other material
confidence high
sentiment neutral
materiality 0.40
KB Home awards $9.6M annual incentive to CEO Mezger; mixed cash and restricted stock
KB HOME
- CEO Mezger total incentive $9,585,872: $7.48M cash + 60,514 restricted shares at $34.80.
- CFO Kaminski receives $2.27M, EVP McGibney $3.25M, EVP Praw $1.82M, all cash.
- McGibney also gets $402,758 performance-based cash payout from 2019 award.
- Restricted stock vests in equal annual installments over three years starting Jan 19, 2024.
- Incentive awards based on 2022 fiscal year performance under the annual incentive program.