Gilligan Thomas W. 4

What Happened

• Thomas W. Gilligan, a director of KB Home (KBH), received an award of 2,895 common stock units on 2026-04-23. The units were reported at $0.00 per unit (total reported cash value $0) and are recorded as an acquisition (award) on the Form 4 filing.
• This was an equity award (not a purchase or sale). Each stock unit represents the right to receive one share of KB Home common stock when settled.

Key Details

• Transaction date: 2026-04-23; Transaction type: Award/Grant (code A); Shares/units: 2,895; Reported price: $0.00.
• Shares owned after the transaction: not specified in the information provided in this summary.
• Footnote: Award granted under the Amended and Restated KB Home Non-Employee Directors Compensation Plan; the award is exempt under Rule 16b-3 and each stock unit equals one common share (see footnote F1).
• Filing: Period of report 2026-04-23, Form 4 filed 2026-04-27 (filed four days after the transaction), which appears later than the typical two-business-day filing requirement for insiders.

Context

• Grants to non-employee directors are commonly part of routine compensation and are generally considered administrative rather than a direct market sentiment signal. The award was made as stock units (not options or a cash purchase) and will convert into shares per plan terms when settled.