Form 4: Lennar Corp Executive Chairman Stuart Miller Reports Stock Disposal

Stuart Miller, Executive Chairman & Co-CEO of Lennar Corp, reported the disposal of 8,500 shares of Class A Common Stock on February 12, 2025.

Summary

• Stuart Miller, Executive Chairman & Co-CEO of Lennar Corp, filed a Form 4 detailing changes in beneficial ownership.
• On February 12, 2025, Mr. Miller disposed of 8,500 shares of Class A Common Stock at $0 price.
• Following the transaction, Mr. Miller directly owns 1,578,087 shares of Class A Common Stock and 121,323 shares of Class B Common Stock.
• He also indirectly owns shares through various trusts, including GRAT 1 (6,600 shares), GRAT 2 (200,000 shares), a family trust (21,619,137 shares of Class B), and an ESOP trust (14,476 shares of Class A and 2,554 shares of Class B).
• Mr. Miller disclaims beneficial ownership of shares held by the GRATs and family trust except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in insider ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stuart Miller, Lennar Corp, LEN, LEN.B, Executive Chairman, Stock Disposal, Common Stock, Securities