LEN · NYSE

Lennar

Homebuilding · Miami, Florida · founded 1954

Board members
9
CEO
Stuart A. Miller
Insider buys, 12 mo
$402.7M
Insider sales, 12 mo
$0

Board of directors (9)

Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.

Stuart A. Miller
Exec. Chairman, CEO, Presidentsince Jun 2016
Jeffrey Sonnenfeld
Directorsince Apr 2016
Theron I. Gilliam
Directorsince Apr 2016
Sherrill W. Hudson
Directorsince Apr 2016
Armando J. Olivera
Directorsince Apr 2016
Teri P. McClure
Directorsince Apr 2016
Amy Banse
Directorsince Feb 2021+1 S&P board
Serena Wolfe
Directorsince Sep 2023
Dacona Smith
Directorsince Sep 2023

Executive officers (6)

Stuart A. Miller
Exec. Chairman, CEO, Presidentsince Jun 2016
Diane J. Bessette
VP & Chief Financial Officersince Jun 2016
David M. Collins
VP & Controllersince Jun 2016
Martin Katherine Lee
Chief Legal Officer/Secretarysince Sep 2025
James Buchanan Parker, Jr.
Area Presidentsince May 2026
James David Grove
Area Presidentsince May 2026

Company facts

Chair
Stuart A. Miller
In S&P 500 since
Oct 2005
Incorporated in
DE
Fiscal year ends
November
SEC industry
General Bldg Contractors - Residential Bldgs
SEC filings
EDGAR

Connections to other S&P 500 companies

Current directors and officers who also hold a role at another S&P 500 company.

Major holders (5% or more)

Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.

No 5% holder filings parsed yet for this company.

Insider trades

Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.

Buys, 12 mo
$402.7M
30 trades · 2 insiders
Sales, 12 mo
$0
0 trades · 0 insiders
Net, 12 mo
$402.7M
Data through
Sep 30, 2026
latest trade shown
DateInsiderTypeSharesPriceValue
Sep 30, 2026Warren E. BuffettBuy638,813$81.59$52.1M
Sep 30, 2026Warren E. BuffettBuy4,008$79.98$321K
Sep 29, 2026Warren E. BuffettBuy100$80.00$8K
Sep 29, 2026Warren E. BuffettBuy12,289$81.95$1.0M
Sep 28, 2026Warren E. BuffettBuy5,200$81.96$426K
Sep 25, 2026Warren E. BuffettBuy313,379$80.90$25.4M
Sep 25, 2026Warren E. BuffettBuy7,022$79.53$558K
Sep 25, 2026Warren E. BuffettBuy171,723$81.60$14.0M
Sep 24, 2026Warren E. BuffettBuy241,692$81.44$19.7M
Sep 24, 2026Warren E. BuffettBuy399,238$80.58$32.2M
Sep 24, 2026Warren E. BuffettBuy9,415$79.42$748K
Sep 24, 2026Warren E. BuffettBuy2,975$79.91$238K
Sep 23, 2026Warren E. BuffettBuy532,993$81.65$43.5M
Sep 23, 2026Warren E. BuffettBuy1,263$79.99$101K
Sep 21, 2026Berkshire Hathaway IncBuy160,275$77.23$12.4M
Sep 21, 2026Berkshire Hathaway IncBuy483,809$77.97$37.7M
Sep 21, 2026Berkshire Hathaway IncBuy18,146$76.62$1.4M
Sep 21, 2026Berkshire Hathaway IncBuy4,888$75.76$370K
Sep 18, 2026Berkshire Hathaway IncBuy1,218,429$76.39$93.1M
Sep 18, 2026Berkshire Hathaway IncBuy500$78.38$39K
Sep 18, 2026Berkshire Hathaway IncBuy68,760$78.09$5.4M
Sep 18, 2026Berkshire Hathaway IncBuy7,900$78.88$623K
Sep 18, 2026Berkshire Hathaway IncBuy33,122$74.80$2.5M
Sep 18, 2026Berkshire Hathaway IncBuy390$75.76$30K
Sep 18, 2026Berkshire Hathaway IncBuy710$76.98$55K

Board and executive changes

Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.

  1. Jun 8, 2026

    On June 5, 2026, Lennar Corporation (the “Company”) appointed Jim Parker as the Company’s Chief Operating Officer, effective as of June 5, 2026 (the “Effective Date”). Mr. Parker, 56, has more than three decades of experience in the industry. He most recently served as Area President of the Company, leading the Company's East operations, since December 2025, and prior to that he served as Regional President from May 2019 to December 2025. Previously, Mr. Parker served as Regional President of CalAtlantic Homes from October 2015 until its merger with the Company in 2018, as Area President at Ryland Homes from September 2013 to October 2015 and as Atlanta Division President at Ryland Homes from September 2012 to September 2013. His earlier career includes various leadership roles at John Wieland Homes, KB Home, and Beazer Homes. Mr.

