. As of December 31, 2025, BlackRock reported beneficial ownership of 16,936,080 Class A shares, representing 7.6% of the outstanding class. It held 15,774,819 shares with sole voting power and all 16,936,080 shares with sole power to dispose.

The filing explains that these shares are held by certain BlackRock business units in the ordinary course of business. Various underlying clients have the right to receive dividends or sale proceeds from Lennar shares, but no individual client holds more than five percent of Lennar’s total common shares. BlackRock certifies that the position is not intended to change or influence control of Lennar.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 18)

LENNAR CORPORATION

(Name of Issuer)

Class A Stock

(Title of Class of Securities)

526057104

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 526057104

1

Names of Reporting Persons

BlackRock, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 15,774,819.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 16,936,080.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

16,936,080.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.6 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: LENNAR CORPORATION
(b)	Address of issuer's principal executive offices: 5505 WATERFORD DISTRICT DRIVE MIAMI FL 33126
Item 2.
(a)	Name of person filing: BlackRock, Inc. In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)	Address or principal business office or, if none, residence: BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Class A Stock
(e)	CUSIP No.: 526057104
Item 4.	Ownership
(a)	Amount beneficially owned: 16936080
(b)	Percent of class: 7.6 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 15774819
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 16936080
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of LENNAR CORPORATION. No one person's interest in the common stock of LENNAR CORPORATION is more than five percent of the total outstanding common shares.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BlackRock, Inc.

Signature:	Spencer Fleming
Name/Title:	Managing Director
Date:	01/21/2026

Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7

FAQ

What percentage of Lennar (LEN) does BlackRock report owning?

BlackRock, Inc. reports beneficial ownership of 7.6% of Lennar Corporation’s Class A stock as disclosed in the amended Schedule 13G.

How many Lennar (LEN) Class A shares does BlackRock beneficially own?

BlackRock reports beneficial ownership of 16,936,080 Lennar Corporation Class A shares, with sole power to dispose of all those shares.

How many Lennar (LEN) shares can BlackRock vote?

BlackRock has 15,774,819 Lennar Class A shares with sole voting power and no shares with shared voting power.

Is BlackRock’s Lennar (LEN) stake intended to influence control of the company?

BlackRock certifies the Lennar shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Lennar.

Do BlackRock’s clients have rights to Lennar (LEN) dividends or sale proceeds?

The filing states that various persons have the right to receive dividends or sale proceeds from Lennar stock held by BlackRock, but no single person’s interest exceeds five percent of Lennar’s total outstanding common shares.

What type of reporting person is BlackRock in this Lennar (LEN) filing?

BlackRock is classified as an HC (holding company) reporting person in this Schedule 13G/A regarding Lennar Corporation.