[Form 4] Green Brick Partners, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Green Brick Partners EVP of Land Samuel Bobby L III reported vesting of restricted stock units and related share movements. On the reported date, 4,524 and 4,378 RSUs vested and were converted into an equal number of Green Brick common shares at no exercise price under the company’s 2024 Omnibus Incentive Plan.
To cover taxes due at vesting, 3,058 common shares were disposed of at $70.26 per share through share withholding rather than an open-market sale. After these transactions, he continued to hold common stock directly, along with time-based and performance-based RSU awards that convert into common shares on a one-for-one basis upon future vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,902 shares exercised/converted
Mixed
10 txns
Insider
SAMUEL BOBBY L III
Role
EVP of Land
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,524 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,378 | $0.00 | -- |
| Exercise | Common Stock | 4,524 | $0.00 | -- |
| Exercise | Common Stock | 4,378 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,058 | $70.26 | $215K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Based Restricted Stock Units | -- | -- | -- |
| holding | Performance Based Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 9,463 shares (Direct);
Performance Based Restricted Stock Units — 2,790 shares (Direct)
Footnotes (1)
- Represents the Restricted Stock Units ("RSU"s) that vested under the Company's 2024 Omnibus Incentive Plan (the "Plan") Reflects shares withheld for taxes payable upon the vesting of the RSUs. The 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 ("LTIP") under the Plan and vest equally on the first, second and third anniversary of the Grant Date. These Performance-Based Restricted Stock Units ("PSU"s) 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 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. 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.
