KBH · Kb Home · Executive Compensation

$43.36 +0.77 (+1.81%) At close · Oct 20

S&P 400 member Russell 2000 member Rebalance outlook locked

Market Cap

$2.63B

60.76M

Volume · Oct 20 1.15M Avg daily vol (3M) 1.29M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jeffrey T. Mezger	Chairman, President and Chief Executive Officer	$1,150,000	—	$5,000,009	—	$6,523,927	$79,922	$13,899,345
Mathew W. Mandino	Executive Vice President and Chief Operating Officer	$770,000	—	$1,999,996	—	$2,501,893	$57,612	$5,329,501
Jeff Kaminski	Executive Vice President and Chief Financial Officer	$745,000	—	$1,400,017	—	$1,655,612	$60,022	$3,860,651
Albert Z. Praw	Executive Vice President, Real Estate and Business Development	$620,000	—	$899,988	—	$1,327,546	$51,859	$2,899,393
Brian J. Woram	Executive Vice President and General Counsel (a) Salary. As discussed under “Base Salaries,” there have been no changes to NEO annual base salary levels since July 2019. (b) Stock Awards and Option Awards. These amounts represent the aggregate grant date fair value of stock awards (consisting of only PSUs) computed as described in Note 21 — Employee Benefit and Stock Plans in the Notes to the Consolidated Financial Statements in our Annual Report, except that estimates of forfeitures related to service-based vesting conditions have been disregarded. They do not represent realized compensation. The 2020 stock awards represent the grant date fair value of the probable award of shares of our common stock underlying the PSUs granted. The grant date fair value of the PSUs if maximum performance is achieved is as follows: Mr. Mezger 10,000,018; Mr. Kaminski 2,800,034; Mr. Mandino 3,999,992; Mr. Praw 1,799,976; and Mr. Woram 1,699,986. (c) Non-Equity Incentive Plan Compensation. For Mr. Mandino, the amounts reflect the sum of his annual incentives, and payouts of performance cash awards of 337,639 in 2020, 392,193 in 2019 and 261,625 in 2018, granted to him prior to his promotion to Chief Operating Officer in 2018. For all other NEOs, the amounts reflect only their annual incentive payouts. (d) Change in Pension Value and Nonqualified Deferred Compensation Earnings. These amounts (as applicable) reflect the increase in the actuarial present value of accumulated benefits under our Retirement Plan. These changes are tied to interest rate fluctuations and do not reflect any cash or other compensation received by Mr. Mezger. The amounts attributed to the change in actuarial present value in 2020, 2019 and 2018 were 1,145,487, 1,060,833 and (516,726), respectively. (e) All Other Compensation. The amounts shown consist of minimal incremental costs associated with spousal travel expenses in connection with a business-related event for each NEO and the following items: ■ 401(k) Plan and DCP Matching Contributions. The respective aggregate 2020, 2019 and 2018 401(k) Plan and DCP matching contributions we made to our NEOs were as follows: Mr. Mezger 63,100, 62,800 and 62,500; Mr. Kaminski 44,700, 44,000 and 42,625; Mr. Mandino 42,350, 16,800 and 15,883; Mr. Praw 37,200, 36,675 and 35,600; and Mr. Woram 37,200, 36,675 and 35,600. ■ Premium Payments. The respective aggregate premiums we paid for our NEOs in 2020, 2019 and 2018 for a supplemental medical expense reimbursement plan and life insurance policies, as described under “Other Benefits,” were as follows: Mr. Mezger 14,652, 14,652 and 14,651; Mr. Kaminski 13,152, 13,152 and 13,101; Mr. Mandino 13,092, 13,092 and 13,091; Mr. Praw 12,684, 12,684 and 12,683; and Mr. Woram 13,097, 13,092 and 13,091. ■ Relocation Assistance. In our 2019 fiscal year, Mr. Mandino received 86,754 in relocation-related payments or reimbursements to cover various moving expenses, temporary housing and any personal tax liability associated therewith in connection with his promotion to Chief Operating Officer and move from Colorado to California. In our 2018 fiscal year, Mr. Mandino received 460,441 in such payments or reimbursements. Mr. Mandino received no such assistance in our 2020 fiscal year.	$620,000	—	$849,993	—	$1,226,468	$52,537	$2,748,998

