Green Brick CAO reports initial equity holdings
Green Brick Partners, Inc. Chief Accounting Officer Eric John Park filed an initial ownership report showing he directly holds 100 shares of Common Stock.
Rhea-AI Filing Summary
Green Brick Partners, Inc. Chief Accounting Officer Eric John Park filed an initial ownership report showing he directly holds 100 shares of Common Stock. He also has performance-based restricted stock units covering 679 underlying shares that may be earned based on the company’s 2026 financial and operational performance and, once earned, vest on March 2, 2029. Additional restricted stock units correspond to 585, 214, and 675 underlying shares of Common Stock, each converting one-for-one upon vesting on future dates.
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Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
PARK ERIC JOHN
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Based Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,474 contracts (Direct);
Performance Based Restricted Stock Units — 679 contracts (Direct);
Common Stock — 100 shares (Direct)
Footnotes (3)
- F1. The Restricted Stock Units ("RSUs") convert into shares of Common Stock on a one-for-one basis upon vesting.
- F2. These PSUs were granted pursuant to the Company's 2024 Omnibus Equity Incentive Plan and are earned, up to 100%, based on the Company's financial and operational performance during 2026 and, once earned, vest on March 2, 2029.
- F3. The Performance-Based Restricted Stock Units ("PSUs") convert into shares of Common Stock on a one-for-one basis upon vesting.
Key Figures
Direct common shares: 100 shares
Performance-based RSUs underlying shares: 679 shares
RSUs expiring 2028-03-03: 585 shares
+4 more
7 metrics
Direct common shares
100 shares
Common Stock held directly after reported holdings
Performance-based RSUs underlying shares
679 shares
Performance Based Restricted Stock Units tied to 2026 performance
RSUs expiring 2028-03-03
585 shares
Restricted Stock Units converting one-for-one into Common Stock at vesting
RSUs expiring 2027-03-05 (1)
214 shares
Restricted Stock Units with 0.0000 exercise price expiring 2027-03-05
RSUs expiring 2027-03-05 (2)
675 shares
Additional Restricted Stock Units with 0.0000 exercise price expiring 2027-03-05
Performance period for PSUs
2026
Company financial and operational performance year determining PSU earn-out
PSU vesting date
March 2, 2029
Vesting date for any PSUs earned based on 2026 performance
Key Terms
Restricted Stock Units, Performance Based Restricted Stock Units, Omnibus Equity Incentive Plan, vesting
4 terms
Restricted Stock Units financial
"The Restricted Stock Units ("RSUs") convert into shares of Common Stock on a one-for-one basis upon vesting."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Based Restricted Stock Units financial
"The Performance-Based Restricted Stock Units ("PSUs") convert into shares of Common Stock on a one-for-one basis upon vesting."
Performance-based restricted stock units are a form of employee pay where shares are promised but only delivered if the company meets specific performance targets over time. Like a trophy awarded to a team after hitting certain goals, they align employee incentives with business results and can affect future share counts and earnings—so investors watch them for signals about management’s motivation, potential dilution, and the likelihood of meeting growth or profit targets.
Omnibus Equity Incentive Plan financial
"These PSUs were granted pursuant to the Company's 2024 Omnibus Equity Incentive Plan and are earned, up to 100%, based on the Company's financial and operational performance during 2026"
A single, company-wide plan that lets a business grant different kinds of stock-based pay — such as stock options, shares that vest over time, or other equity awards — to employees, directors and consultants. It matters to investors because it determines how much of the company can be paid out in shares, how quickly those shares enter the market, and how well employees are motivated to grow the business; think of it as a toolbox or menu for paying with ownership stakes that can dilute existing holders and affect company performance.
vesting financial
"The Restricted Stock Units ("RSUs") convert into shares of Common Stock on a one-for-one basis upon vesting."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the GRBK Form 3 filing for Eric John Park show?
The Form 3 shows Chief Accounting Officer Eric John Park’s initial holdings, including 100 Common Stock shares and multiple restricted stock unit awards that convert one-for-one into shares of Green Brick Partners upon vesting under company equity plans.
What performance-based equity does GRBK’s Chief Accounting Officer hold?
He holds Performance Based Restricted Stock Units tied to 679 underlying Common Stock shares. These PSUs are earned, up to 100%, based on Green Brick Partners’ financial and operational performance during 2026 and, once earned, vest on March 2, 2029, if conditions are met.
What time-based restricted stock units are reported in the GRBK Form 3?
The filing lists Restricted Stock Units corresponding to 585, 214, and 675 underlying Common Stock shares. These RSUs convert into shares on a one-for-one basis upon vesting on specified future dates, providing additional potential equity exposure for the officer over time.
Under which plan were Green Brick Partners’ performance-based units granted?
The performance-based restricted stock units were granted under Green Brick Partners’ 2024 Omnibus Equity Incentive Plan. They are earned based on the company’s 2026 financial and operational performance, with any earned units vesting on March 2, 2029, according to the disclosed terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
