GRBK Form 3: Interim CFO Jeffery Cox Discloses 2,349 RSUs
Green Brick Partners (GRBK) filed a Form 3 reporting the initial beneficial ownership of newly appointed Interim CFO Jeffery Dean Cox.
Rhea-AI Filing Summary
Green Brick Partners (GRBK) filed a Form 3 reporting the initial beneficial ownership of newly appointed Interim CFO Jeffery Dean Cox. Effective 03/17/2025, Cox directly holds 2,349 Restricted Stock Units (RSUs) that convert 1-for-1 into common shares: 235 RSUs vest on 03/06/2026, 1,696 on 03/05/2027 and 418 on 03/03/2028. No non-derivative shares or indirect holdings are disclosed. This establishes Cox’s baseline insider position under Section 16 and signals basic equity alignment with shareholders, though the stake is immaterial relative to GRBK’s share count.
Positive
- None.
Negative
- None.
Insights
TL;DR – Form 3 shows Interim CFO owns 2,349 RSUs; minimal size, informational only, neutral valuation impact.
The filing is a routine compliance disclosure required when an executive first becomes an insider. Cox’s 2,349 RSUs represent a very small fraction of Green Brick Partners’ outstanding shares and carry no immediate cash impact. While equity ownership modestly aligns management and shareholder interests, the award size is insufficient to influence corporate governance or capital structure. No purchases, sales, or derivative exercises are reported, so there is no signal on insider sentiment. Overall, the document is not materially impactful for valuation or trading decisions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (1)
- F1. The Restricted Stock Units convert into shares of Common Stock on a one-for-one basis upon vesting.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When do the RSUs held by GRBK’s Interim CFO vest?
Does the Form 3 report any direct stock purchases or sales by the Interim CFO?
Why was this Form 3 filed for Green Brick Partners (GRBK)?
AI-generated analysis. How Rhea-AI works. Not financial advice.