secwatch.observer — SEC 8-K summary
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Issuer:     KB HOME (KBH)
CIK:        0000795266
Form:       8-K
Filed at:   2024-10-15T23:59:59+00:00
Accession:  0000795266-24-000132
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

KB Home awards 151,609 PSUs to top execs with Nov 2027 performance period
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- CEO Mezger receives 90,214 PSUs; CFO McGibney 37,589; Praw & Woram 11,903 each.
- PSUs payout 0-200% based on cumulative adjusted EPS (40%), avg ROIC (35%), relative revenue growth (25%).
- Performance period Dec 1, 2024 through Nov 30, 2027; dividend equivalents may be paid.
- No shares or cash paid if all three metrics fall below specific thresholds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795266/000079526624000132/0000795266-24-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795266/000079526624000132/kbh-20241010.htm
  HTML page:      https://secwatch.observer/filing/0000795266-24-000132

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