Woram Brian J 4

What Happened
Brian J. Woram, EVP and General Counsel of KB HOME (KBH), disposed of 172 shares on 2026-01-25 to satisfy tax withholding obligations tied to the vesting of previously granted restricted shares. The shares were valued at $59.04 each, for a total of approximately $10,155. This was a disposition to the issuer for tax withholding (not an open-market sale), a routine administrative transaction rather than a directional bet on the stock.

Key Details

• Transaction date and price: 2026-01-25 — 172 shares at $59.04 each.
• Total value: ~ $10,155.
• Shares owned after transaction: not disclosed in this filing.
• Footnote: F1 — disposition of common stock to the issuer solely to cover tax withholding obligations arising from vesting of a prior grant of restricted shares.
• Filing: Report filed 2026-02-02 for the 2026-01-25 transaction — this appears to be after the typical 2-business-day Form 4 window.

Context
This was a tax-withholding share surrender (often called a "sell to cover" or stock withheld by the company) related to vesting of restricted stock, not an independent open-market sale or purchase. Such transactions are routine and generally reflect tax obligations rather than insider sentiment; purchases by insiders tend to be more informative about confidence in the company.