    Read the 8-K filing
  2. Nov 14, 2025

    On November 12, 2025, Jonathan M. Jaffe, who joined Lennar Corporation (the “Company”) in 1983 and who has served as Co-Chief Executive Officer and President of the Company since September 2023, notified the Board of Directors (the “Board”) of the Company of his decision to retire as Co-Chief Executive Officer and President of the Company and accordingly, to resign as a director of the Board of the Company, in each case, effective as of December 31, 2025. The Company does not intend to seek a replacement for Mr. Jaffe’s position at this time. In connection with Mr. Jaffe’s resignation as a director on the Board, the Board intends to reduce its size from ten members to nine members, effective as of December 31, 2025.

    Read the 8-K filing
  3. Aug 4, 2025

    On July 30, 2025, Fred Rothman, the Chief Operating Officer of Lennar Corporation (the “Company”), notified the Company of his decision to retire effective September 2, 2025. Mr. Rothman joined the Company in 2006 and has served as the Company’s Chief Operating Officer since January 2019. Additionally, on August 1, 2025, Mark Sustana, the Vice President, General Counsel and Secretary of the Company, notified the Company of his decision to retire effective September 2, 2025. Mr. Sustana has served as Vice President since April 2018 and as the Company’s Secretary and General Counsel since March 2005. In connection with Mr. Sustana’s retirement, on August 1, 2025, the Company and Mr. Sustana entered into a Consulting Agreement (the “Consulting Agreement”). The Consulting Agreement shall be for an initial two year term beginning on September 3, 2025 (the “Term”).

    Read the 8-K filing
  4. Jan 15, 2025

    On January 13, 2025, Sidney Lapidus, a member of the Board of Directors (the “Board”) of Lennar Corporation (the “Company”), notified the Board of his decision not to stand for re-election to the Board at the Company’s 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”). Mr. Lapidus currently serves as the Chair of the Independent Directors Transactions Committee of the Board. Mr. Lapidus’ current term on the Board is set to expire at the 2025 Annual Meeting, and he will continue to serve on the Board and as Chair of the Independent Directors Transactions Committee until that time. The Company previously appointed Armando Olivera as Lead Director, effective as of the conclusion of the Company’s 2024 Annual Meeting on April 10, 2024. Mr.

    Read the 8-K filing
  5. Jun 24, 2024

    Effective as of June 20, 2024 (the “Effective Date”), Jeff McCall, who has served as the Executive Vice President of Lennar Corporation (the “Company”) since January 2020, will transition to a non-executive role. Mr. McCall, formerly Chief Financial Officer of CalAtlantic Group, Inc (“CalAtlantic”), joined the Company in 2018 following the acquisition by the Company of CalAtlantic. While at Lennar, Mr. McCall was instrumental in the improvement of the Company’s information technology systems. He has also served as Chief Operating Officer of Quarterra Group, Inc., a wholly owned subsidiary of the Company through which the Company operates its Multifamily business. While responsible for Quarterra operations, Mr.

    Read the 8-K filing
  6. Sep 20, 2023

    On September 20, 2023, Lennar Corporation (the “Company”) announced that the Board of Directors (the “Board”) of the Company, upon the recommendation of the Board’s Nominating and Corporate Governance Committee, had elected Dacona Smith to serve as a director, effective September 22, 2023, for a term of office expiring at the Company’s 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”), at which time his continued Board service will be subject to stockholder approval. In connection with Mr. Smith’s election, the Board approved a resolution to increase the number of Board members from ten to 11. Mr. Smith has not been assigned to any committees of the Board. Mr. Smith retired from Walmart Inc. (“Walmart”) earlier this year after a career there spanning over 30 years. Mr.

    Read the 8-K filing
  7. Aug 3, 2023

    On August 3, 2023, Lennar Corporation (the “Company”) announced that the Board of Directors (the “Board”) of the Company, upon the recommendation of the Board’s Nominating and Corporate Governance Committee, had elected Serena Wolfe to serve as a director, effective September 2, 2023, for a term of office expiring at the Company’s 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”), at which time her continued Board service will be subject to stockholder approval. Ms. Wolfe has not been assigned to any committees of the Board. Ms. Wolfe has served as Chief Financial Officer of Annaly Capital Management, a leading diversified capital manager with investment strategies across mortgage finance, since December 2019. Prior to joining Annaly in 2019, Ms. Wolfe had served as a Partner at Ernst & Young (“E&Y”) since 2011. Ms.

