KB Home (NYSE: KBH) CEO exercises options, sells 20,621 shares at $55.31
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,621 shares ($1,140,548)
Net Sell
3 txns
Insider
McGibney Robert V.
Role
President and CEO
Sold
20,621 shs ($1.14M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualfied Stock Option (Right to Buy) | 20,621 | $0.00 | -- |
| Exercise | Common Stock | 20,621 | $16.21 | $334K |
| Sale | Common Stock | 20,621 | $55.31 | $1.14M |
Holdings After Transaction:
Non-Qualfied Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 209,326 shares (Direct)
Footnotes (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. 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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.
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.
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.