KB Home (NYSE: KBH) EVP reports share grant and tax withholding

Rhea-AI Filing Summary

KB Home executive Albert Z. Praw received a grant of 44,820 shares of common stock at no cost, issued upon the vesting of performance-based restricted stock units awarded in November 2022. To cover tax withholding from this grant, 22,805 shares were disposed back to the company, leaving him with 126,077 directly owned shares.

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

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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^*

PRAW ALBERT Z

(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)
	EVP, Real Estate & Bus. Dev.

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		44,820(1)	A	$0	148,882	D
Common Stock	02/20/2026		F		22,805(2)	D	$65.3	126,077	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 Albert Z. Praw	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).
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FAQ

What did KBH executive Albert Z. Praw report in this Form 4?

Albert Z. Praw reported receiving 44,820 shares of KB Home common stock through a performance-based stock grant and disposing of 22,805 shares back to the company to cover tax withholding obligations tied to that grant.

How many KBH shares were granted to Albert Z. Praw?

Albert Z. Praw was granted 44,820 shares of KB Home common stock at no purchase price. These shares vested from performance-based restricted stock units initially awarded on November 14, 2022, after the company met specified financial and growth performance criteria.

Why did Albert Z. Praw dispose of KBH shares in this filing?

The 22,805 KB Home shares were disposed solely to satisfy tax withholding obligations arising from the stock grant. The shares were delivered back to the company, rather than sold in the open market, as payment for those tax liabilities.

What performance period governed the vested KBH PSUs for Albert Z. Praw?

The vested performance-based restricted stock units covered a three-year period from December 1, 2022 to November 30, 2025. Vesting depended on KB Home achieving targets for cumulative adjusted earnings per share, average adjusted return on invested capital, and revenue growth versus a peer group.

How many KBH shares does Albert Z. Praw own after these transactions?

Following the grant and related tax-withholding disposition, Albert Z. Praw directly owns 126,077 shares of KB Home common stock. This figure reflects his updated direct holdings after both the performance-based award and the shares delivered to cover taxes.

How were the performance targets for Albert Z. Praw’s KBH PSU grant determined?

KB Home’s management development and compensation committee determined the number of vested shares. It based the calculation on cumulative adjusted earnings per share, average adjusted return on invested capital, and revenue growth relative to a peer group over the specified three-year performance period.