David M. Collins - 14 Feb 2025 Form 4 Insider Report for LENNAR CORP /NEW/ (LEN)

Signature
/s/ Mark Sustana as attorney-in-fact for David M. Collins
Issuer symbol
LEN
Transactions as of
14 Feb 2025
Net transactions value
-$408,177
Form type
4
Filing time
19 Feb 2025, 17:48:49 UTC
Previous filing
17 Jan 2025
Next filing
22 Jan 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEN, LEN.B Class A Common Stock Tax liability $153,809 -1,242 -2.6% $123.84 45,997 14 Feb 2025 Direct F1
transaction LEN, LEN.B Class A Common Stock Tax liability $150,961 -1,219 -2.7% $123.84 44,778 14 Feb 2025 Direct F2
transaction LEN, LEN.B Class A Common Stock Tax liability $103,406 -835 -1.9% $123.84 43,943 14 Feb 2025 Direct F3
holding LEN, LEN.B Class B Common Stock 3,537 14 Feb 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on February 28, 2022.
F2 Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on February 28, 2023.
F3 Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on January 8, 2024.