KB Home (NYSE: KBH) director receives 2,895-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KB HOME director Kevin Paul Eltife received a stock award in the company. He acquired 2,895 shares of common stock on April 23, 2026 at a stated price of $0.00 per share as a grant under the Amended and Restated KB Home Non-Employee Directors Compensation Plan.
After this award, he directly holds 23,326 shares of KB HOME common stock. The grant is characterized as a compensation-related award exempt under Rule 16b-3, rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eltife Kevin Paul
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,895 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 23,326 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,895 shares
Grant price per share: $0.00 per share
Shares owned after grant: 23,326 shares
+2 more
5 metrics
Shares granted
2,895 shares
Common Stock award on April 23, 2026
Grant price per share
$0.00 per share
Stated transaction price for stock award
Shares owned after grant
23,326 shares
Total direct KB HOME holdings post-transaction
Transaction code
A
Grant, award, or other acquisition of common stock
Transaction direction
acquire
Equity compensation award, not an open-market buy
Key Terms
Amended and Restated KB Home Non-Employee Directors Compensation Plan, Rule 16b-3, Form 4, Grant, award, or other acquisition
4 terms
Amended and Restated KB Home Non-Employee Directors Compensation Plan financial
"Award of common stock under the Amended and Restated KB Home Non-Employee Directors Compensation Plan"
Rule 16b-3 regulatory
"which award is exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transaction did KB HOME (KBH) director Kevin Paul Eltife report?
Director Kevin Paul Eltife reported receiving a grant of 2,895 KB HOME common shares. The award was made on April 23, 2026 as stock-based compensation under the Amended and Restated KB Home Non-Employee Directors Compensation Plan, rather than through an open-market purchase.
Is Kevin Paul Eltife’s KB HOME Form 4 transaction a market purchase or a compensation award?
The Form 4 shows a compensation award, not a market purchase. Kevin Paul Eltife received 2,895 KB HOME common shares as an equity grant under the Amended and Restated KB Home Non-Employee Directors Compensation Plan, with the transaction coded as a grant or other acquisition.
What does Rule 16b-3 exemption mean for this KB HOME (KBH) insider grant?
The footnote states the KB HOME stock award is exempt under Rule 16b-3. This rule provides an exemption from certain short-swing profit rules for board-approved compensation awards to insiders, indicating the 2,895-share grant is treated as a standard, plan-based director compensation event.