KB Home has approved new long-term incentive awards for its named executive officers, granting performance-based restricted stock units (PSUs) under its Amended and Restated 2014 Equity Incentive Plan. The PSUs are tied to a three-year performance period from December 1, 2025, to November 30, 2028. Payouts will be based on the company's achievement of targets in cumulative adjusted earnings per share (40% weight), average adjusted return on invested capital (35% weight), and relative revenue growth compared to peer homebuilders (25% weight). Each executive can earn between 0% and 200% of their target shares, with additional cash payments equal to credited dividend equivalents for each share earned. If performance thresholds are not met, no shares or cash will be awarded. Award Shares granted include 125,022 units for Jeffrey T. Mezger, 60,774 for Robert V. McGibney, and 16,496 each for Albert Z. Praw and Brian J. Woram.