Lennar insider activity
What the executives and directors of Lennar actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
$595M
net open-market flow, 12 m
45 open-market buys, 12 m
–
of sale value on 10b5-1 plans, 12 m
34 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 130 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Oct 7, 2026 | OLIVERA ARMANDO J | 24 |
| Oct 7, 2026 | HUDSON SHERRILL W | 15 |
| Oct 7, 2026 | SONNENFELD JEFFREY | 21 |
| Oct 7, 2026 | McClure Teri P | 15 |
| Oct 7, 2026 | Gilliam Theron I | 15 |
| Oct 7, 2026 | Banse Amy | 15 |
| Oct 7, 2026 | Wolfe Serena | 15 |
| Oct 7, 2026 | Smith Dacona | 15 |
| Aug 31, 2026 | OLIVERA ARMANDO J | 535 |
| Aug 31, 2026 | SONNENFELD JEFFREY | 341 |
| Jul 10, 2026 | OLIVERA ARMANDO J | 19 |
| Jul 10, 2026 | HUDSON SHERRILL W | 14 |
| Jul 10, 2026 | SONNENFELD JEFFREY | 17 |
| Jul 10, 2026 | McClure Teri P | 14 |
| Jul 10, 2026 | Gilliam Theron I | 14 |
| Jul 10, 2026 | Banse Amy | 14 |
| Jul 10, 2026 | Wolfe Serena | 14 |
| Jul 10, 2026 | Smith Dacona | 14 |
| May 29, 2026 | OLIVERA ARMANDO J | 501 |
| May 29, 2026 | SONNENFELD JEFFREY | 320 |
| May 11, 2026 | MILLER STUART A | 2,000 |
| Apr 22, 2026 | OLIVERA ARMANDO J | 14 |
| Apr 22, 2026 | HUDSON SHERRILL W | 12 |
| Apr 22, 2026 | SONNENFELD JEFFREY | 13 |
| Apr 22, 2026 | McClure Teri P | 12 |
| Apr 22, 2026 | Gilliam Theron I | 12 |
| Apr 22, 2026 | Banse Amy | 12 |
| Apr 22, 2026 | Wolfe Serena | 12 |
| Apr 22, 2026 | Smith Dacona | 12 |
| Apr 8, 2026 | OLIVERA ARMANDO J | 2,312 |
| Apr 8, 2026 | HUDSON SHERRILL W | 2,313 |
| Apr 8, 2026 | SONNENFELD JEFFREY | 2,312 |
| Apr 8, 2026 | McClure Teri P | 2,313 |
| Apr 8, 2026 | Gilliam Theron I | 2,313 |
| Apr 8, 2026 | Banse Amy | 2,313 |
| Apr 8, 2026 | Wolfe Serena | 2,313 |
| Apr 8, 2026 | Smith Dacona | 2,313 |
| Mar 16, 2026 | MILLER STUART A | 60K |
| Mar 16, 2026 | BESSETTE DIANE J | 4,698 |
| Feb 27, 2026 | OLIVERA ARMANDO J | 393 |
| Feb 27, 2026 | SONNENFELD JEFFREY | 251 |
| Feb 14, 2026 | Collins David M | 3,011 |
| Feb 14, 2026 | Lee Martin Katherine | 3,955 |
| Jan 20, 2026 | MILLER STUART A | 256K |
| Jan 20, 2026 | BESSETTE DIANE J | 27K |
| Jan 20, 2026 | Collins David M | 8,687 |
| Jan 20, 2026 | Lee Martin Katherine | 8,683 |
| Nov 28, 2025 | McClure Teri P | 133 |
| Nov 28, 2025 | Banse Amy | 133 |
| Nov 28, 2025 | Wolfe Serena | 133 |
| Nov 28, 2025 | Smith Dacona | 133 |
| Nov 26, 2025 | MILLER STUART A | 7,750 |
| Oct 2, 2025 | Lee Martin Katherine | 3,019 |
| Sep 2, 2025 | Lee Martin Katherine | 38K |
| Aug 29, 2025 | McClure Teri P | 131 |
| Aug 29, 2025 | Banse Amy | 131 |
| Aug 29, 2025 | Wolfe Serena | 131 |
| Aug 29, 2025 | Smith Dacona | 131 |
| May 30, 2025 | McClure Teri P | 164 |
| May 30, 2025 | Banse Amy | 164 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 290K |
| Bought on market | 7.5M |
| Withheld for tax | 165K |
| Gifts | 9,750 |
| Other out | 20K |
| Kept | 7.6M |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| MILLER STUART A | 1.3M | 1.5M | 113.6 |
