secwatch.observer — SEC 8-K summary
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Issuer:     LENNAR CORP /NEW/ (LEN)
CIK:        0000920760
Form:       8-K
Filed at:   2023-09-20T23:59:59+00:00
Accession:  0001628280-23-032661
Event type: leadership
Sentiment:  positive
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lennar elects former Walmart EVP Dacona Smith to board, effective Sept 22, 2023
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- Dacona Smith, former Walmart EVP and COO of Walmart U.S. Stores, elected to Lennar board effective Sept 22, 2023.
- Board size increased from 10 to 11 members; Smith's term expires at the 2024 annual meeting.
- Smith retired from Walmart after 30+ years, beginning as hourly associate; brings operational efficiency expertise.
- Smith qualifies as independent under NYSE standards; will receive prorated director compensation.
- No arrangements or transactions with Smith or immediate family requiring disclosure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/920760/000162828023032661/0001628280-23-032661-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/920760/000162828023032661/len-20230918.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-032661

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