(LEN)

Role: Director
Signature: /s/ Mark Liberman as attorney-in-fact for Amy Banse
Issuer symbol: LEN
Transactions as of: 26 Nov 2025
Net transactions value: $0
Form type: 4
Filing time: 01 Dec 2025, 17:10:26 UTC
Previous filing: 02 Sep 2025
Next filing: 02 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Banse Amy	Director	5505 WATERFORD DISTRICT DRIVE, MIAMI	/s/ Mark Liberman as attorney-in-fact for Amy Banse	01 Dec 2025	0001550029

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LEN, LEN.B	Class A Common Stock	Other		-220	-1.5%		14,490	26 Nov 2025	Direct	F1
holding	LEN, LEN.B	Class A Common Stock						165	26 Nov 2025	By Trust	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Lennar Class A Common Stock that were validly tendered by the Reporting Person and accepted by Lennar in connection with the exchange offer by Lennar of Millrose Properties, Inc. ("Millrose") Class A Common Stock for shares of Lennar Class A Common Stock. The Reporting Person received a number of shares of Millrose Class A Common Stock, calculated at a ratio of 4.1367 shares of Millrose Class A Common Stock per share of Lennar Class A Common Stock accepted in the exchange offer, subject to cash in lieu payment of fractional shares.
F2	These shares are held in a trust, of which the reporting person is the trustee, for the benefit of the reporting person's child.

Content

Represents shares of Lennar Class A Common Stock that were validly tendered by the Reporting Person and accepted by Lennar in connection with the exchange offer by Lennar of Millrose Properties, Inc. ("Millrose") Class A Common Stock for shares of Lennar Class A Common Stock. The Reporting Person received a number of shares of Millrose Class A Common Stock, calculated at a ratio of 4.1367 shares of Millrose Class A Common Stock per share of Lennar Class A Common Stock accepted in the exchange offer, subject to cash in lieu payment of fractional shares.

These shares are held in a trust, of which the reporting person is the trustee, for the benefit of the reporting person's child.