KB Home (KBH) CEO receives 53,438 restricted shares vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McGibney Robert V. reported acquisition or exercise transactions in this Form 4 filing.
KB HOME President and CEO Robert V. McGibney received a grant of 53,438 shares of restricted common stock as compensation. These shares vest in three equal annual installments on April 23 of 2027, 2028 and 2029. After this award, he directly holds 188,705 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McGibney Robert V.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 53,438 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 188,705 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 53,438 shares
Post-transaction holdings: 188,705 shares
Vesting schedule start: April 23, 2027
+1 more
4 metrics
Restricted stock grant
53,438 shares
Grant of restricted common stock to CEO on April 23, 2026
Post-transaction holdings
188,705 shares
CEO direct common stock ownership after award
Vesting schedule start
April 23, 2027
First vesting date for restricted stock award
Vesting schedule end
April 23, 2029
Final vesting date for restricted stock award
Key Terms
restricted common stock, vests, annual installments, Form 4
4 terms
restricted common stock financial
"Grant of restricted common stock that vests in three equal annual installments"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
vests financial
"Grant of restricted common stock that vests in three equal annual installments"
annual installments financial
"vests in three equal annual installments on April 23, 2027, 2028 and 2029"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did KBH CEO Robert McGibney report in this Form 4 filing?
Robert McGibney reported receiving a grant of 53,438 shares of KB HOME restricted common stock. The award is compensation and not an open-market purchase, and it increases his directly held common stock position to 188,705 shares after the transaction.
Was the KBH CEO’s Form 4 transaction a market buy or sell?
The Form 4 reports a grant of restricted common stock, not a market buy or sell. The transaction code is “A,” indicating a grant or award acquisition, and the price per share is listed as $0.0000 because it is compensation from the company.
What does the restricted stock grant mean for KBH insider ownership?
The grant increases the CEO’s direct holdings in KB HOME through a time-vested restricted stock award. Because the shares vest over three years, they strengthen longer-term alignment between the CEO’s equity stake and the company’s performance and retention objectives.