KB Home announced its 2024 fiscal year incentive awards, which were determined by the board of directors' management development and compensation committee on January 23, 2025. For the 2024 fiscal year, eligible participants in KB Home’s annual incentive compensation program received their incentives in both cash and restricted stock. The shares of restricted stock, which will vest in equal installments over three years starting from January 25, 2026, were valued at $67.72 per share, based on the closing price of KB Home's stock on January 23, 2025.

The incentive awards to the company's named executive officers are as follows:

- Jeff J. Kaminski: Total Annual Incentive: $2,249,419 (all in cash).
- Robert V. McGibney: Total Annual Incentive: $3,768,968 (all in cash).
- Jeffrey T. Mezger: Total Annual Incentive: $7,795,702 ($6,295,702 in cash, $1,500,000 in restricted stock, or 22,150 shares).
- Albert Z. Praw: Total Annual Incentive: $1,803,306 (all in cash).
- Brian J. Woram: Total Annual Incentive: $1,671,502 ($1,601,600 in cash, $69,902 in restricted stock, or 1,032 shares).