Equity grants give Green Brick Partners (GRBK) CFO new RSUs, PSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Green Brick Partners CFO Jeffery Dean Cox received new equity awards in the form of restricted stock units and performance-based restricted stock units. On March 26, 2026, he was granted 3,332 RSUs and two separate grants of 3,332 performance-based RSUs, all at an exercise price of $0.00 per unit.
The RSUs convert into common stock on a one-for-one basis and vest in three equal installments on the first, second, and third anniversaries of the grant date under the 2024 Omnibus Incentive Plan. The PSUs also convert one-for-one into common stock but are earned between 50% and 200% based on company performance above a threshold level, then vest on the third anniversary once earned. One PSU grant is earned in four performance segments tied to one-year and three-year performance periods.
The filing also lists existing unvested RSU and PSU holdings and shows Cox directly owns 734 shares of common stock as of the reported date. The transactions are compensation-related awards, with no open-market purchases or sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
COX JEFFERY DEAN
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,332 | $0.00 | -- |
| Grant/Award | Performance Based Restricted Stock Units | 3,332 | $0.00 | -- |
| Grant/Award | Performance Based Restricted Stock Units | 3,332 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Based Restricted Stock Units | -- | -- | -- |
| holding | Performance Based Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,332 shares (Direct);
Performance Based Restricted Stock Units — 3,332 shares (Direct);
Common Stock — 734 shares (Direct)
Footnotes (1)
- The Restricted Stock Units ("RSUs") convert into shares of Common Stock on a one-for-one basis upon vesting. These RSUs were granted pursuant to the Company's Long-Term Incentive Program (the "LTIP") under its 2024 Omnibus Incentive Plan (the "Plan") and vest equally on the first, second and third anniversary of the Grant Date. The Performance-Based Restricted Stock Units ("PSUs") convert into shares of Common Stock on a one-for-one basis upon vesting. These PSUs were granted pursuant to the Company's LTIP and are 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. These PSUs were granted pursuant to the Company's LTIP and are earned in four segments, (1) 50% are earned based on the Company's three-year performance, (2) 16.66% are earned based on performance during the first year, and (3) 16.67% are earned based on performance during each of the second and third years. 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.
FAQ
What did Green Brick (GRBK) CFO Jeffery Dean Cox report in this Form 4?
CFO Jeffery Dean Cox reported equity compensation grants, not open-market trades. He received new restricted stock units and performance-based restricted stock units that convert one-for-one into common stock under the company’s long-term incentive program and 2024 Omnibus Incentive Plan.
How many RSUs did the Green Brick (GRBK) CFO receive and how do they vest?
He received 3,332 restricted stock units. These RSUs convert into common stock on a one-for-one basis and vest in three equal installments on the first, second, and third anniversaries of the March 26, 2026 grant date under the company’s long-term incentive program.
How are Green Brick (GRBK) performance-based RSUs earned and vested for the CFO?
The performance-based RSUs are earned between 50% and 200% based on Green Brick’s performance exceeding a threshold level. Once earned, they vest on the third anniversary of the grant date, converting into common stock on a one-for-one basis, subject to the long-term incentive program rules.
What is unique about one of the performance-based RSU grants for Green Brick (GRBK) CFO?
One PSU grant is earned in four segments: 50% based on three-year performance, 16.66% based on first-year performance, and 16.67% based on each of the second and third years, with each segment earned between 50% and 200% depending on company performance.
Does this Green Brick (GRBK) Form 4 show any stock sales or open-market trades by the CFO?
No, the Form 4 does not show any stock sales or open-market purchases. It reports compensation-related grants of restricted stock units and performance-based restricted stock units, plus updated holdings, rather than discretionary buying or selling of Green Brick common stock.
What ongoing equity holdings does the Green Brick (GRBK) CFO have after these grants?
After these grants, the filing lists multiple unvested RSU and PSU positions tied to common stock, with various expiration or vesting dates, and shows direct ownership of 734 shares of common stock as of the reported date, reflecting both existing and newly awarded equity interests.