Director Lila A. Murphy receives 3,801 GRBK shares in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Green Brick Partners, Inc. director Lila A. Murphy acquired 3,801 shares of common stock through a grant of restricted stock. The award, made under the company’s 2024 Omnibus Equity Incentive Plan and in lieu of some cash director fees, will vest in full on the first anniversary of the grant date, bringing her direct holdings to 22,384 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MURPHY LILA A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,801 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,384 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did GRBK director Lila A. Murphy report?
Lila A. Murphy reported receiving 3,801 shares of GRBK common stock as a restricted stock award. The grant reflects her annual non-employee director equity compensation and shares elected instead of cash fees, increasing her direct holdings to 22,384 shares after the transaction.
Was the GRBK stock award to Lila A. Murphy a purchase or a grant?
The transaction was a share grant, not an open-market purchase. It is classified as a grant, award, or other acquisition of common stock, issued as director compensation under Green Brick Partners’ 2024 Omnibus Equity Incentive Plan and in lieu of certain cash fees.
What plan governed the GRBK restricted stock award to Lila A. Murphy?
The restricted stock award was issued under Green Brick Partners’ 2024 Omnibus Equity Incentive Plan. This plan provides equity-based compensation to eligible participants, including non-employee directors, allowing part of their board compensation to be paid in restricted common stock instead of cash.