Lennar

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-09-17 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: LENNAR CORP /NEW/ (LEN, LEN.B) CIK: 0000920760 --- Reporting Owner --- Name: BERKSHIRE HATHAWAY INC CIK: 0001067983 Role: 10%+ Owner --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2026-09-17 | Code: P (Open market purchase) Shares: +267,585 | Price: $78.41 Total Value: $20,981,339.85 Shares Owned After: 21,318,186 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F3] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $77.8000 to $78.7996 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F1] 23,719,109 of the total reported shares of the Class A Common Stock ("Class A Common Stock") of Lennar Corporation ("Lennar") are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): AZGUARD Insurance Company (3,098,000), BHG Life Insurance Company (3,625,000), Medical Protective Company (2,216,760), National Indemnity Company (12,366,349), NorGUARD Insurance Company (1,195,000) and WestGUARD Insurance Company (1,218,000). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #2] Security: Class A Common Stock Date: 2026-09-17 | Code: P (Open market purchase) Shares: +410,164 | Price: $79.41 Total Value: $32,571,123.24 Shares Owned After: 21,728,350 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F4] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $78.8000 to $79.7850 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F1] 23,719,109 of the total reported shares of the Class A Common Stock ("Class A Common Stock") of Lennar Corporation ("Lennar") are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): AZGUARD Insurance Company (3,098,000), BHG Life Insurance Company (3,625,000), Medical Protective Company (2,216,760), National Indemnity Company (12,366,349), NorGUARD Insurance Company (1,195,000) and WestGUARD Insurance Company (1,218,000). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #3] Security: Class A Common Stock Date: 2026-09-18 | Code: P (Open market purchase) Shares: +1,218,429 | Price: $76.39 Total Value: $93,075,791.31 Shares Owned After: 22,946,779 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F5] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $75.7200 to $76.7197 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F1] 23,719,109 of the total reported shares of the Class A Common Stock ("Class A Common Stock") of Lennar Corporation ("Lennar") are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): AZGUARD Insurance Company (3,098,000), BHG Life Insurance Company (3,625,000), Medical Protective Company (2,216,760), National Indemnity Company (12,366,349), NorGUARD Insurance Company (1,195,000) and WestGUARD Insurance Company (1,218,000). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #4] Security: Class A Common Stock Date: 2026-09-18 | Code: P (Open market purchase) Shares: +51,586 | Price: $77.06 Total Value: $3,975,217.16 Shares Owned After: 22,998,365 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F6] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $76.7200 to $77.7174 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F1] 23,719,109 of the total reported shares of the Class A Common Stock ("Class A Common Stock") of Lennar Corporation ("Lennar") are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): AZGUARD Insurance Company (3,098,000), BHG Life Insurance Company (3,625,000), Medical Protective Company (2,216,760), National Indemnity Company (12,366,349), NorGUARD Insurance Company (1,195,000) and WestGUARD Insurance Company (1,218,000). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #5] Security: Class A Common Stock Date: 2026-09-18 | Code: P (Open market purchase) Shares: +68,760 | Price: $78.09 Total Value: $5,369,468.40 Shares Owned After: 23,067,125 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F7] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $77.7723 to $78.7150 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F1] 23,719,109 of the total reported shares of the Class A Common Stock ("Class A Common Stock") of Lennar Corporation ("Lennar") are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): AZGUARD Insurance Company (3,098,000), BHG Life Insurance Company (3,625,000), Medical Protective Company (2,216,760), National Indemnity Company (12,366,349), NorGUARD Insurance Company (1,195,000) and WestGUARD Insurance Company (1,218,000). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #6] Security: Class A Common Stock Date: 2026-09-18 | Code: P (Open market purchase) Shares: +7,900 | Price: $78.88 Total Value: $623,152.00 Shares Owned After: 23,075,025 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F8] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $78.7205 to $79.1000 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F1] 23,719,109 of the total reported shares of the Class A Common Stock ("Class A Common Stock") of Lennar Corporation ("Lennar") are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): AZGUARD Insurance Company (3,098,000), BHG Life Insurance Company (3,625,000), Medical Protective Company (2,216,760), National Indemnity Company (12,366,349), NorGUARD Insurance Company (1,195,000) and WestGUARD Insurance Company (1,218,000). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #7] Security: Class A Common Stock Date: 2026-09-21 | Code: P (Open market purchase) Shares: +160,275 | Price: $77.23 Total Value: $12,378,038.25 Shares Owned After: 23,235,300 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F9] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $76.6028 to $77.6000 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F1] 23,719,109 of the total reported shares of the Class A Common Stock ("Class A Common Stock") of Lennar Corporation ("Lennar") are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): AZGUARD Insurance Company (3,098,000), BHG Life Insurance Company (3,625,000), Medical Protective Company (2,216,760), National Indemnity Company (12,366,349), NorGUARD Insurance Company (1,195,000) and WestGUARD Insurance Company (1,218,000). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #8] Security: Class A Common Stock Date: 2026-09-21 | Code: P (Open market purchase) Shares: +483,809 | Price: $77.97 Total Value: $37,722,587.73 Shares Owned After: 23,719,109 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F10] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $77.6075 to $78.3500 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F1] 23,719,109 of the total reported shares of the Class A Common Stock ("Class A Common Stock") of Lennar Corporation ("Lennar") are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): AZGUARD Insurance Company (3,098,000), BHG Life Insurance Company (3,625,000), Medical Protective Company (2,216,760), National Indemnity Company (12,366,349), NorGUARD Insurance Company (1,195,000) and WestGUARD Insurance Company (1,218,000). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #9] Security: Class B Common Stock Date: 2026-09-17 | Code: P (Open market purchase) Shares: +8,959 | Price: $76.96 Total Value: $689,484.64 Shares Owned After: 462,155 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F11] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $76.4450 to $77.4300 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F2] 528,217 of the total reported shares of the Class B Common Stock ("Class B Common Stock") of Lennar are owned by the following subsidiaries of Berkshire: AZGUARD Insurance Company (252,589) and National Indemnity Company (275,628). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Mr. