LENNAR CORP /NEW/ 4
0001193125-26-380561
View on SEC EDGARDirector Armando J. Olivera received 535 deferred stock units of Lennar Corp. Class A Common Stock as a fully vested equity retainer in lieu of cash.
On August 31, 2026, director Armando J. Olivera received an award of 535 shares of Lennar Corp. Class A Common Stock in the form of deferred stock units issued in lieu of his quarterly cash retainer for board service, at a reference price of approximately $84.11 per share, implying a grant value of about $45,000. These DSUs are fully vested upon grant but will not convert into deliverable Class A shares until he ceases to serve on the Board of Directors. Following this award, Olivera directly beneficially owns 23,347 Class A shares (including the DSUs), and continues to hold 142 shares of Class B Common Stock, bringing his post-transaction Class A position to an estimated value of roughly $2.0 million based on the current market price.
Filing Facts
- CIK
- 920760
- Ticker
- LEN
- Form
- 4
- Source Type
- sec
- Accession
- 0001193125-26-380561
- Alert Tier
- 5