$KBH·8-K

KB HOME · Apr 24, 5:24 PM ET

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KB HOME 8-K

Research Summary

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KB Home Reports 2026 Annual Meeting Voting Results

What Happened

  • KB Home filed an 8-K on April 24, 2026 reporting the final voting results from its April 23, 2026 Annual Meeting of Stockholders. All director nominees were elected with strong support — for example, Jose M. Barra received 49,576,510 votes in favor (96.0%) and Robert V. McGibney received 51,435,392 votes in favor (99.6%).
  • The non-binding advisory vote to approve named executive officer compensation (say-on-pay) passed with 87.4% of votes in favor. Shareholders also ratified Ernst & Young LLP as KB Home’s independent registered public accounting firm for fiscal 2026, with 98.4% voting in favor.

Key Details

  • Meeting date: April 23, 2026; 8-K filed April 24, 2026 and signed by William A. (Tony) Richelieu, VP & Corporate Secretary.
  • Director vote examples: Jose M. Barra — 49,576,510 For (96.0%); Jodeen A. Kozlak — 49,384,630 For (95.6%); Robert V. McGibney — 51,435,392 For (99.6%). Broker non‑votes reported around 4,966,608 for director elections.
  • Say-on-pay: 45,147,858 For (87.4%), 6,358,104 Against (12.3%), 175,744 Abstentions; broker non‑votes ~4,966,608.
  • Auditor ratification: 55,748,540 For (98.4%), 873,803 Against (1.5%), 25,971 Abstentions.

Why It Matters

  • For investors, these results mean continuity in KB Home’s board composition and confirmed governance choices for the coming year. The strong affirmative vote for ratifying Ernst & Young keeps the company’s current auditor in place.
  • The say-on-pay approval (non-binding) indicates substantial shareholder support for executive compensation as disclosed, though it does not compel management action. Significant broker non‑votes on certain items may affect vote denominators and reflect shares held by brokers that were not voted on those matters.

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