KB Home ( (KBH) ) has issued an announcement.
KB Home’s board has approved long-term incentive awards for its top executives, linking their potential stock bonuses to company performance metrics over a three-year period starting December 2024. The performance-based restricted stock units (PSUs) offer executives a chance to earn up to 200% of their initial target shares, depending on KB Home’s earnings per share, return on invested capital, and revenue growth compared to peers. This move aims to align executive rewards with company success and shareholder value.
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