Form 4: KB Home Director Thomas W. Gilligan Reports Stock Sale
SEC Form 4 Filing
Thomas W. Gilligan, a director at KB Home, reported the sale of 3,914 shares of common stock on May 9, 2024.
Summary
- On May 9, 2024, Thomas W. Gilligan, a director of KB Home, sold 3,914 shares of KB Home common stock.
- The sale price was $70.48 per share.
- Following the transaction, Gilligan directly owns 48,217 shares of KB Home common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale itself doesn't necessarily indicate a negative outlook, as directors may sell shares for various personal financial reasons.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction relative to the director's total holdings.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of stock sale transaction |
| 05/10/2024 | Date of signature on the Form 4 filing |
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