David M. Collins - Feb 14, 2025 Form 4 Insider Report for LENNAR CORP /NEW/ (LEN, LEN.B)

Signature
/s/ Mark Sustana as attorney-in-fact for David M. Collins
Stock symbol
LEN, LEN.B
Transactions as of
Feb 14, 2025
Transactions value $
-$408,177
Form type
4
Date filed
2/19/2025, 05:48 PM
Previous filing
Jan 17, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEN, LEN.B Class A Common Stock Tax liability -$154K -1.24K -2.63% $123.84 46K Feb 14, 2025 Direct F1
transaction LEN, LEN.B Class A Common Stock Tax liability -$151K -1.22K -2.65% $123.84 44.8K Feb 14, 2025 Direct F2
transaction LEN, LEN.B Class A Common Stock Tax liability -$103K -835 -1.86% $123.84 43.9K Feb 14, 2025 Direct F3
holding LEN, LEN.B Class B Common Stock 3.54K Feb 14, 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on February 28, 2022.
F2 Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on February 28, 2023.
F3 Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on January 8, 2024.