Form 4 for LEN Lennar
Accepted 2025-01-15 00:00:00 ET · period of report 2025-01-13 · accession 0000950170-25-005898 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2025-01-15 | 2025-01-13 | LEN | JAFFE JONATHAN M | Pres, Co-CEO, Dir | A - Grant | $0.00 | +176.3K | 1.18M | +18% | $0 |
| 2025-01-15 | 2025-01-13 | LEN | JAFFE JONATHAN M | Pres, Co-CEO, Dir | F - Tax | $131.58 | -19.7K | 1.21M | -2% | -$2.60M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-01-13 | A | A | 52,897 | $0.00 | 1,232,966 | D | — | — | (F2) The shares of Class A common stock granted vest in three equal amounts on each February 14, 2026, February 14, 2027, and February 14, 2028. The grants are subject to forfeiture in accordance with their terms. |
| 2 | Common | Class A Common Stock | 2025-01-13 | F | D | 19,732 | $131.58 | 1,213,234 | D | — | — | (F3) Surrendered shares to the Company pursuant to a 10b5-1 plan to satisfy a withholding obligation due to a grant of restricted stock on January 13, 2025. |
| 3 | Common | Class A Common Stock | 2025-01-13 | A | A | 123,426 | $0.00 | 1,180,069 | D | — | — | (F1) The shares of Class A common stock granted are subject to performance-based vesting conditions over a three-year performance period. The grant is subject to forfeiture in accordance with its terms. |