KB Home CEO exercises options, sells 20,621 shares

Rhea-AI Filing Summary

KB Home President and CEO Robert V. McGibney exercised non-qualified stock options for 20,621 shares of common stock at $16.21 per share and on the same day sold 20,621 shares in open-market transactions at a weighted average price of $55.31 (range $55.26–$55.40). Following these transactions, he directly owns 188,705 KB Home shares.

Insider Trade Summary

Exercise and Sale: 20,621 shares ($806K approx. pre-tax spread)

Exercise and Sale 3 txns

Insider McGibney Robert V.

Role President and CEO

Sold 20,621 shs ($1.14M)

Approx. gross sale proceeds $1.14M

Approx. exercise cost $334K

Approx. pre-tax spread $806K

Type	Security	Shares	Price	Value
Exercise	Non-Qualfied Stock Option (Right to Buy) F2	20,621	$0.00	$0.00
Exercise	Common Stock	20,621	$16.21	$334K
Sale	Common Stock F1	20,621	$55.31	$1.14M

Holdings After Transaction: Non-Qualfied Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock — 188,705 shares (Direct)

Footnotes (2)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.26 to $55.40, inclusive. The reporting person undertakes to provide to KB Home, any security holder of KB Home, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
2. F2. The stock options vested in three equal installments on October 6, 2017, 2018 and 2019.

Key Figures

Shares sold: 20,621 shares Weighted average sale price: $55.31 per share Sale price range: $55.26–$55.40 per share +4 more

7 metrics

Shares sold 20,621 shares Common stock sold in open-market transactions on July 13, 2026

Weighted average sale price $55.31 per share Average price for 20,621 KB Home shares sold on July 13, 2026

Sale price range $55.26–$55.40 per share Price range for multiple sale transactions on July 13, 2026

Option exercise price $16.21 per share Conversion price of non-qualified stock option for 20,621 shares

Shares acquired via option exercise 20,621 shares Common shares obtained by exercising non-qualified stock option

Shares owned after transaction 188,705 shares Direct KB Home common stock holdings after July 13, 2026 transactions

Option expiration date October 6, 2026 Expiration date of the exercised non-qualified stock option grant

Key Terms

Non-Qualfied Stock Option (Right to Buy), weighted average price, derivative security, underlying security, +1 more

5 terms

Non-Qualfied Stock Option (Right to Buy) financial

"security_title: "Non-Qualfied Stock Option (Right to Buy)""

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

underlying security financial

"underlying_security_title: "Common Stock" as the underlying security"

non-derivative financial

"transaction_type": "non-derivative" for common stock entries"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did KBH President and CEO Robert V. McGibney report?

Robert V. McGibney reported exercising options and selling shares of KB Home common stock. He exercised non-qualified stock options for 20,621 shares at $16.21 per share and sold 20,621 shares in open-market transactions on July 13, 2026.

How many KBH shares did Robert V. McGibney sell and at what prices?

McGibney sold 20,621 KB Home shares at a weighted average price of $55.31 per share. A footnote states the shares were sold in multiple trades within a $55.26 to $55.40 price range on July 13, 2026.

What options did Robert V. McGibney exercise in this KBH Form 4 filing?

He exercised a non-qualified stock option covering 20,621 shares of KB Home common stock at a conversion price of $16.21 per share. A footnote notes these options vested in three equal installments in 2017, 2018 and 2019.

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

After the reported transactions, McGibney directly owns 188,705 shares of KB Home common stock. This figure reflects his holdings following the option exercise and same-day open-market sale of 20,621 shares on July 13, 2026.

Were Robert V. McGibney’s KBH share sales executed as a single trade or multiple trades?

The sales were executed as multiple transactions. A footnote explains the reported $55.31 price is a weighted average, with individual trades occurring between $55.26 and $55.40 per share on July 13, 2026.

What happened to the non-qualified stock option reported in the KBH Form 4?

The non-qualified stock option for 20,621 shares, with a conversion price of $16.21 and an expiration date of October 6, 2026, was fully exercised. The Form 4 shows 0 derivative securities remaining from this particular option grant.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/15/2026 - 05:17 PM EDT Learn about SEC filing dates

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 CALIFORNIA 90024

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
KB HOME [ KBH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	07/13/2026		M		20,621	A	$16.21	209,326	D
Common Stock	07/13/2026		S		20,621	D	$55.31(1)	188,705	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
Non-Qualfied Stock Option (Right to Buy)	$16.21	07/13/2026		M			20,621	(2)	10/06/2026	Common Stock	20,621	$0	0	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.26 to $55.40, inclusive. The reporting person undertakes to provide to KB Home, any security holder of KB Home, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

2. The stock options vested in three equal installments on October 6, 2017, 2018 and 2019.

Remarks:

	Tony Richelieu, Attorney-in-Fact for Robert V. McGibney	07/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)