KB Home (NYSE: KBH) chair sells 274,952 shares after exercising options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KB Home Executive Chairman Jeffrey T. Mezger exercised stock options to acquire 274,952 shares of common stock at an exercise price of $16.21 per share and sold 274,952 shares in open-market transactions from July 13–15, 2026, at weighted-average prices between $54.24 and $56.94. Following these transactions, he directly owns 1,894,234 KB Home shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 274,952 shares ($15,211,672)
Net Sell
12 txns
Insider
MEZGER JEFFREY T
Role
Executive Chairman
Sold
274,952 shs ($15.21M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualfied Stock Option (Right to Buy) | 51,018 | $0.00 | -- |
| Exercise | Common Stock | 51,018 | $16.21 | $827K |
| Sale | Common Stock | 21,010 | $56.24 | $1.18M |
| Sale | Common Stock | 30,008 | $56.70 | $1.70M |
| Exercise | Non-Qualfied Stock Option (Right to Buy) | 129,062 | $0.00 | -- |
| Exercise | Common Stock | 129,062 | $16.21 | $2.09M |
| Sale | Common Stock | 89,858 | $54.87 | $4.93M |
| Sale | Common Stock | 39,204 | $55.45 | $2.17M |
| Exercise | Non-Qualfied Stock Option (Right to Buy) | 94,872 | $0.00 | -- |
| Exercise | Common Stock | 94,872 | $16.21 | $1.54M |
| Sale | Common Stock | 82,047 | $54.95 | $4.51M |
| Sale | Common Stock | 12,825 | $55.81 | $716K |
Holdings After Transaction:
Non-Qualfied Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 1,945,252 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 $54.54 to $55.53, 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 each range set forth in footnotes (1) - (6) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.55 to $56.42, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.24 to $55.23, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.24 to $55.87, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.52 to $56.51, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.52 to $56.94, inclusive. The stock options vested in three equal installments on October 6, 2017, 2018 and 2019.
Key Figures
Shares sold: 274,952 shares
Options exercised: 274,952 shares
Exercise price: $16.21 per share
+3 more
6 metrics
Shares sold
274,952 shares
Aggregate open-market common stock sales over July 13–15, 2026
Options exercised
274,952 shares
Common shares acquired through stock option exercises over July 13–15, 2026
Exercise price
$16.21 per share
Exercise price of the non-qualified stock options converted into common stock
Shares owned after transactions
1,894,234 shares
Direct KB Home common stock ownership reported after the last July 15, 2026 trade
Sale price range
$54.24–$56.94 per share
Range of individual transaction prices across the reported weighted-average sales
Option expiration date
2026-10-06
Expiration date for the non-qualified stock options that were exercised
Key Terms
Non-Qualfied Stock Option (Right to Buy), weighted average price, derivative security
3 terms
Non-Qualfied Stock Option (Right to Buy) financial
"The security title is listed as 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 M is described as 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did KB Home (KBH) report for Executive Chairman Jeffrey Mezger?
KB Home reported that Jeffrey T. Mezger exercised 274,952 stock options at $16.21 per share and sold 274,952 common shares in open-market transactions. The trades occurred over July 13–15, 2026, and were reported with weighted-average sale prices.
What was the exercise price and nature of the options Mezger exercised in KBH?
Mezger exercised non-qualified stock options to acquire a total of 274,952 KB Home shares at an exercise price of $16.21 per share. A footnote explains these stock options vested in three equal installments in 2017, 2018 and 2019.
Did KBH’s Form 4 for Jeffrey Mezger involve derivative securities activity?
Yes. The filing shows three derivative transactions involving Non-Qualfied Stock Option (Right to Buy) awards, corresponding to 274,952 underlying common shares. These options were exercised and converted into common stock before the related open-market sales.