| BESSETTE DIANE J | 261K | 329K | 126.1 |
Who holds what
the 14 largest holdings of 18| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| MILLER STUART A Executive Chairman & Co-CEO Last trade Nov 5, 2014 | CEO | 23M | – | – | Nov 5, 2014 | |
| JAFFE JONATHAN M Co-CEO & President Last trade Oct 1, 2020 | CEO | 1.2M | – | – | Oct 1, 2020 | |
| BUFFETT WARREN E Last trade Oct 2, 2026 | 10% owner | 560K | $595M | – | net buying over the year: 2 months buying, 0 months selling | Oct 2, 2026 |
| BERKSHIRE HATHAWAY INC | 10% owner | 560K | – | – | – | |
| BESSETTE DIANE J Vice President/Treasurer Last trade Dec 26, 2023 | Officer | 338K | – | – | Dec 26, 2023 | |
| LAPIDUS SIDNEY Last trade Mar 30, 2015 | Director | 141K | – | – | Mar 30, 2015 | |
| McCall Jeffrey Joseph Executive Vice President Last trade May 15, 2024 | Officer | 119K | – | – | May 15, 2024 | |
| Lee Martin Katherine Chief Legal Officer/Secretary | Officer | 57K | – | – | – | |
| Collins David M VP & Controller Last trade Nov 14, 2023 | Officer | 51K | – | – | Nov 14, 2023 | |
| HUDSON SHERRILL W Last trade Apr 6, 2018 | Director | 38K | – | – | Apr 6, 2018 | |
| Gilliam Theron I Last trade Apr 6, 2018 | Director | 37K | – | – | Apr 6, 2018 | |
| McClure Teri P | Director | 32K | – | – | – | |
| SUSTANA MARK VP/General Counsel/Secretary Last trade May 20, 2024 | Officer | 29K | – | – | May 20, 2024 | |
| SONNENFELD JEFFREY Last trade Oct 28, 2024 | Director | 28K | – | – | Oct 28, 2024 |
Open-market trade log
the 60 most recent of 424| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Oct 2, 2026 | BUFFETT WARREN E (10% owner) 299 shares $79.74 −0.3% since trade filed Oct 5, 2026 | Open-market buy | 299 | $79.74 | $24K | −0.3% | Oct 5, 2026 |
| Oct 2, 2026 | BUFFETT WARREN E (10% owner) 2,290 shares $77.12 +3.1% since trade filed Oct 5, 2026 | Open-market buy | 2,290 | $77.12 | $177K | +3.1% | Oct 5, 2026 |
| Oct 2, 2026 | BUFFETT WARREN E (10% owner) 2,452 shares $77.93 +2.0% since trade filed Oct 5, 2026 | Open-market buy | 2,452 | $77.93 | $191K | +2.0% | Oct 5, 2026 |
| Oct 2, 2026 | BUFFETT WARREN E (10% owner) 5,135 shares $78.77 +0.9% since trade filed Oct 5, 2026 | Open-market buy | 5,135 | $78.77 | $404K | +0.9% | Oct 5, 2026 |
| Oct 2, 2026 | BUFFETT WARREN E (10% owner) 20K shares $81.90 −2.9% since trade filed Oct 5, 2026 | Open-market buy | 20K | $81.90 | $1.7M | −2.9% | Oct 5, 2026 |
| Oct 2, 2026 | BUFFETT WARREN E (10% owner) 44K shares $81.14 −2.0% since trade filed Oct 5, 2026 | Open-market buy | 44K | $81.14 | $3.6M | −2.0% | Oct 5, 2026 |
| Oct 2, 2026 | BUFFETT WARREN E (10% owner) 343K shares $79.03 +0.6% since trade filed Oct 5, 2026 | Open-market buy | 343K | $79.03 | $27M | +0.6% | Oct 5, 2026 |
| Oct 2, 2026 | BUFFETT WARREN E (10% owner) 448K shares $78.37 +1.5% since trade filed Oct 5, 2026 | Open-market buy | 448K | $78.37 | $35M | +1.5% | Oct 5, 2026 |
