Key facts
- This page summarizes LENNAR CORP /NEW/'s Form 4 filing for Millrose Properties, Inc. (MRP).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 01 Dec 2025, 17:17.
LENNAR CORP /NEW/ - 26 Nov 2025 Form 4 Insider Report for Millrose Properties, Inc. (MRP)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- MRP
- Reported as of
- 26 Nov 2025
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 01 Dec 2025, 17:17:26 UTC
- Prior SEC filing
- 07 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Mark Liberman, Assistant Secretary for Lennar Corporation
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
LENNAR CORP /NEW/ filed Form 4 for Millrose Properties, Inc. (MRP) on 01 Dec 2025.
Change
- Previous filing in this sequence was filed on 07 Feb 2025.
- Current net transaction value: $0.
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.
Reporting Owners (1)
CIK 0000920760
Primary reporting owner
LENNAR CORP /NEW/
- Relationship
- 10%+ Owner
- Address
- C/O MILLROSE PROPERTIES, INC., 600 BRICKELL AVENUE, SUITE 1400, MIAMI
- Signature
- /s/ Mark Liberman, Assistant Secretary for Lennar Corporation
- Signature date
- 01 Dec 2025
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MRP
transaction
Class A Common Stock
Other
- Transaction value
- Shares
- -33,298,754
- Change %
- -100%
- Price
- Shares after
- 1,794
- Date
- 26 Nov 2025
- Ownership
- Direct
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
LENNAR CORP /NEW/ is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
On October 10, 2025, the Reporting Person commenced an offer to holders of shares of Lennar Class A Common Stock to exchange Lennar Class A Common Stock for Millrose Properties, Inc. ("Millrose") Class A Common Stock. On November 26, 2025, the Reporting Person announced the final results of the exchange offer and confirmed that 8,049,594 shares of tendered Lennar Class A Common Stock were accepted in exchange for 33,298,754 shares of Millrose Class A Common Stock, representing a final exchange ratio of 4.1367 shares of Millrose Class A Common Stock per share of Lennar Class A Common Stock accepted in the exchange offer.
Footnote F2
Shares held by the Reporting Person as of the Transaction Date include 100,495 shares of Millrose Class A Common Stock that were returned to the Reporting Person in non-volitional transactions in connection with forfeitures of unvested restricted stock awards by employees of the Reporting Person. On February 7, 2025, the Reporting Person completed its spin-off of Millrose Properties Inc. ("Millrose"). In connection with the spin-off, employees of the Reporting Person holding unvested restricted stock awards previously granted by the Reporting Person received shares of Millrose Class A Common Stock or Millrose Class B Common Stock, depending on their election.
Footnote F3
(Continued from footnote 2) These shares of Millrose common stock are subject to the same vesting conditions, forfeiture terms and other restrictions as the unvested restricted stock awards to which they relate. As such, any such shares of Millrose common stock will be forfeited back to the Reporting Person if the unvested restricted stock awards are forfeited by their terms.