Key facts
- This page summarizes Jonathan M. Jaffe's Form 4 filing for LENNAR CORP /NEW/ (LEN).
- 4 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 03 Mar 2025, 21:31.
Jonathan M. Jaffe - 27 Feb 2025 Form 4 Insider Report for LENNAR CORP /NEW/ (LEN)
- Reporting relationship
- Co-CEO & President, Director
- Issuer ticker
- LEN
- Reported as of
- 27 Feb 2025
- Net transaction value
- -$7,464,986
- SEC form
- 4
- Accepted by SEC
- 03 Mar 2025, 21:31:15 UTC
- Prior SEC filing
- 17 Jan 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Mark Sustana as attorney-in-fact for Jonathan M. Jaffe
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Jonathan M. Jaffe filed Form 4 for LENNAR CORP /NEW/ (LEN) on 03 Mar 2025.
Change
- Previous filing in this sequence was filed on 17 Jan 2025.
- Current net transaction value: -$7,464,986.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LEN, LEN.B
transaction
Class A Common Stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- -6,668
- Change %
- -0.55%
- Price
- $0.000000
- Shares after
- 1,206,566
- Date
- 27 Feb 2025
- Ownership
- Direct
- Footnotes
- F1
LEN, LEN.B
transaction
Class A Common Stock
Tax liability
- Transaction value
- $4,060,321
- Shares
- -33,732
- Change %
- -2.8%
- Price
- $120.37
- Shares after
- 1,172,834
- Date
- 27 Feb 2025
- Ownership
- Direct
- Footnotes
- F2
LEN, LEN.B
transaction
Class A Common Stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- -5,591
- Change %
- -0.48%
- Price
- $0.000000
- Shares after
- 1,167,243
- Date
- 27 Feb 2025
- Ownership
- Direct
- Footnotes
- F3
LEN, LEN.B
transaction
Class A Common Stock
Tax liability
- Transaction value
- $3,404,665
- Shares
- -28,285
- Change %
- -2.4%
- Price
- $120.37
- Shares after
- 1,138,958
- Date
- 27 Feb 2025
- Ownership
- Direct
- Footnotes
- F4
LEN, LEN.B
holding
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 23,153
- Date
- 27 Feb 2025
- Ownership
- Direct
LEN, LEN.B
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,617
- Date
- 27 Feb 2025
- Ownership
- By ESOP Trust
- Footnotes
- F5
LEN, LEN.B
holding
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 204
- Date
- 27 Feb 2025
- Ownership
- By ESOP Trust
- Footnotes
- F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 5 footnotes
Footnote F1
On February 28, 2022, the reporting person was granted a target award of 92,390 shares of Class A common stock subject to performance-based vesting conditions over a three-year performance period, which ended on November 30, 2024. This grant was reported when it occurred. As a result of Company's failure to achieve certain financial performance goals, the 6,668 shares of Class A common stock were forfeited.
Footnote F2
Pursuant to a 10b5-1 plan, the reporting person surrendered shares to pay tax liability on the shares of Class A common stock that were subject to performance criteria. The grant of shares subject to performance-based vesting conditions was originally made on February 28, 2022.
Footnote F3
On November 17, 2022, the reporting person was granted a target award of 77,470 shares of Class A common stock subject to performance-based vesting conditions over a three-year performance period, which ended on November 30, 2024. This grant was reported when it occurred. As a result of Company's failure to achieve certain financial performance goals, the 5,591 shares of Class A common stock were forfeited.
Footnote F4
Pursuant to a 10b5-1 plan, the reporting person surrendered shares to pay tax liability on the shares of Class A common stock that were subject to performance criteria. The grant of shares subject to performance-based vesting conditions was originally made on November 17, 2022.
Footnote F5
Represents the number of shares indirectly held by the Reporting Person, as reflected in the Reporting Person's Employee Stock Ownership Plan ("ESOP") account on February 28, 2025.