Lennar Director Receives Dividend Equivalent RSUs
LENNAR CORP /NEW/
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Filing Summary
📢 Insider Transaction Report: LENNAR CORP /NEW/ ($LEN)
• Insider: McClure Teri P (Director) • Transaction: Grant/Award (Dividend Equivalent RSUs) • Shares: 15 Class A Common Stock • Price: $76.13 per share • Total Value: ~$1,141.95 • Post-Transaction Holdings: 32,013 Class A shares (Direct) • Significance: Low (Routine dividend equivalent crediting)
Comprehensive Analysis
Overview & Significance
On October 8, 2026, Lennar Corp ($LEN) filed a Form 4 disclosing that Director Teri P. McClure acquired 15 shares of Class A Common Stock on October 7, 2026, at an implied price of $76.13 per share, totaling approximately $1,141.95.
This transaction represents an automatic crediting of dividend equivalent restricted stock units (RSUs) pursuant to Lennar's outside directors' compensation program and carries Low trading significance.
Transaction Breakdown
- Security: Class A Common Stock
- Transaction Code:
A(Grant or Award) - Quantity: 15 shares
- Effective Price: $76.13 per share (closing price on record date)
- Total Consideration: $1,141.95
- Nature of Ownership: Direct
Context & Holdings
Per the footnote disclosures, these RSUs were issued in respect of unvested annual RSU grants and associated dividend equivalents as a result of a dividend on Lennar common stock with a record date of October 7, 2026. Following this transaction, McClure directly holds:
- 32,013 shares of Class A Common Stock
- 275 shares of Class B Common Stock
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Important Disclaimer
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