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NYSE: KBH KB HOME 8-K

KB Home grants performance-based stock units to three named executive officers

Filed October 14, 2026 · Period ending October 8, 2026 · ~1 min read

4 key changes

Key Changes

  • medium

    On October 8, 2026, the compensation committee approved long-term incentive awards for named executive officers, consisting solely of performance-based restricted stock units (PSUs) tied to a three-year performance period ending November 30, 2029.

  • medium

    PSU payouts range from 0% to 200% of target shares based on cumulative adjusted EPS (40% weight), average adjusted return on invested capital (35%), and revenue growth relative to a peer group (25%).

  • medium

    Target award shares: Robert V. McGibney 135,227; Jeffrey T. Mezger 112,689; Brian J. Woram 21,411.

  • low

    PSU recipients are entitled to a cash payment for dividend equivalents based on the final number of shares issued.

Summary

KB Home's compensation committee granted performance-based restricted stock units to three named executive officers on October 8, 2026. The awards vest over a three-year performance period ending November 30, 2029, with payouts ranging from 0% to 200% of target shares based on cumulative adjusted EPS, average adjusted return on invested capital, and revenue growth relative to a peer group.

The weighting is 40% EPS, 35% return on invested capital, and 25% relative revenue growth. Target award shares are 135,227 for Robert V. McGibney, 112,689 for Jeffrey T. Mezger, and 21,411 for Brian J. Woram. Recipients also receive dividend equivalents on vested shares. This is a routine executive compensation disclosure with no red flags.

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