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Lennar Corp Director Jeffrey Sonnenfeld Receives 21 DSUs via Dividend Reinvestment
LENNAR CORP /NEW/
$LEN4CIK: 0000920760
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Filing Summary
{
"title": "Lennar Corp ($LEN) - Insider Transaction",
"color": 3447003,
"fields": [
{
"name": "Insider",
"value": "Jeffrey Sonnenfeld (Director)",
"inline": true
},
{
"name": "Transaction Type",
"value": "Grant / Dividend Equivalent (DSUs)",
"inline": true
},
{
"name": "Shares",
"value": "21",
"inline": true
},
{
"name": "Price",
"value": "$76.13",
"inline": true
},
{
"name": "Total Value",
"value": "$1,598.73",
"inline": true
},
{
"name": "Shares Owned Following",
"value": "28,209 Class A",
"inline": true
}
],
"footer": {
"text": "Filing Date: 2026-10-08 | SEC Form 4"
}
}
Comprehensive Analysis
Insider Transaction Overview
On October 7, 2026, Jeffrey Sonnenfeld, a member of the Board of Directors of Lennar Corp /NEW/ ($LEN), acquired 21 shares of Class A Common Stock in the form of deferred stock units (DSUs) at an evaluated price of $76.13 per share, amounting to an aggregate value of $1,598.73.
Transaction Nature and Significance
- Transaction Code:
A(Grant or award under an employee benefit plan or director compensation program). - Mechanism: As detailed in the filing footnotes, this transaction reflects dividend equivalent DSUs granted pursuant to Lennar's outside directors' compensation program relating to deferred director fees and unvested annual DSU grants following a quarterly dividend record date.
- Significance: Low. This represents a routine, non-discretionary issuance of dividend equivalent units rather than an open-market purchase or sale. It has negligible informational value regarding management sentiment.
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Important Disclaimer
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