---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-009205"
form_type: "8-K"
ticker: "LEN"
cik: "0000920760"
company_name: "LENNAR CORP /NEW/"
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T22:50:56.566189+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lennar sets record date and election period for Millrose spin-off; distribution ratio 1:2

## Summary
- Record date set for January 21, 2025; holders get one Millrose Class A share per two Lennar shares held.
- Election period runs from Jan 21 to Feb 3, 2025 to receive Millrose Class B instead of Class A.
- Approximately 80% of Millrose stock will be distributed; Lennar retains the remaining ~20%.
- Holders who do not submit an election by 5:00 p.m. ET on Feb 3 will automatically receive Millrose Class A.
- Elections must be made electronically via a dedicated portal; no mail-in option is available.

## SEC filing metadata
- accession: 0001193125-25-009205
- form_type: 8-K
- ticker: LEN
- cik: 0000920760
- company_name: LENNAR CORP /NEW/
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920760/000119312525009205/0001193125-25-009205-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920760/000119312525009205/d913968d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-009205
- JSON: https://secwatch.observer/filing/0001193125-25-009205.json
- Plain text: https://secwatch.observer/filing/0001193125-25-009205.txt

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