| Oct 2, 2026 | BUFFETT WARREN E (10% owner) 843K shares $80.04 −0.7% since trade filed Oct 5, 2026 | Open-market buy | 843K | $80.04 | $67M | −0.7% | Oct 5, 2026 |
| Oct 1, 2026 | BUFFETT WARREN E (10% owner) 100 shares $80.00 −0.6% since trade filed Oct 5, 2026 | Open-market buy | 100 | $80.00 | $8K | −0.6% | Oct 5, 2026 |
| Oct 1, 2026 | BUFFETT WARREN E (10% owner) 950 shares $79.51 +0.0% since trade filed Oct 5, 2026 | Open-market buy | 950 | $79.51 | $76K | +0.0% | Oct 5, 2026 |
| Oct 1, 2026 | BUFFETT WARREN E (10% owner) 3,802 shares $78.26 +1.6% since trade filed Oct 5, 2026 | Open-market buy | 3,802 | $78.26 | $298K | +1.6% | Oct 5, 2026 |
| Oct 1, 2026 | BUFFETT WARREN E (10% owner) 93K shares $80.57 −1.3% since trade filed Oct 5, 2026 | Open-market buy | 93K | $80.57 | $7.5M | −1.3% | Oct 5, 2026 |
| Oct 1, 2026 | BUFFETT WARREN E (10% owner) 187K shares $81.46 −2.4% since trade filed Oct 5, 2026 | Open-market buy | 187K | $81.46 | $15M | −2.4% | Oct 5, 2026 |
| Oct 1, 2026 | BUFFETT WARREN E (10% owner) 426K shares $79.49 +0.0% since trade filed Oct 5, 2026 | Open-market buy | 426K | $79.49 | $34M | +0.0% | Oct 5, 2026 |
| Sep 30, 2026 | BUFFETT WARREN E (10% owner) 4,008 shares $79.98 −0.6% since trade filed Sep 30, 2026 | Open-market buy | 4,008 | $79.98 | $321K | −0.6% | Sep 30, 2026 |
| Sep 30, 2026 | BUFFETT WARREN E (10% owner) 639K shares $81.59 −2.6% since trade filed Sep 30, 2026 | Open-market buy | 639K | $81.59 | $52M | −2.6% | Sep 30, 2026 |
| Sep 29, 2026 | BUFFETT WARREN E (10% owner) 100 shares $80.00 −0.6% since trade filed Sep 30, 2026 | Open-market buy | 100 | $80.00 | $8K | −0.6% | Sep 30, 2026 |
| Sep 29, 2026 | BUFFETT WARREN E (10% owner) 12K shares $81.95 −3.0% since trade filed Sep 30, 2026 | Open-market buy | 12K | $81.95 | $1.0M | −3.0% | Sep 30, 2026 |
| Sep 28, 2026 | BUFFETT WARREN E (10% owner) 5,200 shares $81.96 −3.0% since trade filed Sep 30, 2026 | Open-market buy | 5,200 | $81.96 | $426K | −3.0% | Sep 30, 2026 |
| Sep 25, 2026 | BUFFETT WARREN E (10% owner) 7,022 shares $79.53 −0.0% since trade filed Sep 25, 2026 | Open-market buy | 7,022 | $79.53 | $558K | −0.0% | Sep 25, 2026 |
| Sep 25, 2026 | BUFFETT WARREN E (10% owner) 172K shares $81.60 −2.6% since trade filed Sep 25, 2026 | Open-market buy | 172K | $81.60 | $14M | −2.6% | Sep 25, 2026 |
| Sep 25, 2026 | BUFFETT WARREN E (10% owner) 313K shares $80.90 −1.7% since trade filed Sep 25, 2026 | Open-market buy | 313K | $80.90 | $25M | −1.7% | Sep 25, 2026 |
| Sep 24, 2026 | BUFFETT WARREN E (10% owner) 2,975 shares $79.91 −0.5% since trade filed Sep 25, 2026 | Open-market buy | 2,975 | $79.91 | $238K | −0.5% | Sep 25, 2026 |
| Sep 24, 2026 | BUFFETT WARREN E (10% owner) 9,415 shares $79.42 +0.1% since trade filed Sep 25, 2026 | Open-market buy | 9,415 | $79.42 | $748K | +0.1% | Sep 25, 2026 |
| Sep 24, 2026 | BUFFETT WARREN E (10% owner) 242K shares $81.44 −2.4% since trade filed Sep 25, 2026 | Open-market buy | 242K | $81.44 | $20M | −2.4% | Sep 25, 2026 |
| Sep 24, 2026 | BUFFETT WARREN E (10% owner) 399K shares $80.58 −1.3% since trade filed Sep 25, 2026 | Open-market buy | 399K | $80.58 | $32M | −1.3% | Sep 25, 2026 |
| Sep 23, 2026 | BUFFETT WARREN E (10% owner) 1,263 shares $79.99 −0.6% since trade filed Sep 25, 2026 | Open-market buy | 1,263 | $79.99 | $101K | −0.6% | Sep 25, 2026 |
| Sep 23, 2026 | BUFFETT WARREN E (10% owner) 533K shares $81.65 −2.6% since trade filed Sep 25, 2026 | Open-market buy | 533K | $81.65 | $44M | −2.6% | Sep 25, 2026 |
| Sep 21, 2026 | BUFFETT WARREN E (10% owner) 4,888 shares $75.76 +5.0% since trade filed Sep 21, 2026 | Open-market buy | 4,888 | $75.76 | $370K | +5.0% | Sep 21, 2026 |
| Sep 21, 2026 | BUFFETT WARREN E (10% owner) 18K shares $76.62 +3.8% since trade filed Sep 21, 2026 | Open-market buy | 18K | $76.62 | $1.4M | +3.8% | Sep 21, 2026 |
| Sep 21, 2026 | BUFFETT WARREN E (10% owner) 160K shares $77.23 +3.0% since trade filed Sep 21, 2026 | Open-market buy | 160K | $77.23 | $12M | +3.0% | Sep 21, 2026 |
| Sep 21, 2026 | BUFFETT WARREN E (10% owner) 484K shares $77.97 +2.0% since trade filed Sep 21, 2026 | Open-market buy | 484K | $77.97 | $38M | +2.0% | Sep 21, 2026 |
| Sep 18, 2026 | BUFFETT WARREN E (10% owner) 390 shares $75.76 +5.0% since trade filed Sep 21, 2026 | Open-market buy | 390 | $75.76 | $30K | +5.0% | Sep 21, 2026 |
| Sep 18, 2026 | BUFFETT WARREN E (10% owner) 500 shares $78.38 +1.4% since trade filed Sep 21, 2026 | Open-market buy | 500 | $78.38 | $39K | +1.4% | Sep 21, 2026 |
| Sep 18, 2026 | BUFFETT WARREN E (10% owner) 710 shares $76.98 +3.3% since trade filed Sep 21, 2026 | Open-market buy | 710 | $76.98 | $55K | +3.3% | Sep 21, 2026 |
| Sep 18, 2026 | BUFFETT WARREN E (10% owner) 7,900 shares $78.88 +0.8% since trade filed Sep 21, 2026 | Open-market buy | 7,900 | $78.88 | $623K | +0.8% | Sep 21, 2026 |
| Sep 18, 2026 | BUFFETT WARREN E (10% owner) 33K shares $74.80 +6.3% since trade filed Sep 21, 2026 | Open-market buy | 33K | $74.80 | $2.5M | +6.3% | Sep 21, 2026 |
| Sep 18, 2026 | BUFFETT WARREN E (10% owner) 52K shares $77.06 +3.2% since trade filed Sep 21, 2026 | Open-market buy | 52K | $77.06 | $4.0M | +3.2% | Sep 21, 2026 |
| Sep 18, 2026 | BUFFETT WARREN E (10% owner) 69K shares $78.09 +1.8% since trade filed Sep 21, 2026 | Open-market buy | 69K | $78.09 | $5.4M | +1.8% | Sep 21, 2026 |
| Sep 18, 2026 | BUFFETT WARREN E (10% owner) 1.2M shares $76.39 +4.1% since trade filed Sep 21, 2026 | Open-market buy | 1.2M | $76.39 | $93M | +4.1% | Sep 21, 2026 |
| Sep 17, 2026 | BUFFETT WARREN E (10% owner) 8,306 shares $77.94 +2.0% since trade filed Sep 21, 2026 | Open-market buy | 8,306 | $77.94 | $647K | +2.0% | Sep 21, 2026 |
| Sep 17, 2026 | BUFFETT WARREN E (10% owner) 8,959 shares $76.96 +3.3% since trade filed Sep 21, 2026 | Open-market buy | 8,959 | $76.96 | $689K | +3.3% | Sep 21, 2026 |
| Sep 17, 2026 | BUFFETT WARREN E (10% owner) 268K shares $78.41 +1.4% since trade filed Sep 21, 2026 | Open-market buy | 268K | $78.41 | $21M | +1.4% | Sep 21, 2026 |
