LENNAR CORP /NEW/ 4

Outside director Theron I. Gilliam, Jr. received 14 additional Class A common stock RSUs of Lennar Corp. as a dividend-equivalent award tied to his annual RSU grant.

On July 10, 2026, outside director Theron I. Gilliam, Jr. received an automatic dividend-equivalent award of 14 Class A common stock restricted stock units (RSUs) from Lennar Corp. in connection with his previously granted but unvested annual RSU award, valued at approximately $1,180 based on the $84.27 closing price on the dividend record date. These incremental RSUs will vest on the same schedule as the underlying annual grant, are classified as directly owned, and increase Gilliam’s Class A common stock-derived equity stake to 36,823 shares (plus 432 Class B shares), implying a post-transaction equity value of roughly $3.1 million at the current share price. The filing indicates this is a routine component of the issuer’s outside director compensation program rather than an open-market purchase or discretionary sale.

Filing Facts

CIK

920760

Ticker

LEN

Form

4

Source Type

sec

Accession

0001193125-26-303510

Alert Tier

4