STOCK TITAN

KB Home (NYSE: KBH) CEO exercises options, sells 20,621 shares at $55.31

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.

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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.

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.
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
XOfficer (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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/13/2026M20,621A$16.21209,326D
Common Stock07/13/2026S20,621D$55.31(1)188,705D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-Qualfied Stock Option (Right to Buy)$16.2107/13/2026M20,621 (2)10/06/2026Common Stock20,621$00D
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. McGibney07/15/2026
** Signature of Reporting PersonDate
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)