[SCHEDULE 13G/A] Landsea Homes Corporation Warrant SEC Filing

Rhea-AI Filing Summary

Schedule 13G/A – Amendment No. 1 (filed 06-02-2025) discloses a change in beneficial ownership of Landsea Homes Corp. common stock (CUSIP 51509P103). The filing is made by Mr. Jian Jun Yu, a Canadian individual who controls Brother Pearl Limited, the entity through which the shares are held.

Key ownership details

• Aggregate beneficial ownership: 1,915,578 shares
• Percentage of class: 5.26 % (down from 8.86 %)
• Voting & dispositive power: Shared for all reported shares; no sole voting/dispositive power
• Date triggering the filing obligation: May 20, 2025

The amendment notes that sales executed between May 16-20, 2025 by Brother Pearl Limited reduced its holding from 8.86 % to 5.26 % of outstanding common stock, crossing the 5 % reporting threshold and necessitating this Schedule 13G update. The filer certifies that the shares are held without the intent to influence or change control of the issuer.

Implications for investors

• The reduced stake may signal profit-taking or portfolio rebalancing by a large shareholder.
• Even after the sale, the filer remains a 5 %+ holder, maintaining a significant economic interest aligned with other shareholders.
• No information is provided regarding management, operations, or financial performance of Landsea Homes; the filing is solely an ownership disclosure.

Positive

• Filer still holds 1.9 million shares (5.26 %), indicating continued economic exposure and alignment with other shareholders.

Negative

• Stake reduced from 8.86 % to 5.26 % through sales on May 16-20 2025, potentially signalling decreased confidence or profit-taking by a significant shareholder.

Insights

Securities Analyst

TL;DR 3.6 pp stake reduction to 5.26 % suggests modest insider sell-down; neutral-to-slightly negative sentiment.

The move trims the filer’s position by roughly 40 % (8.86 %→5.26 %), indicating either profit realisation or strategic repositioning. While still above the 5 % threshold, the lower holding reduces potential voting influence and could be interpreted as waning conviction. No operational data accompanies the filing, so market impact depends on how investors perceive this insider’s knowledge and motives. The absence of control intent keeps the filing passive, but trading volumes around the May 16-20 window merit monitoring for price pressure.

Corporate Governance Expert

TL;DR Large shareholder remains above 5 %, continues passive stance; governance impact limited.

The certification under Rule 13d-1(c) confirms a passive investment posture; there is no attempt to influence board composition or strategy. Despite the reduced stake, Mr. Yu’s continued 5 %+ ownership preserves disclosure obligations, enhancing transparency. Governance risk is low because voting/dispositive powers remain shared within a single controlled entity, Brother Pearl Limited. Unless further sales push holdings below 5 %, no additional governance shifts are expected.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Landsea Homes Corp

(Name of Issuer)

Common Stock

(Title of Class of Securities)

51509P103

(CUSIP Number)

05/20/2025

(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. 51509P103

1

Names of Reporting Persons

Yu Jian Jun

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

CANADA (FEDERAL LEVEL)

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,915,578.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,915,578.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,915,578.00

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)

5.3 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Filer owns 1,915,578 shares of Common Stock of the Issuer through Brother Pearl Limited. Filer may be deemed to have beneficial ownership of the Shares, since Brother Pearl Limited is 100% directly owned by Mr. Jian Jun. The sales to third parties occurring on May 16-20, 2025 reduced the percentage of ownership by Brother Pearl Limited of the Common Stock Issuer from 8.86% to 5.26%.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Landsea Homes Corp
(b)	Address of issuer's principal executive offices: 1717 MCKINNEY AVENUE, SUITE 1000, DALLAS, TEXAS, 75202
Item 2.
(a)	Name of person filing: Jian Jun Yu
(b)	Address or principal business office or, if none, residence: 8400West Road Richmond, BC Canada, V6X
(c)	Citizenship: Canadian
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 51509P103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,915,578
(b)	Percent of class: 5.26%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 1,915,578
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 1,915,578
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
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 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.

Yu Jian Jun

Signature:	Jian Jun Yu
Name/Title:	Individual
Date:	06/02/2025

FAQ

How many Landsea Homes (LSEAW) shares does Jian Jun Yu now own?

He beneficially owns 1,915,578 common shares through Brother Pearl Limited.

What percentage of Landsea Homes’ outstanding shares does this represent?

The holding equals 5.26 % of the common stock class.

Why was a Schedule 13G/A filed on 06-02-2025?

Sales between May 16-20 2025 lowered the position below the previous 8.86 %, triggering an amendment to disclose the new 5 %+ ownership level.

Does the filing indicate any intent to control Landsea Homes?

No. The certification states the shares are not held to influence or change control of the issuer.

Is the voting power held solely or jointly?

All 1,915,578 shares carry shared voting and dispositive power; Mr. Yu has no sole authority.