| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LEN, LEN.B | Class A Common Stock | -Sell | -$1,701,100 | -10,000 | -7.77% | $170.11 | 118,629 | May 15, 2024 | Direct | F1, F2 |
| holding | LEN, LEN.B | Class B Common Stock | 2,883 | May 15, 2024 | Direct |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | On February 9, 2024, Mr. McCall entered into a trading plan designed to satisfy the affirmative defense of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the "Plan"). The Plan allows the orderly disposition of shares owned by Mr. McCall. The shares set forth above were sold pursuant to the Plan. |
| F2 | The price reflects the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $170.00 to $170.27 per share. The reporting person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. |