kbh-20260122

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report: January 22, 2026

(Date of earliest event reported)

KB HOME

(Exact name of registrant as specified in its charter)

Delaware

1-9195

95-3666267

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

10990 Wilshire Boulevard

Los Angeles, California 90024

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (310) 231-4000

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:
Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock (par value $1.00 per share)	KBH	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


Emerging growth company			☐


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.			☐

Item 5.02 Departure of Directors or Certain Officers; Appointment of Certain Officers; Compensatory Agreements of Certain Officers.

(b), (c) and (d) On January 22, 2026, the board of directors of KB Home (“Company”) promoted Robert V. McGibney, currently the Company’s President and Chief Operating Officer, to President and Chief Executive Officer and appointed him as a director, each effective March 1, 2026. As a director, he will not serve on any committees of the board nor receive any additional compensation for his board service. Upon Mr. McGibney’s becoming President and Chief Executive Officer, Jeffrey T. Mezger, currently the Company’s Chairman and Chief Executive Officer, will transition to serve as Executive Chairman of the board. In that new role, Mr. Mezger will be the most senior executive officer of the Company and continue to have a significant management role.

Mr. McGibney, age 51, joined the Company in 2000 in its Las Vegas division and held roles of increasing responsibility, from Division President (2012) to Regional General Manager (2016), Regional President (2018), and Chief Operating Officer and Executive Vice President (2021). In 2024, McGibney was elevated to President, with overall responsibility for the Company’s operations. McGibney earned a Bachelor of Science in Accounting/Finance from Missouri State University.

There are no arrangements between Mr. McGibney and any other persons pursuant to which he was appointed to serve in the above roles, and no family relationships between him and any Company director or executive officer. Additionally, Mr. McGibney has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

A copy of the press release announcing Mr. McGibney’s appointment as Chief Executive Officer is filed as Exhibit 99.1 to this report and is incorporated herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press release announcing Robert V. McGibney ’s appointment as Chief Executive Officer

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

EXHIBIT INDEX


Exhibit No.						Description

99.1						Press release announcing Robert V. McGibney’s appointment as Chief Executive Officer

104						Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 28, 2026


						KB Home

						By:			/s/ William A. (Tony) Richelieu
									William A. (Tony) Richelieu
									Vice President, Corporate Secretary and Associate General Counsel

Exhibit 99.1


FOR RELEASE, Wednesday, January 28, 2026 1:10 p.m. Pacific Time			For Further Information: Jill Peters, Investor Relations Contact
			(310) 893-7456 or [email protected]

			Jamie Tanker, Media Contact
			(734) 417-9805 or [email protected]

KB HOME NAMES ROBERT MCGIBNEY CHIEF EXECUTIVE OFFICER

Jeffrey Mezger Becomes Company’s First Executive Chairman

LOS ANGELES (January 28, 2026) – KB Home (NYSE: KBH) today announced that, as part of its long-term succession planning process, its board of directors appointed Robert McGibney as President and Chief Executive Officer, effective March 1, 2026. At that time, McGibney, a KB Home veteran with over 25 years of service, will succeed Jeffrey Mezger, who will become KB Home’s first Executive Chairman of the board after serving as Chief Executive Officer for two decades and Chairman since 2016.

The board also appointed McGibney as a director, effective March 1, 2026, and will nominate him to stand for election as a director at the Company’s 2026 Annual Meeting of Stockholders.

Mezger, 70, who joined KB Home in 1993, was instrumental during his tenure as Chief Executive Officer in repositioning the Company’s operations and optimizing its distinctive Built to Order business model through several market cycles to generate profitable growth and solid stockholder returns, along with industry-leading customer satisfaction levels and sustainability achievements. As the most senior executive officer of the Company, he will continue to have a key management role with KB Home, including overseeing its high-level strategy, and supporting McGibney in his assumption of the duties of Chief Executive Officer.

McGibney, 51, joined KB Home in 2000 in its Las Vegas division, and held roles of increasing responsibility with the Company from Division President (2012) to Regional General Manager (2016), Regional President (2018), and Chief Operating Officer and Executive Vice President (2021). In 2024, McGibney was elevated to President, with overall responsibility for the Company’s operations, while also directing business strategy, community and revenue growth and key strategic support functions, such as architecture, marketing, sustainability, and financial services operations, along with leadership development. McGibney earned a Bachelor of Science in Accounting/Finance from Missouri State University.

“Today’s seamless Chief Executive Officer transition is a testament to KB Home’s extensive and carefully considered talent management and succession planning process,

as well as the deep executive bench the Company has developed,” said Jodee Kozlak, KB Home’s Lead Independent Director. “Jeff has been an extraordinary leader for this Company over his 20-year tenure as CEO, generating significant stockholder value and creating a strong foundation for future growth. The board is confident Rob is the right person to lead KB Home into the future.”

“It has been a true privilege to serve as KB Home’s Chief Executive Officer since 2006 and to deliver our personalized, high-quality homes to thousands of families across the United States,” said Mezger . “I am pleased to recognize Rob in his promotion to serve as our next Chief Executive Officer. In working closely with Rob for several years, I have been consistently impressed by his exceptional performance as he progressed through the executive ranks, and especially with the job he has done as Chief Operating Officer. I am confident that with the experience Rob has gained over his more than 25 years with KB Home, as well as his deep understanding of our business model, he is well prepared to serve as Chief Executive Officer. I look forward to continuing to work with Rob along with our highly seasoned senior leadership team, who have an average tenure of nearly 20 years with us, to further advance our growth.”

“I am honored to be appointed President and Chief Executive Officer of KB Home, a special company where I’ve spent nearly 26 years, the majority of my professional career,” said McGibney. “I have tremendous admiration and appreciation for everything Jeff has done in leading the company. I am excited about the future of our business and to work with Jeff and the KB Home team, as well as the board, to create long-term value.”

About KB Home

KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 49 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be the #1 customer-ranked national homebuilder based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional homebuying experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.

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