---
schema_version: "secwatch.filing_event.v1"
accession: "0000795266-26-000033"
form_type: "8-K/A"
ticker: "KBH"
cik: "0000795266"
company_name: "KB HOME"
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:57:45.057986+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# KB Home finalizes CEO succession: McGibney gets $1M base, 225% target bonus

## Summary
- Robert V. McGibney promoted to President and CEO effective March 1, 2026; compensation set Feb 20, 2026.
- Base salary $1M; annual incentive target 225% of base, max 675%; long-term incentive to be determined in April.
- Jeffrey T. Mezger remains Executive Chairman, no compensation changes; oversees growth, land, capital markets.
- McGibney succeeds Mezger as principal executive officer for SEC purposes.

## SEC filing metadata
- accession: 0000795266-26-000033
- form_type: 8-K/A
- ticker: KBH
- cik: 0000795266
- company_name: KB HOME
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/795266/000079526626000033/0000795266-26-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/795266/000079526626000033/kbh-20260122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000795266-26-000033
- JSON: https://secwatch.observer/filing/0000795266-26-000033.json
- Plain text: https://secwatch.observer/filing/0000795266-26-000033.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.