KB Home grants 251,701 PSUs to NEOs; CEO Mezger receives 124,717

KB HOME

Performance restricted stock units (PSUs) target shares: CEO Mezger 124,717; McGibney 51,020; Kaminski 34,014; Praw 21,542; Woram 20,408.
Three-year performance period Dec 1, 2023 – Nov 30, 2026 based on cumulative adjusted EPS (40%), average adjusted ROIC (35%), relative revenue growth (25%).
Final payout ranges from 0% to 200% of target shares; below-threshold performance yields zero shares.
Award includes cash dividend equivalents credited during the performance period and paid at settlement.
Forfeiture provisions: full forfeiture on termination except retirement (after 1 year), death, or disability; accelerated vesting under change of control conditions.

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