Jeffrey T. Mezger - Jan 26, 2024 Form 4 Insider Report for KB HOME (KBH)

Role
President and CEO, Director
Signature
Tony Richelieu, Attorney-in-Fact for Jeffrey T. Mezger
Stock symbol
KBH
Transactions as of
Jan 26, 2024
Transactions value $
-$3,542,122
Form type
4
Date filed
1/30/2024, 05:20 PM
Previous filing
Jan 25, 2024
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBH Common Stock Options Exercise $1.18M +79.4K +5.32% $14.92 1.57M Jan 26, 2024 Direct
transaction KBH Common Stock Sale -$4.68M -78.6K -5% $59.52 1.49M Jan 26, 2024 Direct F1
transaction KBH Common Stock Sale -$51.4K -854 -0.06% $60.24 1.49M Jan 26, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KBH Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -79.4K -100% $0.00* 0 Jan 26, 2024 Common Stock 79.4K $14.92 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.18 to $60.13, inclusive. The reporting person undertakes to provide to KB Home, any security holder of KB Home, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within each range reported in footnotes (1)-(2).
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.18 to $60.37, inclusive.
F3 The stock options vested in three equal annual installments beginning on October 8, 2016.