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Green Brick Partners, Inc 8-K Filings

GRBK NYSE

Every 8-K that Green Brick Partners, Inc (GRBK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow GRBK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GRBK filings page.

Rhea-AI Summary

Green Brick Partners, Inc. (GRBK) reported that on August 21, 2026, director Harry Brandler resigned from its Board of Directors, effective immediately. The company states that Mr. Brandler resigned to focus on recent business ventures and non-profit activities and that his resignation was not due to any disagreement with Green Brick Partners regarding its operations, policies, or practices.

Rhea-AI Summary

Green Brick Partners, Inc. announced that President and Chief Operating Officer Jed Dolson will be promoted to Co-Chief Executive Officer effective October 15, 2026, as part of the board’s long-term succession planning process. Biographical and certain governance information about Mr. Dolson is incorporated by reference from the company’s 2026 proxy statement.

The company states there are no arrangements with other persons underlying his promotion, no related party transactions requiring disclosure, and no family relationships with its directors or executive officers. A press release detailing the promotion is furnished as an exhibit. Green Brick Partners is a diversified homebuilding and land development company operating in Texas, Georgia, and Florida.

Rhea-AI Summary

Green Brick Partners reported Q2 2026 net income attributable of $74 million, or $1.70 per diluted share. Home closing revenue was $471 million, and homebuilding gross margin was 29.8%, compared with 31.3% a year earlier, as the average sales price of homes delivered was 450.3 versus 511.1 (dollars in thousands).

Net new home orders rose 18.8% to 1,079, while backlog was 681 homes with revenue of 387,376 (dollars in thousands). Financial services operating income increased 90.2% to 5,639 (dollars in thousands). Liquidity totaled $462 million, including $132 million of cash, with homebuilding net debt-to-total capitalization of 6.1% and 39,588 lots owned.

The company also declared a quarterly dividend of $0.35938 per Series A depositary share, payable September 15, 2026 to holders of record on September 1, 2026, reflecting a 5.75% annual dividend rate on the $25 per-share liquidation preference.

Rhea-AI Summary

Green Brick Partners, Inc. reported the results of its Annual Meeting of Stockholders held on July 1, 2026. Stockholders elected seven directors, each to serve until the 2027 annual meeting and until a successor is duly elected and qualified or earlier departure.

Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers, indicating support for current pay practices. In addition, they ratified the appointment of RSM US LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, confirming the existing audit relationship.

Rhea-AI Summary

Green Brick Partners, Inc. appointed Eric Park as Chief Accounting Officer, effective June 8, 2026, and he will serve as the company’s principal accounting officer. Park has been Vice President, Corporate Controller since February 2024 and previously spent over a decade in accounting roles at KPMG and Topgolf.

In connection with his promotion, the Compensation Committee approved a base salary of $300,000, an annual incentive target bonus of $200,000 and a Performance Restricted Stock Unit award of $175,000. The company states there are no related party transactions or family relationships involving Park that require disclosure.

Rhea-AI Summary

Green Brick Partners reported lower first-quarter 2026 results while announcing an accounting restatement and a preferred dividend. Net income was $60.9 million with diluted EPS of $1.39, as total homebuilding revenues fell to $456.0 million and homebuilding gross margin slipped to 28.9% from 32.1% a year earlier.

The company delivered 908 homes and logged 1,037 net new orders, with backlog revenue at $381.3 million on 649 units, both down sharply year over year. Financial services revenues nearly doubled to $9.5 million, driven by strong growth at Green Brick Mortgage.

Green Brick will restate prior-period results to reclassify closing cost incentives from costs to a reduction of residential units revenue, which it states will not change gross profit, net income, EPS, cash flow, or equity. The company also declared a quarterly dividend of $0.35938 per Series A depositary share, based on a 5.75% rate on the $25,000 liquidation preference per preferred share. Leverage remained low, with homebuilding debt to capital at 11.5% and net homebuilding debt to capital at 5.5%.

Rhea-AI Summary

Green Brick Partners plans to restate prior financials to correct how it reports residential units revenue. Closing cost incentives offered to homebuyers, including interest-rate buy-downs, will be reclassified from cost of residential units to reduce reported revenue instead.

