secwatch.observer — SEC 8-K summary
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Issuer:     KB HOME (KBH)
CIK:        0000795266
Form:       8-K
Filed at:   2022-11-16T23:59:59+00:00
Accession:  0000795266-22-000096
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

KB Home grants performance-based RSUs to NEOs; CEO Mezger target 166,003 shares
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- PSUs vest based on 3-year performance (Dec 2022-Nov 2025) with 0%-200% payout.
- Metrics: cumulative adjusted EPS (40%), avg adjusted ROIC (35%), relative revenue growth (25%).
- CEO Mezger target: 166,003 PSUs; other NEOs: McGibney 66,401, Kaminski 46,481, Praw 29,880.
- Dividend equivalents paid in cash based on final earned shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795266/000079526622000096/0000795266-22-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795266/000079526622000096/kbh-20221114.htm
  HTML page:      https://secwatch.observer/filing/0000795266-22-000096

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer