Insider trade

10% owner purchased ~$93.1M of LEN shares in the open market

Traded Sep 18, 2026 · Filed Sep 22, 2026

~$93.1M
Reported value · 1.22M sh @ $76.39: 22.9M
Holds after · shares reported: +7.4%
stock since the trade · S&P 500 +0.3%, $76.43 → $82.11 on Oct 1

Why it stands out

A big owner of Lennar spent $93.1M of their very own money to buy Lennar shares. Their pile of Lennar shares grew by 6%.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Sep 18, 2026
Reporting period: Not applicable
Filed with the SEC: Sep 22, 2026

10% ownerIndirect holding$1M+Holdings +6%Largest by this insider

Context

Classification

open market purchase

Code P — open-market or private purchase

Absolute commitment

~$93,075,791

Shares × reported transaction price

Size band

$1M+

Ownership change

+5.6%

Purchase shares ÷ estimated pre-transaction holdings, from the filing

Rarity

First purchase in 0 months

Confirmed open-market purchases by the same insider in the available history

Largest by this insider

Yes

Compared with 4 earlier confirmed purchases

Cluster activity

No other insider purchases within 30 days

Distinct insiders at the same issuer with confirmed open-market purchases

Timing vs results

2 days after results of Sep 16, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $76.43 on Sep 18, 2026, at its 52-week low, after a 10% drop over the previous 30 trading days

52-week range $76.43 (Sep 18, 2026) to $133.13 (Dec 3, 2025), 0% of the way up, from 251 adjusted closes. 30 trading days earlier: $84.82 on Aug 6, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-0.1%	-1.2%	+1.1%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-26-397059
Filed / recorded: Sep 22, 2026, 1:31 AM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: LENNAR CORP /NEW/
Issuer CIK: 920760
Ticker: LEN, LEN.B
Reporting person: BERKSHIRE HATHAWAY INC
Relationship: 10% owner
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Sep 18, 2026
Transaction code: P
Shares / units: 1,218,429
Price per share: $76.39
Acquired / disposed: Acquired (A)
Shares owned after: 22,946,779
Ownership form: Indirect — See footnote
Amendment: No

Footnotes from the filing

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.
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.