STOCK TITAN

KB Home (NYSE: KBH) director receives 2,895 stock units grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gilligan Thomas W. reported acquisition or exercise transactions in this Form 4 filing.

KB Home director Thomas W. Gilligan received an equity grant of 2,895 common stock units on April 23, 2026. The units were awarded under the Amended and Restated KB Home Non-Employee Directors Compensation Plan and are exempt under Rule 16b-3.

Each common stock unit represents the right to receive one share of KB Home common stock, so the award increases his direct equity-based interest without any cash payment. Following this grant, Gilligan directly holds 54,256 shares of KB Home common stock, reflecting a routine compensation-related increase rather than an open‑market purchase.

Positive

  • None.

Negative

  • None.
Insider Gilligan Thomas W.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,895 $0.00 --
Holdings After Transaction: Common Stock — 54,256 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Equity award size 2,895 common stock units Grant to non-employee director on April 23, 2026
Price per unit $0.00 per unit Compensation grant, not an open-market purchase
Shares held after grant 54,256 shares Direct KB Home common stock holdings after transaction
Amended and Restated KB Home Non-Employee Directors Compensation Plan financial
"Award of common stock units under the Amended and Restated KB Home Non-Employee Directors Compensation Plan"
Rule 16b-3 regulatory
"which award is exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
common stock units financial
"Award of common stock units under the Amended and Restated KB Home Non-Employee Directors Compensation Plan"
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*
Gilligan Thomas W.

(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026
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 Stock04/23/2026A2,895(1)A$054,256D
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
Explanation of Responses:
1. Award of common stock units under the Amended and Restated KB Home Non-Employee Directors Compensation Plan, which award is exempt under Rule 16b-3. Each stock unit represents the right to receive one share of KB Home common stock.
Remarks:
Tony Richelieu, Attorney-in-Fact for Thomas W. Gilligan04/27/2026
** 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)

FAQ

What did KB Home (KBH) director Thomas W. Gilligan report on this Form 4?

Thomas W. Gilligan reported receiving an award of 2,895 common stock units. These units were granted as director compensation under KB Home’s Amended and Restated Non-Employee Directors Compensation Plan, rather than acquired through an open-market stock purchase.

How many KB Home shares does Thomas W. Gilligan hold after this grant?

After the 2,895-unit award, Thomas W. Gilligan directly holds 54,256 shares of KB Home common stock. This total reflects his position immediately following the grant reported in the Form 4 and shows his ongoing equity stake as a non-employee director.

What are the 2,895 common stock units granted to the KB Home director?

The 2,895 common stock units are equity awards where each unit represents the right to receive one share of KB Home common stock. They were issued as compensation under the company’s Non-Employee Directors Compensation Plan, with no cash paid per unit in this transaction.

Was the KB Home director’s 2,895-unit award an open-market stock purchase?

No. The 2,895 units were a grant under KB Home’s Amended and Restated Non-Employee Directors Compensation Plan. The Form 4 classifies the transaction as a grant or award acquisition, exempt under Rule 16b-3, rather than an open-market buy of shares.

What does Rule 16b-3 exemption mean for this KBH Form 4 transaction?

The Rule 16b-3 exemption indicates the 2,895-unit award is an approved, issuer-sponsored compensation grant for an insider. It confirms the transaction is structured under SEC rules for director and officer equity awards, not as a discretionary market trade in KB Home stock.