Form 4: KB Home Executive Brian J. Woram Reports Stock Transaction

Brian J. Woram, EVP and General Counsel at KB Home, reported a gift of 1,300 common stock shares.

Summary

• Brian J. Woram, an Executive Vice President and General Counsel at KB Home, filed a Form 4 with the SEC.
• The filing reports a transaction on November 15, 2024, where 1,300 shares of KB Home common stock were gifted to Mr. Woram.
• The transaction was a gift, so the price per share was $0.
• Following the transaction, Mr. Woram directly owns 175,748 shares of KB Home common stock.

Sentiment

Score: 7

Explanation: The document is a routine filing and does not indicate any positive or negative sentiment. It is a neutral transaction related to executive compensation.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies. It provides transparency into the stock ownership of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The gifting of shares is a common form of executive compensation, and the details provided are typical for such transactions.
• Other homebuilding companies such as Lennar and D.R. Horton also have similar filings when executives receive or dispose of company stock.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects a change in executive ownership, but it is not a significant change.
• The transaction is part of executive compensation and does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, SEC Filing, KB Home, Brian J. Woram, Stock Transaction, Beneficial Ownership, Executive Compensation, Gift of Stock