    Read the 8-K filing
  8. Jul 14, 2023

    On July 14, 2023, Lennar Corporation (the “Company”) announced that Rick Beckwitt, who joined the Company in 2006 and who has served as a Co-Chief Executive Officer and Co-President of the Company since November 2020, has decided to retire as a Co-Chief Executive Officer and Co-President and resign as a member of the Board of Directors of the Company, effective September 1, 2023. The Company has appointed Stuart Miller as a Co-Chief Executive Officer of the Company to succeed Mr. Beckwitt, effective September 1, 2023, contingent upon the execution and effectiveness of the Beckwitt Separation Agreement (as defined below). Mr. Miller will continue to serve as the Company’s Executive Chairman concurrently with his appointment as a Co-Chief Executive Officer.

    Read the 8-K filing
  9. Mar 6, 2023

    (e) In a continued effort to be responsive to the feedback we received from extensive outreach to our shareholders in 2022, management consulted with an independent compensation advisor to obtain additional input on how we could continue to improve on the progress we made in 2022 in aligning our executive compensation programs with shareholder interests. Based on this continued engagement, feedback, and extensive internal management discussions, on February 28, 2023, the Compensation Committee (the “Committee”) of the Board of Directors of Lennar Corporation (the “Company”) approved additional changes noted below to the fiscal 2023 executive compensation programs for each of Stuart Miller, the Company’s Executive Chairman, Rick Beckwitt, the Company’s Co-Chief Executive Officer and Co-President, and Jonathan Jaffe, the Company’s Co-Chief Executive Officer and Co-President.

    Read the 8-K filing
  10. Nov 21, 2022

    Throughout 2022, we received feedback from extensive outreach to our shareholders to obtain their suggestions for changes to our executive compensation programs. We also consulted with an independent compensation advisor to obtain additional input. Based on this feedback, on November 17, 2022, the Compensation Committee (the “Committee”) of the Board of Directors of Lennar Corporation (the “Company”) approved the significant changes noted below to the fiscal 2022 executive compensation programs for each of Stuart Miller, the Company’s Executive Chairman, Rick Beckwitt, the Company’s Co-Chief Executive Officer and Co-President, and Jonathan Jaffe, the Company’s Co-Chief Executive Officer and Co-President. SUMMARY The Company expects to deliver record earnings in fiscal 2022. Notwithstanding these results, the Committee has established new 2022 compensation programs for Messrs.

    Read the 8-K filing
  11. Apr 14, 2022

    (e) On April 12, 2022, Lennar Corporation (the “Company”) held its 2022 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders approved the amendment and restatement of the Lennar Corporation 2016 Equity Incentive Plan (as so amended and restated, the “Amended Equity Plan”). A description of the material terms of the Amended Equity Plan is set forth in the Company’s Definitive Proxy Statement for the Annual Meeting filed with the Securities and Exchange Commission (the “Commission”) on March 1, 2022 (the “Proxy Statement”), as well as the supplement to the Proxy Statement filed with the Commission on March 16, 2022, and is incorporated by reference herein.

    Read the 8-K filing
  12. Apr 6, 2022

    (e) The Compensation Committee (the “Committee”) of the Board of Directors of Lennar Corporation (the “Company”) is committed to establishing executive compensation programs that are aligned with creating short term and long term shareholder value. For 2022, the Committee approved a new component to be included in these programs. The Company’s named executive officers, as well as all other senior management team members, have elected to have a certain percentage of their pretax cash bonuses reduced prior to payment to establish a bonus pool that will provide additional compensation to Lennar associates at the lower end of the Company’s compensation levels. The Company believes this will achieve a more inclusively distributed compensation program throughout the organization.

    Read the 8-K filing
  13. Mar 4, 2022

    (e) On February 28, 2022, the Compensation Committee (the “Committee”) of the Board of Directors of Lennar Corporation (the “Company”) approved 2022 award agreements under the Company’s 2016 Incentive Compensation Plan, as amended, relating to incentive compensation for Stuart Miller, the Company’s Executive Chairman, Rick Beckwitt, the Company’s Co-Chief Executive Officer and Co-President, and a Director, Jonathan Jaffe, the Company’s Co-Chief Executive Officer and Co-President, and a Director, Diane Bessette, the Company’s Vice President, Chief Financial Officer and Treasurer, Jeff McCall, the Company’s Executive Vice President, and Mark Sustana, the Company’s Vice President, General Counsel and Secretary. The award agreements describe cash bonus opportunities based on the achievement of specified performance goals. Copies of the award agreements are filed as Exhibit 10.1 hereto.

