Lennar

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-05-11 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: LENNAR CORP /NEW/ (LEN, LEN.B) CIK: 0000920760 --- Reporting Owner --- Name: MILLER STUART A CIK: 0001049444 Role: Director, Officer (Exec. Chairman, CEO, President), 10%+ Owner --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2026-05-11 | Code: G (Gift) Shares: -2,000 | Price: $0.00 Shares Owned After: 1,465,966 | Ownership: D (Direct) Footnotes: [F1] Includes 318,104 shares previously held through GRAT 3, which were distributed to the reporting person on May 13, 2026 and are now owned directly. --- Holdings --- [Holding #1] Security: Class B Common Stock Ownership: D (Direct) [Holding #2] Security: Class A Common Stock Ownership: I (Indirect) Footnotes: [F2] These shares are held by a Grantor Retained Annuity Trust ("GRAT 2") of which Mr. Miller is the sole beneficiary and sole annuitant, as well as the trustee. Mr. Miller continues to report beneficial ownership of all of the Lennar Class A common stock held by GRAT 2 but disclaims beneficial ownership except to the extent of his pecuniary interest therein. [Holding #3] Security: Class A Common Stock Ownership: I (Indirect) Footnotes: [F3] These shares are held by a Grantor Retained Annuity Trust ("GRAT 3") of which Mr. Miller is the sole annuitant, as well as the trustee. Mr. Miller continues to report beneficial ownership of all of the Lennar Class A common stock held by GRAT 3 but disclaims beneficial ownership except to the extent of his pecuniary interest therein. [Holding #4] Security: Class A Common Stock Ownership: I (Indirect) Footnotes: [F4] Mr. Miller has sole voting and investment power with respect to these shares, even though he has only limited pecuniary interest in these shares. Mr. Miller disclaims beneficial ownership of these shares except to the extent of such pecuniary interest. [Holding #5] Security: Class A Common Stock Ownership: I (Indirect) Footnotes: [F5] Represents the number of shares indirectly held by the Reporting Person, as reflected in the Reporting Person's Employee Stock Ownership Plan ("ESOP") account on April 30, 2026. [Holding #6] Security: Class B Common Stock Ownership: I (Indirect) Footnotes: [F5] Represents the number of shares indirectly held by the Reporting Person, as reflected in the Reporting Person's Employee Stock Ownership Plan ("ESOP") account on April 30, 2026. [Holding #7] Security: Class B Common Stock Ownership: I (Indirect) Footnotes: [F4] Mr. Miller has sole voting and investment power with respect to these shares, even though he has only limited pecuniary interest in these shares. Mr. Miller disclaims beneficial ownership of these shares except to the extent of such pecuniary interest. --- Footnotes (Complete Index) --- F1: Includes 318,104 shares previously held through GRAT 3, which were distributed to the reporting person on May 13, 2026 and are now owned directly. F2: These shares are held by a Grantor Retained Annuity Trust ("GRAT 2") of which Mr. Miller is the sole beneficiary and sole annuitant, as well as the trustee. Mr. Miller continues to report beneficial ownership of all of the Lennar Class A common stock held by GRAT 2 but disclaims beneficial ownership except to the extent of his pecuniary interest therein. F3: These shares are held by a Grantor Retained Annuity Trust ("GRAT 3") of which Mr. Miller is the sole annuitant, as well as the trustee. Mr. Miller continues to report beneficial ownership of all of the Lennar Class A common stock held by GRAT 3 but disclaims beneficial ownership except to the extent of his pecuniary interest therein. F4: Mr. Miller has sole voting and investment power with respect to these shares, even though he has only limited pecuniary interest in these shares. Mr. Miller disclaims beneficial ownership of these shares except to the extent of such pecuniary interest. F5: Represents the number of shares indirectly held by the Reporting Person, as reflected in the Reporting Person's Employee Stock Ownership Plan ("ESOP") account on April 30, 2026. --- Signature --- /s/ /s/ Mark Liberman as attorney-in-fact for Stuart A. Miller (2026-05-13)