secwatch.observer — SEC 8-K summary
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Issuer:     KB HOME (KBH)
CIK:        0000795266
Form:       8-K
Filed at:   2024-01-22T23:59:59+00:00
Accession:  0000795266-24-000010
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KB Home director not seeking re-election; NEOs awarded $17.55M in FY2023 incentives
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- Director Melissa Lora not seeking re-election at April 2024 annual meeting; decision not due to any disagreement.
- CEO Jeffrey Mezger awarded $8.96M total annual incentive ($7.28M cash + 27,465 restricted shares at $61.12).
- Other NEOs Kaminski ($2.12M), McGibney ($3.19M + $0.53M performance award), Praw ($1.70M), Woram ($1.58M with 513 restricted shares).
- Board approved updated form indemnification agreement for directors and certain officers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795266/000079526624000010/0000795266-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795266/000079526624000010/kbh-20240117.htm
  HTML page:      https://secwatch.observer/filing/0000795266-24-000010

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