---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-001600"
form_type: "8-K"
ticker: "LEN"
cik: "0000920760"
company_name: "LENNAR CORP /NEW/"
filed_at: "2025-01-15T23:59:59+00:00"
generated_at: "2026-05-28T01:36:25.406331+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Lennar director Sidney Lapidus will not stand for re-election; board to reduce to 10

## Summary
- Sidney Lapidus, board member since 1997 and Chair of Independent Directors Transactions Committee, will not stand for re-election at 2025 Annual Meeting.
- He will continue serving until his term expires at the 2025 Annual Meeting; no disagreement with the Company.
- Board size will be reduced from 11 to 10 members effective upon expiration of Lapidus's term.
- Armando Olivera was previously appointed Lead Director in April 2024, succeeding Lapidus in that role.

## SEC filing metadata
- accession: 0001628280-25-001600
- form_type: 8-K
- ticker: LEN
- cik: 0000920760
- company_name: LENNAR CORP /NEW/
- filed_at: 2025-01-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920760/000162828025001600/0001628280-25-001600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920760/000162828025001600/len-20250113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-001600
- JSON: https://secwatch.observer/filing/0001628280-25-001600.json
- Plain text: https://secwatch.observer/filing/0001628280-25-001600.txt

## Key facts
- Executive change
  Sidney Lapidus departed as Director at LENNAR CORP /NEW/.
  - Action: not stand for re-election
  - Role: Director
  source text: On January 13, 2025, Sidney Lapidus, a member of the Board of Directors (the “Board”) of Lennar Corporation (the “Company”), notified the Board of his decision not to stand for re-election to the Board at the Company’s 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/920760/000162828025001600/0001628280-25-001600-index.htm

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