Form 4 for GRBK Green Brick Partners, Inc.
Accepted 2025-03-05 00:00:00 ET · period of report 2025-03-03 · accession 0001373670-25-000016 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-05 | 2025-03-03 | GRBK | Suit Neal J | GC, EVP | A - Grant | $0.00 | +7,533 | 21.8K | +53% | $0 |
| D | 2025-03-05 | 2025-03-03 | GRBK | Suit Neal J | GC, EVP | S - Sale | $59.73 | -2,787 | 19.0K | -13% | -$166.5K |
| DM | 2025-03-05 | 2025-03-03 | GRBK | Suit Neal J | GC, EVP | A - Grant | $0.00 | +8,370 | 2,790 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-03 | A | A | 7,533 | $0.00 | 21,761 | D | — | — | (F1) The reporting person was granted a stock bonus of 7,533 shares of common stock pursuant to his 2024 annual bonus. The shares were fully vested upon issuance. |
| 2 | Common | Common Stock | 2025-03-03 | S | D | 2,787 | $59.73 | 18,974 | D | — | — | (F2) Reflects shares withheld for taxes payable upon the stock bonus award. |
| 3 | Derivative | Performance Based Restricted Stock Units | 2025-03-03 | A | A | 2,790 | $0.00 | 2,790 | D | — · — to — | 2,790 Common Stock | (F5) These Performance-Based Restricted Stock Units (PSUs) convert into shares of Common Stock on a one-for-one basis upon vesting. (F6) These PSUs were granted pursuant to the Company's LTIP and are earned in four segments, (1) 16.66% are earned based on performance during 2025, (2) 16.67% are earned based on performance during each of 2026 and 2027 and (3) 50% are earned based on the Company's three-year performance. The PSUs in each segment can be earned between 50% and 200% based on the Company's performance, provided that the Company's performance exceeds the threshold performance level. Once earned, the PSUs vest on the third anniversary of the Grant Date. |
| 4 | Derivative | Performance Based Restricted Stock Units | 2025-03-03 | A | A | 2,790 | $0.00 | 2,790 | D | — · — to — | 2,790 Common Stock | (F7) These PSUs were granted pursuant to the Company's LTIP and are earned between 50% and 200% based on the Company's performance during the 2025-2027 Performance Period, provided that the Company's performance exceeds the threshold performance level. Once earned, the PSUs vest on the third anniversary of the Grant Date. |
| 5 | Derivative | Restricted Stock Units | 2025-03-03 | A | A | 2,790 | $0.00 | 2,790 | D | — · — to — | 2,790 Common Stock | (F3) The Restricted Stock Units convert into shares of Common Stock on a one-for-one basis upon vesting. (F4) These RSUs were granted pursuant to the Company's Long-Term Incentive Program (the "LTIP") under its 2024 Omnibus Incentive Plan (the "2024 Plan") and vest equally on the first, second and third anniversary of the Grant Date. |