KB Home (NYSE: KBH) investors approve directors, say-on-pay and EY
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
KB Home reported the voting results from its 2026 Annual Meeting of Stockholders held on April 23, 2026. All ten director nominees were elected, each receiving more than 95% of votes cast in favor, such as Robert V. McGibney with 51,435,392 votes for and 222,362 against.
Stockholders approved, on a non-binding advisory basis, the named executive officer compensation, with 45,147,858 votes for and 6,358,104 against. They also ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending November 30, 2026, with 55,748,540 votes for and 873,803 against.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Director support example: 51,435,392 votes for
Highest director opposition example: 2,275,666 votes against
Say-on-pay support: 45,147,858 votes for (87.4%)
+3 more
6 metrics
Director support example
51,435,392 votes for
Votes for director Robert V. McGibney at 2026 Annual Meeting
Highest director opposition example
2,275,666 votes against
Votes against director Jodeen A. Kozlak at 2026 Annual Meeting
Say-on-pay support
45,147,858 votes for (87.4%)
Non-binding advisory vote on named executive officer compensation
Say-on-pay opposition
6,358,104 votes against (12.3%)
Non-binding advisory vote on named executive officer compensation
Auditor ratification support
55,748,540 votes for (98.4%)
Ratification of Ernst & Young LLP for fiscal year ending November 30, 2026
Auditor ratification opposition
873,803 votes against (1.5%)
Ratification of Ernst & Young LLP for fiscal year ending November 30, 2026
Key Terms
broker non-votes, non-binding advisory vote, independent registered public accounting firm, Annual Meeting of Stockholders
4 terms
broker non-votes financial
"Abstentions | Broker Non-Votes 45,147,858 | 87.4% | 6,358,104 | 12.3% | 175,744 | 4,966,608"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
non-binding advisory vote regulatory
"The non-binding advisory vote to approve named executive officer compensation was as follows"
A non-binding advisory vote is a shareholder vote that expresses investors’ opinion on a proposal (such as executive pay, corporate policy, or governance practices) but does not legally force the company to act. Think of it like a customer survey: it signals whether owners approve or disapprove and can pressure boards and managers to change course, so investors watch the result as an indicator of governance risk and potential future shifts in company strategy or leadership.
independent registered public accounting firm regulatory
"ratify Ernst & Young LLP’s appointment as KB Home’s independent registered public accounting firm for the fiscal year ending November 30, 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Annual Meeting of Stockholders regulatory
"KB Home held its 2026 Annual Meeting of Stockholders"
FAQ
What did KB Home (KBH) report in this 8-K filing?
KB Home reported the final voting results from its 2026 Annual Meeting of Stockholders. Shareholders elected all director nominees, approved executive compensation on an advisory basis, and ratified Ernst & Young LLP as independent auditor for the fiscal year ending November 30, 2026.
Were all KB Home (KBH) director nominees elected at the 2026 annual meeting?
Yes, all ten director nominees were elected by strong majorities. For example, Dorene C. Dominguez received 51,252,454 votes for and 395,547 against, while Robert V. McGibney received 51,435,392 votes for and 222,362 against, reflecting broad shareholder support across the slate.
What are broker non-votes in KB Home (KBH) 2026 meeting results?
Broker non-votes refer to shares held in street name where brokers did not receive specific voting instructions on certain items. In KB Home’s 2026 meeting, many director and compensation votes show 4,966,608 broker non-votes, which are counted for quorum but not as votes for or against.
Did any KB Home (KBH) proposal fail at the 2026 Annual Meeting?
No, all reported proposals passed. Every director nominee received a majority of votes cast, the advisory say-on-pay proposal gained clear approval, and the ratification of Ernst & Young LLP as independent auditor for fiscal 2026 received over 55 million votes in favor.