LENNAR CORP /NEW/ 4

Director Armando J. Olivera received 19 deferred stock units of Lennar Corp. Class A Common Stock as a routine director compensation/dividend-equivalent award.

On July 10, 2026, Lennar Corp. director Armando J. Olivera received an automatic award of 19 Class A Common Stock deferred stock units (DSUs), valued at approximately $1,601 based on the $84.27 closing price, as part of the issuer’s outside directors’ compensation program and related to dividend equivalents on both his deferred quarterly cash director’s fee DSUs and unvested annual DSU grant. These DSUs are fully vested in respect of the fee-related portion and will otherwise vest in line with the underlying annual grant, but all DSUs will remain in deferred form and will not convert into Class A shares until he ceases to serve on the Board. Following this routine compensation-related award, Olivera beneficially holds 22,812 Class A-equivalent deferred units/shares in a direct/deferred capacity, with an estimated market value of roughly $1.9 million based on the current trading price of Lennar stock.

Filing Facts

CIK

920760

Ticker

LEN

Form

4

Source Type

sec

Accession

0001193125-26-303503

Alert Tier

4