Lennar (LEN) Director Amy Banse Receives RSU Award (14 shares)

What Happened

• Amy Banse, a director of Lennar Corporation, was granted 14 restricted stock units (RSUs) on July 10, 2026. The filing shows an acquisition (code A) at an attributable price of $84.27 per share, for a total reported value of $1,180.

Key Details

• Transaction date: July 10, 2026; Form 4 filed July 14, 2026.
• Transaction type: Award/Grant (A) — 14 RSUs.
• Price/value: $84.27 per share (closing price on record date), total $1,180 (rounded).
• Vesting: These RSUs are dividend-equivalent awards that will vest at the same time as the related annual RSU grant (see footnote F1).
• Ownership: The shares from this grant are held in a trust for the benefit of the reporting person’s child; the reporting person is trustee (footnote F3).
• Fractional shares were rounded to the nearest whole share (footnote F1).
• Shares owned after the transaction are not disclosed in this Form 4.

Context

• These were dividend-equivalent RSUs issued under Lennar’s outside directors’ compensation program, not an open-market purchase or sale. Such awards are common compensation and vest later alongside annual RSU grants, so they do not represent an immediate buy/sell decision by the director.