{"url_path":"/sec/len/8-k/2026-06-08/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-08","source_url":"https://www.sec.gov/Archives/edgar/data/920760/0001628280-26-041334-index.html","accession_number":"0001628280-26-041334","cik":"0000920760","ticker":"LEN","issuer_name":"LENNAR CORP /NEW/","edgar_url":"https://www.sec.gov/Archives/edgar/data/920760/0001628280-26-041334-index.html","primary_entity_key":"0000920760","primary_entity_name":"LENNAR CORP /NEW/"},"word_count":274,"has_tables":true,"body_markdown":"Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\nOn 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. Parker also founded Parker Chandler Homes before selling the business in 2006.\n\nIn connection with his appointment, the Compensation Committee of the Company’s Board of Directors increased Mr. Parker’s annual cash incentive target to $5,750,000, effective as of the Effective Date. There are no arrangements or understandings between Mr. Parker and any other persons pursuant to which Mr. Parker was selected as an officer of the Company. Mr. Parker has no family relationships with any of the Company’s directors or executive officers, and he is not a party to and does not have any direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K under the Securities Act of 1933, as amended."}