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #10] Security: Class B Common Stock Date: 2026-09-17 | Code: P (Open market purchase) Shares: +8,306 | Price: $77.94 Total Value: $647,369.64 Shares Owned After: 470,461 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F12] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $77.4500 to $78.3300 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F2] 528,217 of the total reported shares of the Class B Common Stock ("Class B Common Stock") of Lennar are owned by the following subsidiaries of Berkshire: AZGUARD Insurance Company (252,589) and National Indemnity Company (275,628). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Mr. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #11] Security: Class B Common Stock Date: 2026-09-18 | Code: P (Open market purchase) Shares: +33,122 | Price: $74.80 Total Value: $2,477,525.60 Shares Owned After: 503,583 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F13] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $74.4900 to $75.4700 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F2] 528,217 of the total reported shares of the Class B Common Stock ("Class B Common Stock") of Lennar are owned by the following subsidiaries of Berkshire: AZGUARD Insurance Company (252,589) and National Indemnity Company (275,628). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Mr. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #12] Security: Class B Common Stock Date: 2026-09-18 | Code: P (Open market purchase) Shares: +390 | Price: $75.76 Total Value: $29,546.40 Shares Owned After: 503,973 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F14] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $75.6200 to $76.1600 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F2] 528,217 of the total reported shares of the Class B Common Stock ("Class B Common Stock") of Lennar are owned by the following subsidiaries of Berkshire: AZGUARD Insurance Company (252,589) and National Indemnity Company (275,628). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Mr. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #13] Security: Class B Common Stock Date: 2026-09-18 | Code: P (Open market purchase) Shares: +710 | Price: $76.98 Total Value: $54,655.80 Shares Owned After: 504,683 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F15] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $76.5950 to $77.3400 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F2] 528,217 of the total reported shares of the Class B Common Stock ("Class B Common Stock") of Lennar are owned by the following subsidiaries of Berkshire: AZGUARD Insurance Company (252,589) and National Indemnity Company (275,628). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Mr. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #14] Security: Class B Common Stock Date: 2026-09-18 | Code: P (Open market purchase) Shares: +500 | Price: $78.38 Total Value: $39,190.00 Shares Owned After: 505,183 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F16] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $78.2200 to $78.9400 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F2] 528,217 of the total reported shares of the Class B Common Stock ("Class B Common Stock") of Lennar are owned by the following subsidiaries of Berkshire: AZGUARD Insurance Company (252,589) and National Indemnity Company (275,628). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Mr. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #15] Security: Class B Common Stock Date: 2026-09-21 | Code: P (Open market purchase) Shares: +4,888 | Price: $75.76 Total Value: $370,314.88 Shares Owned After: 510,071 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F17] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $75.2400 to $76.2250 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F2] 528,217 of the total reported shares of the Class B Common Stock ("Class B Common Stock") of Lennar are owned by the following subsidiaries of Berkshire: AZGUARD Insurance Company (252,589) and National Indemnity Company (275,628). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Mr. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. [Transaction #16] Security: Class B Common Stock Date: 2026-09-21 | Code: P (Open market purchase) Shares: +18,146 | Price: $76.62 Total Value: $1,390,346.52 Shares Owned After: 528,217 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F18] The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $76.2650 to $77.0000 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. [F2] 528,217 of the total reported shares of the Class B Common Stock ("Class B Common Stock") of Lennar are owned by the following subsidiaries of Berkshire: AZGUARD Insurance Company (252,589) and National Indemnity Company (275,628). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Mr. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. --- Footnotes (Complete Index) --- F1: 23,719,109 of the total reported shares of the Class A Common Stock ("Class A Common Stock") of Lennar Corporation ("Lennar") are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): AZGUARD Insurance Company (3,098,000), BHG Life Insurance Company (3,625,000), Medical Protective Company (2,216,760), National Indemnity Company (12,366,349), NorGUARD Insurance Company (1,195,000) and WestGUARD Insurance Company (1,218,000). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. F10: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $77.6075 to $78.3500 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F11: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $76.4450 to $77.4300 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F12: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $77.4500 to $78.3300 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F13: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $74.4900 to $75.4700 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F14: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $75.6200 to $76.1600 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F15: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $76.5950 to $77.3400 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F16: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $78.2200 to $78.9400 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F17: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $75.2400 to $76.2250 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F18: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $76.2650 to $77.0000 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F2: 528,217 of the total reported shares of the Class B Common Stock ("Class B Common Stock") of Lennar are owned by the following subsidiaries of Berkshire: AZGUARD Insurance Company (252,589) and National Indemnity Company (275,628). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Mr. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. F3: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $77.8000 to $78.7996 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F4: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $78.8000 to $79.7850 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F5: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $75.7200 to $76.7197 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F6: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $76.7200 to $77.7174 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F7: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $77.7723 to $78.7150 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F8: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $78.7205 to $79.1000 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. F9: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $76.6028 to $77.6000 per share, inclusive. The reporting person undertakes to provide to Lennar, any security holder of Lennar, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. --- Signature --- /s/ /s/ Warren E. Buffett, on behalf of himself and each other reporting person hereunder (2026-09-21)