Spin-off - MP Alpha Holdings LLLP

Form Type: SCHEDULE 13D

Filing Date: 2025-02-14

Corporate Action: Spin-off

Type: New

Accession Number: 000095017025021291

Filing Summary: On February 7, 2025, Lennar Corporation completed the distribution of Class A and Class B common stock of Millrose Properties, Inc. as part of a Spin-Off. Each holder of Lennar Class A or B common stock received one share of respective Class A or Class B stock in Millrose for every two shares of Lennar stock held as of January 21, 2025. The three reporting entities—LMM Family Corp., MP Alpha Holdings LLLP, and The Miller Charitable Fund—collectively own 91.5% of the outstanding Class B Common Stock of the Issuer. The beneficial ownership of the Reporting Persons in Class A Common Stock is a result of the Spin-Off, amounting to 6.4% for MP Alpha Holdings. There are no plans for acquisition, changes in board management, or other corporate transactions following the Spin-Off. Stuart Miller serves as sole director of LMM Family Corp., and the Reporting Persons have not conducted any transactions in the Company’s stock since the Spin-Off.