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jeffrey T. Mezger	Chairman, President and Chief Executive Officer	$1,150,000	—	$4,999,987	—	$6,081,611	$78,945	$13,371,376
Mathew W. Mandino	Executive Vice President and Chief Operating Officer	$758,333	—	$2,000,001	—	$2,236,440	$118,420	$5,113,194
Jeff Kaminski	Executive Vice President and Chief Financial Officer	$733,333	—	$1,399,998	—	$1,542,547	$58,920	$3,734,798
Albert Z. Praw	Executive Vice President, Real Estate and Business Development	$611,250	—	$899,989	—	$1,237,381	$51,274	$2,799,894
Brian J. Woram	Executive Vice President and General Counsel (a) Salary. As discussed under “Base Salaries,” there have been no changes to NEO annual base salary levels since July 2019. (b) Stock Awards and Option Awards. These amounts represent the aggregate grant date fair value of stock awards (consisting of only PSUs) computed as described in Note 21 — Employee Benefit and Stock Plans in the Notes to the Consolidated Financial Statements in our Annual Report, except that estimates of forfeitures related to service-based vesting conditions have been disregarded. They do not represent realized compensation. The 2020 stock awards represent the grant date fair value of the probable award of shares of our common stock underlying the PSUs granted. The grant date fair value of the PSUs if maximum performance is achieved is as follows: Mr. Mezger 10,000,018; Mr. Kaminski 2,800,034; Mr. Mandino 3,999,992; Mr. Praw 1,799,976; and Mr. Woram 1,699,986. (c) Non-Equity Incentive Plan Compensation. For Mr. Mandino, the amounts reflect the sum of his annual incentives, and payouts of performance cash awards of 337,639 in 2020, 392,193 in 2019 and 261,625 in 2018, granted to him prior to his promotion to Chief Operating Officer in 2018. For all other NEOs, the amounts reflect only their annual incentive payouts. (d) Change in Pension Value and Nonqualified Deferred Compensation Earnings. These amounts (as applicable) reflect the increase in the actuarial present value of accumulated benefits under our Retirement Plan. These changes are tied to interest rate fluctuations and do not reflect any cash or other compensation received by Mr. Mezger. The amounts attributed to the change in actuarial present value in 2020, 2019 and 2018 were 1,145,487, 1,060,833 and (516,726), respectively. (e) All Other Compensation. The amounts shown consist of minimal incremental costs associated with spousal travel expenses in connection with a business-related event for each NEO and the following items: ■ 401(k) Plan and DCP Matching Contributions. The respective aggregate 2020, 2019 and 2018 401(k) Plan and DCP matching contributions we made to our NEOs were as follows: Mr. Mezger 63,100, 62,800 and 62,500; Mr. Kaminski 44,700, 44,000 and 42,625; Mr. Mandino 42,350, 16,800 and 15,883; Mr. Praw 37,200, 36,675 and 35,600; and Mr. Woram 37,200, 36,675 and 35,600. ■ Premium Payments. The respective aggregate premiums we paid for our NEOs in 2020, 2019 and 2018 for a supplemental medical expense reimbursement plan and life insurance policies, as described under “Other Benefits,” were as follows: Mr. Mezger 14,652, 14,652 and 14,651; Mr. Kaminski 13,152, 13,152 and 13,101; Mr. Mandino 13,092, 13,092 and 13,091; Mr. Praw 12,684, 12,684 and 12,683; and Mr. Woram 13,097, 13,092 and 13,091. ■ Relocation Assistance. In our 2019 fiscal year, Mr. Mandino received 86,754 in relocation-related payments or reimbursements to cover various moving expenses, temporary housing and any personal tax liability associated therewith in connection with his promotion to Chief Operating Officer and move from Colorado to California. In our 2018 fiscal year, Mr. Mandino received 460,441 in such payments or reimbursements. Mr. Mandino received no such assistance in our 2020 fiscal year.	$611,250	—	$850,008	—	$1,142,638	$51,260	$2,655,156