| Sep 17, 2026 | BUFFETT WARREN E (10% owner) 410K shares $79.41 +0.1% since trade filed Sep 21, 2026 | Open-market buy | 410K | $79.41 | $33M | +0.1% | Sep 21, 2026 |
| Oct 28, 2024 | SONNENFELD JEFFREY (Director) 18K shares $175.13 −54.6% since trade filed Oct 29, 2024 | Discretionary sale | 18K | $175.13 | $3.1M | −54.6% | Oct 29, 2024 |
| May 20, 2024 | SUSTANA MARK (Officer) 9,176 shares $164.88 −51.8% since trade filed May 22, 2024 | Discretionary sale | 9,176 | $164.88 | $1.5M | −51.8% | May 22, 2024 |
| May 15, 2024 | McCall Jeffrey Joseph (Officer) 10K shares $170.11 −53.3% since trade filed May 16, 2024 | Planned sale (10b5-1) | 10K | $170.11 | $1.7M | −53.3% | May 16, 2024 |
| May 10, 2024 | McCall Jeffrey Joseph (Officer) 10K shares $162.70 −51.1% since trade filed May 14, 2024 | Planned sale (10b5-1) | 10K | $162.70 | $1.6M | −51.1% | May 14, 2024 |
| Apr 10, 2024 | Banse Amy (Director) 1,575 shares $157.00 −49.4% since trade filed Apr 11, 2024 | Open-market buy | 1,575 | $157.00 | $247K | −49.4% | Apr 11, 2024 |
| Dec 26, 2023 | BESSETTE DIANE J (CFO) 10K shares $147.73 −46.2% since trade filed Dec 28, 2023 | Discretionary sale | 10K | $147.73 | $1.5M | −46.2% | Dec 28, 2023 |
| Dec 21, 2023 | SUSTANA MARK (Officer) 37K shares $146.38 −45.7% since trade filed Dec 22, 2023 | Discretionary sale | 37K | $146.38 | $5.5M | −45.7% | Dec 22, 2023 |
| Nov 14, 2023 | Collins David M (Officer) 10K shares $130.00 −38.8% since trade filed Nov 15, 2023 | Discretionary sale | 10K | $130.00 | $1.3M | −38.8% | Nov 15, 2023 |
| Oct 23, 2023 | McCall Jeffrey Joseph (Officer) 1,157 shares $105.01 −24.3% since trade filed Oct 24, 2023 | Planned sale (10b5-1) | 1,157 | $105.01 | $121K | −24.3% | Oct 24, 2023 |
| Oct 20, 2023 | McCall Jeffrey Joseph (Officer) 8,843 shares $105.10 −24.4% since trade filed Oct 24, 2023 | Planned sale (10b5-1) | 8,843 | $105.10 | $929K | −24.4% | Oct 24, 2023 |
| Oct 13, 2023 | Banse Amy (Director) 920 shares $108.71 −26.9% since trade filed Oct 16, 2023 | Open-market buy | 920 | $108.71 | $100K | −26.9% | Oct 16, 2023 |
| Aug 17, 2023 | Banse Amy (Director) 859 shares $117.65 −32.4% since trade filed Aug 21, 2023 | Open-market buy | 859 | $117.65 | $101K | −32.4% | Aug 21, 2023 |
| Aug 15, 2023 | Banse Amy (Director) 820 shares $123.06 −35.4% since trade filed Aug 16, 2023 | Open-market buy | 820 | $123.06 | $101K | −35.4% | Aug 16, 2023 |
| Jul 21, 2023 | Banse Amy (Director) 790 shares $126.42 −37.1% since trade filed Jul 24, 2023 | Open-market buy | 790 | $126.42 | $100K | −37.1% | Jul 24, 2023 |
| Jul 20, 2023 | McCall Jeffrey Joseph (Officer) 10K shares $126.48 −37.1% since trade filed Jul 21, 2023 | Planned sale (10b5-1) | 10K | $126.48 | $1.3M | −37.1% | Jul 21, 2023 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
146 Forms 4, 3 years
0 filed late
0 amendments
1.7 avg. days to file
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.