STOCK TITAN

KB Home (NYSE: KBH) COO nets stock award, tax shares withheld

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

KB HOME President and COO Robert V. McGibney reported equity compensation activity involving company common stock. He acquired 99,602 shares at no cost through the vesting of previously granted performance-based restricted stock units tied to multi-year earnings, return on invested capital, and revenue growth goals.

On the same date, 42,680 shares were disposed of back to KB HOME at $65.30 per share solely to cover tax withholding obligations from this vesting, rather than an open-market sale. After these transactions, McGibney directly owned 135,267 shares of KB HOME common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McGibney Robert V.

(Last) (First) (Middle)
C/O KB HOME
10990 WILSHIRE BOULEVARD, 7TH FLOOR

(Street)
LOS ANGELES CA 90024

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
KB HOME [ KBH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President and COO
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/20/2026 A 99,602(1) A $0 177,947 D
Common Stock 02/20/2026 F 42,680(2) D $65.3 135,267 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of common stock granted pursuant to the vesting of performance-based restricted stock units ("PSUs") that were initially awarded to the reporting person on November 14, 2022. The management development and compensation committee of the issuer's board of directors determined the number of vested shares based on the issuer's achieving certain levels of cumulative adjusted earnings per share, average adjusted return on invested capital, and revenue growth (relative to a peer group) over the three-year period of December 1, 2022 to November 30, 2025, per the terms of the PSUs.
2. Disposition of common stock to the issuer solely to cover tax withholding obligations arising from the grant of common stock pursuant to the above-described vesting of PSUs.
Remarks:
Tony Richelieu, Attorney-in-Fact for Robert V. McGibney 02/24/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did KBH executive Robert McGibney report in this Form 4 filing?

Robert McGibney reported a stock award and related tax withholding. He received 99,602 KB HOME common shares from performance-based restricted stock units, and 42,680 shares were withheld and returned to the company to satisfy tax obligations tied to that vesting.

How many KBH shares did Robert McGibney acquire through awards?

He acquired 99,602 KB HOME common shares via vesting PSUs. These performance-based restricted stock units were granted in 2022 and vested based on multi-year adjusted earnings per share, adjusted return on invested capital, and revenue growth compared with peers through November 30, 2025.

Were any of Robert McGibney’s KBH stock transactions open-market sales?

No open-market sales were reported. The 42,680-share disposition was to KB HOME itself, used solely to cover tax withholding obligations arising from the vesting of performance-based restricted stock units, rather than a discretionary sale on the open market.

What performance metrics determined Robert McGibney’s vested KBH PSUs?

The vested shares were based on KB HOME’s cumulative adjusted earnings per share, average adjusted return on invested capital, and revenue growth relative to a peer group over December 1, 2022 to November 30, 2025, as specified in the original performance-based restricted stock unit award.

How many KBH shares does Robert McGibney own after these transactions?

Following the award and tax withholding disposition, Robert McGibney directly owns 135,267 KB HOME common shares. This figure reflects the 99,602-share PSU vesting and the 42,680 shares returned to the issuer to satisfy associated tax withholding obligations.

What do the transaction codes A and F mean in this KBH Form 4?

Code A indicates a grant, award, or other acquisition of stock, here from PSU vesting. Code F indicates shares delivered back to the issuer to pay an exercise price or tax liability, here covering taxes on the newly vested performance-based restricted stock units.
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