For 2024, residential unit revenue will be restated from $2,070,136 thousand to $2,032,668 thousand, while cost of residential units falls from $1,370,888 thousand to $1,333,420 thousand. Gross margin on residential unit revenue for 2024 increases from 33.8% to 34.4%. Similar adjustments apply to 2023, 2025 and specified 2025 quarters.

The company states that the restatement does not change gross profit, operating income, net income, earnings per share, cash flow, stockholders’ equity, debt covenant compliance, or the underlying economics of its business.

Rhea-AI Summary

Green Brick Partners, Inc. is changing how it reports certain homebuyer incentives in its financial statements. The company’s audit committee determined that closing cost incentives, including interest-rate buydowns, should reduce residential units revenue rather than be recorded as cost of residential units under ASC 606.

As a result, Green Brick will restate its audited financial statements for the years ended December 31, 2023, 2024 and 2025, and related 2025 interim quarters, via a Form 10‑K/A. The change will lower reported revenues and costs in equal amounts, increase gross margin, and reduce metrics such as average sales price and SG&A leverage, but it will not affect gross profit, net income, earnings per share, cash flow, the balance sheet, or stockholders’ equity.

Rhea-AI Summary

Green Brick Partners reported record operating activity for 2025 but lower profit versus the prior year. For the fourth quarter, net income attributable to the company was $78 million, or $1.78 per diluted share, on home closings revenue of $550 million and a homebuilding gross margin of 29.4%.

For the full year 2025, net income attributable to Green Brick was $313 million, or $7.07 per diluted share, with 3,943 new homes delivered and home closings revenue of $2,091 million. Full-year homebuilding gross margin was 30.5%, reflecting strong profitability despite pressure versus 2024. New home deliveries and home closings revenue were the highest in the company’s history, while net new home orders of 3,795 also set a record.

The company highlighted a low fourth-quarter cancellation rate of 7.6% and cash of $154.6 million with no borrowings on revolving credit facilities, supporting total liquidity of about $520 million. Green Brick repurchased approximately 1.4 million shares for $83 million in 2025 and adopted a new $150 million share repurchase plan, while maintaining a homebuilding debt-to-total capital ratio of 12.8% and a net homebuilding debt-to-total capital ratio of 6.3%.

Rhea-AI Summary

Green Brick Partners, Inc. has declared a quarterly cash dividend on its 5.75% Series A Cumulative Perpetual Preferred Stock, payable through its depositary shares. Holders of record of the Series A Depositary Shares (ticker GRBK PRA) on March 2, 2026 will receive the dividend on March 13, 2026.

The dividend is $359.38 per share of Series A Preferred Stock, which equals $0.35938 per Series A Depositary Share, covering the period from December 15, 2025 through, but not including, March 15, 2026. This reflects a 5.75% annual rate on the $25,000 liquidation preference per preferred share, or $25 per depositary share, equivalent to $1,437.50 per preferred share or $1.4375 per depositary share each year.

Rhea-AI Summary

Green Brick Partners amended its revolving credit facility on December 10, 2025 through a Thirteenth Amendment that reduces both the SOFR spread and the base rate spread. The total lender commitments remain at $330 million, and the maturity of all commitments is extended to December 14, 2028, providing longer-term access to this source of funding.

On December 11, 2025, the board authorized a new share repurchase program of up to $150.0 million of common stock, which will begin once the company has exhausted its previously approved $100.0 million repurchase program. The new plan has no time deadline, allows repurchases in the open market, through block trades, or privately negotiated transactions based on market and business conditions and legal requirements, and specifies that all repurchased shares will be retired.

Rhea-AI Summary

Green Brick Partners, Inc. (GRBK) furnished an update on operations by announcing its third-quarter results for the period ended September 30, 2025, via a press release, and declared the next quarterly dividend on its 5.75% Series A Cumulative Perpetual Preferred Stock depositary shares.

Holders of record on December 1, 2025 will receive $0.35938 per Series A Depositary Share on December 15, 2025, covering September 15, 2025 through December 15, 2025. The dividend reflects a 5.75% rate on the $25,000 liquidation preference per preferred share (equivalent to $25.00 per depositary share) and equals $359.38 per preferred share, or $1.4375 per depositary share per year.