KB HOME (KBH) CFO surrenders 2,297 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KB HOME EVP & Chief Financial Officer Robert R. Dillard reported a tax-related share disposition. On this Form 4, 2,297 shares of common stock were delivered back to the company to cover tax withholding obligations from the vesting of a prior restricted share grant. After this tax-withholding transaction, he directly holds 17,057 shares of KB HOME common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dillard Robert R
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,297 | $54.28 | $125K |
Holdings After Transaction:
Common Stock — 17,057 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withholding shares: 2,297 shares
Price per share reference: $54.28 per share
Shares held after transaction: 17,057 shares
3 metrics
Tax-withholding shares
2,297 shares
Shares delivered to issuer to cover tax withholding on vesting
Price per share reference
$54.28 per share
Value used for the 2,297-share tax-withholding disposition
Shares held after transaction
17,057 shares
Direct KB HOME common stock holdings after the Form 4 transaction
Key Terms
tax withholding obligations, restricted shares, Form 4
3 terms
tax withholding obligations financial
"to cover tax withholding obligations arising from the vesting of a previous grant"
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 insider transaction did KB HOME (KBH) CFO Robert Dillard report?
KB HOME CFO Robert Dillard reported a tax-withholding disposition of 2,297 common shares. These shares were delivered back to the company to satisfy tax obligations from a previously granted restricted stock award that vested.
Was the KB HOME (KBH) CFO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The 2,297 KB HOME shares were surrendered to the issuer solely to cover tax withholding obligations triggered by the vesting of earlier granted restricted shares.
What does the ‘F’ transaction code mean in this KB HOME (KBH) Form 4?
The ‘F’ transaction code on this Form 4 indicates shares were disposed of to pay taxes or exercise costs. Here, 2,297 KB HOME shares were delivered to the issuer to satisfy tax withholding obligations tied to restricted share vesting.