Lennar Corp: director Armando J Olivera received 24 shares

What happened Armando J Olivera, a director of Lennar Corp, received 24 shares as an award/grant on Oct 7, 2026, at $76.13 per share for a total value of $1,827. The filing describes these as deferred stock units (DSUs) issued in respect of a dividend with a record date of Oct 7, 2026; the DSUs will not convert into shares until the reporting person ceases to be a member of the board.

Key details

• Transaction date and price: Oct 7, 2026; 24 shares at $76.13 per share; total value $1,827.
• Transaction type/code: Award/grant (Code A) of deferred stock units issued due to the dividend on the issuer's common stock.
• Shares owned after the transaction: not stated in the filing.
• Relevant footnotes: F1 describes Director's Fee DSUs (fully vested) and Annual Grant DSUs (will vest with the related annual DSU grant) and notes fractional amounts were rounded down; F2 states $76.13 is the closing price per share as of the record date.
• Filing date/timeliness: filed Oct 8, 2026; the filing does not indicate it was late.

Why it may matter

• This was an award of deferred stock units tied to the dividend, not an open-market purchase or sale. Director's Fee DSUs are fully vested; Annual Grant DSUs vest later and none convert to shares until the director leaves the board.
  The filing does not show why the insider traded or why the company acted.