KB Home (NYSE: KBH) sets 2025 bonuses for top executives

Rhea-AI Filing Summary

KB Home disclosed that its board’s management development and compensation committee approved annual incentive awards for the 2025 fiscal year under the company’s incentive compensation program.

The total annual incentive awards for named executive officers are $5,846,862 for Jeffrey T. Mezger, $2,826,839 for Robert V. McGibney, $1,353,038 for Albert Z. Praw, and $1,253,180 for Brian J. Woram. This reflects routine executive compensation decisions rather than operational or financial performance updates.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report: January 22, 2026

(Date of earliest event reported) 

KB HOME

(Exact name of registrant as specified in its charter)

Delaware

1-9195

95-3666267

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

10990 Wilshire Boulevard

Los Angeles, California 90024

(Address of principal executive offices) (Zip Code) 

Registrant’s telephone number, including area code: (310) 231-4000

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock (par value $1.00 per share)			KBH			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) Annual Incentive Awards. On January 22, 2026, the KB Home board of directors management development and compensation committee determined the 2025 fiscal year incentive awards to eligible participants under KB Home’s annual incentive compensation program. In addition, the board of directors approved the incentive award to Jeffery T. Mezger. The incentive awards to KB Home’s named executive officers are set forth as applicable in the table below.

Named Executive Officer			Total Annual Incentive
Robert V. McGibney			$	2,826,839
Jeffrey T. Mezger			$	5,846,862
Albert Z. Praw			$	1,353,038
Brian J. Woram			$	1,253,180

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 23, 2026

						KB Home
						By:			/s/ William A. (Tony) Richelieu
									William A. (Tony) Richelieu
									Vice President, Corporate Secretary and Associate General Counsel

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FAQ

What executive compensation did KB Home (KBH) disclose in this 8-K?

KB Home disclosed annual incentive awards for the 2025 fiscal year under its incentive compensation program for several named executive officers, detailing the total incentive amounts each will receive.

Which KB Home executive received the largest 2025 annual incentive award?

Jeffrey T. Mezger received the largest total annual incentive award, set at $5,846,862 for the 2025 fiscal year.

What incentive award did KB Home’s President or key operating executive receive?

Robert V. McGibney was granted a total annual incentive award of $2,826,839 for the 2025 fiscal year.

What incentive amounts were approved for Albert Z. Praw and Brian J. Woram at KB Home?

Albert Z. Praw was awarded $1,353,038, and Brian J. Woram was awarded $1,253,180 as total annual incentive awards for the 2025 fiscal year.

Did KB Home’s board approve these 2025 incentive awards?

Yes. The annual incentive awards for the 2025 fiscal year were determined by KB Home’s board of directors management development and compensation committee, and the board approved the incentive award to Jeffrey T. Mezger.

Does this KB Home 8-K report any departures of directors or officers?

No departures are described in the provided content; the disclosure under Item 5.02 focuses on annual incentive awards for named executive officers.