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jeffrey T. Mezger	Chairman, President and Chief Executive Officer	$1,150,000	—	$4,000,005	—	$6,443,082	$79,810	$11,672,897
Mathew W. Mandino	Executive Vice President and Chief Operating Officer	$580,000	—	$1,750,002	—	$2,216,001	$491,976	$5,037,979
Jeff Kaminski	Executive Vice President and Chief Financial Officer	$710,417	—	$1,200,006	—	$1,634,658	$58,242	$3,603,323
Albert Z. Praw	Executive Vice President, Real Estate and Business Development	$593,333	—	$825,006	—	$1,310,557	$50,644	$2,779,540
Brian J. Woram	Executive Vice President and General Counsel (a) Salary. As discussed under “Base Salaries,” there have been no changes to NEO annual base salary levels since July 2019. (b) Stock Awards and Option Awards. These amounts represent the aggregate grant date fair value of stock awards (consisting of only PSUs) computed as described in Note 21 — Employee Benefit and Stock Plans in the Notes to the Consolidated Financial Statements in our Annual Report, except that estimates of forfeitures related to service-based vesting conditions have been disregarded. They do not represent realized compensation. The 2020 stock awards represent the grant date fair value of the probable award of shares of our common stock underlying the PSUs granted. The grant date fair value of the PSUs if maximum performance is achieved is as follows: Mr. Mezger 10,000,018; Mr. Kaminski 2,800,034; Mr. Mandino 3,999,992; Mr. Praw 1,799,976; and Mr. Woram 1,699,986. (c) Non-Equity Incentive Plan Compensation. For Mr. Mandino, the amounts reflect the sum of his annual incentives, and payouts of performance cash awards of 337,639 in 2020, 392,193 in 2019 and 261,625 in 2018, granted to him prior to his promotion to Chief Operating Officer in 2018. For all other NEOs, the amounts reflect only their annual incentive payouts. (d) Change in Pension Value and Nonqualified Deferred Compensation Earnings. These amounts (as applicable) reflect the increase in the actuarial present value of accumulated benefits under our Retirement Plan. These changes are tied to interest rate fluctuations and do not reflect any cash or other compensation received by Mr. Mezger. The amounts attributed to the change in actuarial present value in 2020, 2019 and 2018 were 1,145,487, 1,060,833 and (516,726), respectively. (e) All Other Compensation. The amounts shown consist of minimal incremental costs associated with spousal travel expenses in connection with a business-related event for each NEO and the following items: ■ 401(k) Plan and DCP Matching Contributions. The respective aggregate 2020, 2019 and 2018 401(k) Plan and DCP matching contributions we made to our NEOs were as follows: Mr. Mezger 63,100, 62,800 and 62,500; Mr. Kaminski 44,700, 44,000 and 42,625; Mr. Mandino 42,350, 16,800 and 15,883; Mr. Praw 37,200, 36,675 and 35,600; and Mr. Woram 37,200, 36,675 and 35,600. ■ Premium Payments. The respective aggregate premiums we paid for our NEOs in 2020, 2019 and 2018 for a supplemental medical expense reimbursement plan and life insurance policies, as described under “Other Benefits,” were as follows: Mr. Mezger 14,652, 14,652 and 14,651; Mr. Kaminski 13,152, 13,152 and 13,101; Mr. Mandino 13,092, 13,092 and 13,091; Mr. Praw 12,684, 12,684 and 12,683; and Mr. Woram 13,097, 13,092 and 13,091. ■ Relocation Assistance. In our 2019 fiscal year, Mr. Mandino received 86,754 in relocation-related payments or reimbursements to cover various moving expenses, temporary housing and any personal tax liability associated therewith in connection with his promotion to Chief Operating Officer and move from Colorado to California. In our 2018 fiscal year, Mr. Mandino received 460,441 in such payments or reimbursements. Mr. Mandino received no such assistance in our 2020 fiscal year.	$593,333	—	$775,010	—	$1,209,958	$51,567	$2,629,868

Executive changes

Person	Role	Change	Effective	Filed
Robert R. Dillard	Executive Vice President and Chief Financial Officer	Resigned	2026-05-08	2026-05-01
Jeffrey T. Mezger	Executive Chairman	Appointed	2026-03-01	2026-01-28
Robert V. McGibney	director	Appointed	2026-03-01	2026-01-28
Robert V. McGibney	President and Chief Executive Officer	Appointed	2026-03-01	2026-01-28
Robert R. Dillard	Executive Vice President and Chief Financial Officer	Appointed	2025-03-31	2025-03-24
Cheryl J. Henry	Director	Appointed	2024-10-10	2024-10-10
Robert V. McGibney	President and Chief Operating Officer	Appointed	2024-02-01	2024-01-24

Leadership

Robert V. McGibney CEO, Board Member
Jeffrey T. Mezger Chairman
Robert R. Dillard CFO
Brian J. Woram COO
Mathew W. Mandino COO
Arthur R. Collins Board Member
Brian R. Niccol Board Member
Cheryl J. Henry Board Member
Jodeen A. Kozlak Board Member
Kevin P. Eltife Board Member

Key facts CIK 795266 CUSIP 48666K109 13F (30d) 38 filings 38 filers Visit website Investor relations