{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-022336","form_type":"8-K","ticker":"MRP","cik":"0002017206","company_name":"Millrose Properties, Inc.","filed_at":"2025-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.803916+00:00","generated_at":"2026-05-27T01:06:53.882839+00:00","sec_items":["1.01","2.03","3.02","3.03","5.03","5.01","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Millrose Properties completes spin-off from Lennar; $5.5B land and $1B cash contributed","bullets":["Millrose (MRP) listed on NYSE Feb 7, 2025 after Lennar distributed 80% of its common stock.","Lennar retains ~20% of Millrose shares (33.2M Class A) with no voting rights.","Millrose received $5.5B in land assets and $1B cash from Lennar at close.","External manager Kennedy Lewis receives 1.25% annual management fee on tangible assets.","Founder's Rights and 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Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}