{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-061576","form_type":"8-K","ticker":"LEN","cik":"0000920760","company_name":"LENNAR CORP /NEW/","filed_at":"2023-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.578499+00:00","generated_at":"2026-06-18T12:34:21.723392+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Lennar adjusts FY2023 executive comp: caps bonuses, reduces PTI %, raises performance targets","bullets":["Cash bonus caps: $7M for Executive Chairman, $6M each for Co-CEOs (same as FY2022).","PTI payout % reduced: Executive Chairman to 0.20% (from 0.58%), Co-CEOs to 0.15% (from 0.51%).","Performance-based equity increased to ~70% of long-term incentives; performance target raised to 65th percentile.","Threshold payout lowered to 30% of target (from 50%) for all performance goals.","Equity grants: Miller 191,755 performance shares + 82,180 restricted shares; similar for other NEOs."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-061576","json":"https://secwatch.observer/filing/0001193125-23-061576.json","markdown":"https://secwatch.observer/filing/0001193125-23-061576.md","text":"https://secwatch.observer/filing/0001193125-23-061576.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/920760/000119312523061576/0001193125-23-061576-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/920760/000119312523061576/d444988d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T12:34:21.723392+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}