Millrose Properties, Inc.
A land-banking company that buys raw residential land, installs roads and utilities to create finished homesites, and sells those sites to homebuilders through option contracts that bring in recurring fees. Millrose was created by Lennar, one of the country's largest homebuilders, and spun off as a standalone company in February 2025 so builders could stay "asset-light"—owning homes under construction instead of vast land holdings. Its unglamorous name has no grand origin: the firm was incorporated in Maryland in 2024 simply to take on Lennar's land portfolio.
Common Stock Class A
Bought 235.0K
Granted 12.1K · Bought 7.5K
Granted 12.1K · Bought 8.0K
Granted 12.1K · Bought 1.2K
Granted 12.1K · Bought 1.9K
Granted 12.1K
Bought 1.8K
Bought 1.5K
| Insider | Stake change | Holds now | Granted / vested | Bought | Sold |
|---|---|---|---|---|---|
| Richman DarrenSee Remarks · 2 transactions | +462.8% | 500.0K | — | 235.0K | — |
| Bartels Patrick J JrDirector · 3 transactions | +84.6% | 42.8K | 12.1K | 7.5K | — |
| Gorson Matthew B.Director · 5 transactions | +128.3% | 35.8K | 12.1K | 8.0K | — |
| Migoya Carlos A.Director · 4 transactions | — | 29.1K | 12.1K | 1.2K | — |
| Lynch Kathleen B.Director · 3 transactions | +182.4% | 21.6K | 12.1K | 1.9K | — |
| Mincey Mary AlisonDirector · 2 transactions | +213.6% | 17.8K | 12.1K | — | — |
| Nitkin RobertChief Operating Officer · 1 transaction | +57.1% | 5.1K | — | 1.8K | — |
| Presa RachelGeneral Counsel and Secretary · 4 transactions | +291.8% | 2.5K | — | 1.5K | — |
| Lennar Corp /New/10% owner · 1 transaction | -100% | 1.8K | — | — | — |
Select a row to see that insider’s individual transactions. Sum of the holdings confirmed in the 12 months before this insider's last filing. A Form 4 reports a holding per line — held directly, or through a named trust, partnership or foundation, and in each share class separately — never a person’s total. Lines not restated in that time are left out and shown apart: an active filer restates what they still hold, so a line they did not restate is more often an entity since renamed, whose shares a successor line reports too. An amber marker means some were left out.
Net open-market activity over the last year: +256.9K shares. Grants, option exercises and tax withholding are excluded — they are compensation mechanics, not decisions to buy or sell.