---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-066148"
form_type: "8-K"
ticker: "LEN"
cik: "0000920760"
company_name: "LENNAR CORP /NEW/"
filed_at: "2022-03-04T23:59:59+00:00"
generated_at: "2026-06-27T01:49:27.036734+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lennar approves 2022 comp: Chairman ~0.58% pretax, Co-CEOs ~0.51% each, equity grants up to ~105k shares for Miller

## Summary
- Cash bonuses: Chairman 0.58% of pretax income after 7.3% capital charge; Co-CEOs 0.51% each; Bessette 200% base; McCall 350% base; Sustana up to 100% base.
- Equity grants: Miller ~210k shares (perf+time), Co-CEOs ~185k ea, Bessette ~25k, McCall ~19k, Sustana ~15k time-vested.
- Equity perf metrics: relative gross profit, return on tangible capital, TSR vs. peers (10); debt/EBITDA <1.25x.
- Performance period: Dec 1, 2021 - Nov 30, 2024; peer group of 10 homebuilders.

## SEC filing metadata
- accession: 0001193125-22-066148
- form_type: 8-K
- ticker: LEN
- cik: 0000920760
- company_name: LENNAR CORP /NEW/
- filed_at: 2022-03-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920760/000119312522066148/0001193125-22-066148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920760/000119312522066148/d320216d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-066148
- JSON: https://secwatch.observer/filing/0001193125-22-066148.json
- Plain text: https://secwatch.observer/filing/0001193125-22-066148.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.