Lennar Corp Director Amy Banse Receives Dividend Equivalent RSUs
LENNAR CORP /NEW/
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Filing Summary
# SEC Form 4 Alert: LENNAR CORP /NEW/ ($LEN)
**Insider:** Banse Amy (Director)
**Transaction Date:** 2026-10-07
### Transaction Summary
* **Type:** Grant / Dividend Equivalent (Code A)
* **Security:** Class A Common Stock
* **Shares:** +15
* **Price:** $76.13
* **Total Value:** $1,141.95
* **Direct Shares Owned After:** 16,977
* **Indirect Shares Owned:** 165 (By Trust)
### Significance
* **Rating:** Low (Routine dividend equivalent RSU credit)
Comprehensive Analysis
Executive Summary
On October 8, 2026, Lennar Corp Director Amy Banse filed a Form 4 disclosing an acquisition of 15 shares of Class A Common Stock (in the form of restricted stock units) on October 7, 2026.
Transaction Details
- Insider: Amy Banse (Director)
- Security: Class A Common Stock
- Transaction Code:
A(Grant/Award) - Shares Acquired: 15 shares
- Price Per Share: $76.13
- Gross Value: $1,141.95
- Post-Transaction Holdings: 16,977 shares held directly, plus 165 shares held indirectly via a trust for the benefit of the reporting person's child.
Nature of the Transaction
As detailed in the filing footnotes, these restricted stock units were credited in connection with unvested annual RSU grants as dividend equivalents resulting from the common stock dividend with an October 7, 2026 record date. The RSUs vest in accordance with the underlying director grants and do not represent discretionary open-market buying or selling.
Market & Trading Significance
This transaction carries Low trading significance. It is a non-discretionary, mechanical adjustment under Lennar's outside directors' compensation program to reflect dividend accruals on unvested equity awards.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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