    Read the 8-K filing
  14. Mar 3, 2021

    (e) On February 26, 2021, the Compensation Committee (the “Committee”) of the Board of Directors of Lennar Corporation (the “Company”) approved 2021 award agreements under the Company’s 2016 Incentive Compensation Plan relating to incentive compensation for Stuart Miller, the Company’s Executive Chairman, Rick Beckwitt, the Company’s Co-Chief Executive Officer and Co-President, and a Director, Jonathan Jaffe, the Company’s Co-Chief Executive Officer and Co-President, and a Director, Diane Bessette, the Company’s Vice President, Chief Financial Officer and Treasurer, Jeff McCall, the Company’s Executive Vice President, and Mark Sustana, the Company’s Vice President, General Counsel and Secretary. The award agreements describe cash bonus opportunities based on the achievement of specified performance goals. Copies of the award agreements are filed as Exhibit 10.1 hereto.

    Read the 8-K filing
  15. Feb 24, 2021

    (d) Election of Directors On February 18, 2021, the Board of Directors of Lennar Corporation (the “Company”), upon the recommendation of the Board’s Nominating and Corporate Governance Committee, elected Amy Banse to serve as a director for a term of office expiring at the Company’s 2021 Annual Meeting of Stockholders, at which time her continued Board service will be subject to stockholder approval. Ms. Banse has not been assigned to any committees of the Board. Ms. Banse has served as senior adviser to the executive committee of Comcast Corporation, a global media and technology company (including Comcast Ventures, LLC, its venture capital arm), since September 2020. She previously served as executive vice president, Comcast Corporation, from January 2020 to September 2020 and as managing director and head of funds at Comcast Ventures LLC from August 2011 to September 2020.

    Read the 8-K filing
Show 12 older changes
  1. Nov 6, 2020

    (b) On November 2, 2020, Irving Bolotin and Scott Stowell, both members of the Board of Directors (the “Board”) of Lennar Corporation (the “Company”), each notified the Board that he does not plan to stand for re-election at the Company’s 2021 Annual Meeting of Stockholders. Mr. Bolotin and Mr. Stowell have been valuable members of the Company’s Board. Each of Mr. Bolotin’s and Mr. Stowell’s decision reflects the continuing focus of the Board on inclusion and diversity and the need for vacancies as a part of that focus. Their decisions were not the result of any disagreement with the Company. (c) On November 2, 2020, the Board elected Rick Beckwitt and Jon Jaffe to new executive positions with the Company. Mr. Beckwitt, 61, who had been the Chief Executive Officer of the Company, and Mr.

    Read the 8-K filing
  2. Mar 3, 2020

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  3. Jun 28, 2019

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  4. Jan 11, 2019

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  5. Jun 29, 2018

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  6. Apr 16, 2018

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  7. Apr 12, 2018

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  8. Feb 16, 2018

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  9. Feb 13, 2018

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  10. Jan 18, 2018

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  11. Jan 26, 2017

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  12. Dec 2, 2016

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing

Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021

Share price

$88.74+121% since 2016 board/officer change filed
40.1510817520172019202120232025

Annual financials

From the company's 10-K XBRL data (SEC companyfacts).

Fiscal yearRevenueNet incomeMarginDiluted EPSTotal assets
FY2025$34.2B$2.1B6.1%—$34.4B
FY2024$35.4B$3.9B11.1%$14.31$41.3B
FY2023$34.2B$3.9B11.5%$13.73$39.2B
FY2022$33.7B$4.6B13.7%$15.72$38.0B
FY2021$27.1B$4.4B16.3%$14.27$33.2B
FY2020$22.5B$2.5B11.0%$7.85$29.9B
FY2019$22.3B$1.8B8.3%$5.74$29.4B
FY2018$20.6B$1.7B8.2%$5.44$28.6B

Former directors and officers (11)

People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.

Show the list
Warren E. Buffett
10% ownerSep 2026 – Sep 2026
Jonathan M. Jaffe
Co-CEO & President2016 or earlier – Mar 2025
Mark Sustana
VP/General Counsel/SecretaryJun 2016 – Jan 2025
Jeffrey Joseph McCall
Executive Vice PresidentFeb 2018 – May 2024
Sidney Lapidus
Director2016 or earlier – Apr 2024
Richard Beckwitt
Co-CEO & Co-PresidentJun 2016 – Mar 2023
Steven L. Gerard
Director2016 or earlier – Mar 2022
Irving Bolotin
Director2016 or earlier – Mar 2021
Scott D. Stowell
DirectorFeb 2018 – Mar 2021
Donna E. Shalala
DirectorJan 2017 – Mar 2018
Bruce E. Gross
Vice President/CFOJun 2016 – Jan 2018