Green Brick Partners (GRBK) CEO receives time- and performance-based RSUs

Rhea-AI Filing Summary

Green Brick Partners, Inc. reported that Chief Executive Officer James R. Brickman received equity-based compensation awards in the form of restricted stock units and performance-based restricted stock units, each covering 16,917 underlying shares of common stock. These RSUs vest in three equal annual installments, while the PSUs can be earned at 50% to 200% of target based on the company’s performance over one and three-year periods and then vest on the third anniversary of the grant date. Following these awards, Brickman holds common stock directly and indirectly, along with previously granted RSUs and performance-based RSUs that convert into common shares on a one-for-one basis upon vesting.

Insider Trade Summary

8 transactions reported

Mixed 8 txns

Insider Brickman James R.

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	16,917	$0.00	--
Grant/Award	Performance Based Restricted Stock Units	16,917	$0.00	--
Grant/Award	Performance Based Restricted Stock Units	16,917	$0.00	--
holding	Restricted Stock Units	--	--	--
holding	Performance Based Restricted Stock Units	--	--	--
holding	Performance Based Restricted Stock Units	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 16,917 shares (Direct); Performance Based Restricted Stock Units — 16,917 shares (Direct); Common Stock — 1,652,861 shares (Direct); Common Stock — 300,000 shares (Indirect, By Jim and Susan Brickman Grandchildren's Trust)

Footnotes (1)

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. These 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 in four segments, (1) 16.66% are earned based on performance during the first year, (2) 16.67% are earned based on performance during each of the second and third years 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, provided that the Company's performance exceeds the threshold performance level. Once earned, the PSUs vest on the third anniversary of the Grant Date.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Brickman James R.

(Last) (First) (Middle)

5501 HEADQUARTERS DRIVE, SUITE 300W

(Street)

PLANO TEXAS 75024

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Green Brick Partners, Inc. [ GRBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								1,652,861	D
Common Stock								300,000	I	By Jim and Susan Brickman Grandchildren's Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)							(2)	(2)	Common Stock	12,278		12,278	D
Performance Based Restricted Stock Units	(3)							(4)	(4)	Common Stock	18,416		18,416	D
Performance Based Restricted Stock Units	(3)							(5)	(5)	Common Stock	18,416		18,416	D
Restricted Stock Units	(1)	03/26/2026	03/26/2026	A		16,917		(2)	(2)	Common Stock	16,917	$0	16,917	D
Performance Based Restricted Stock Units	(3)	03/26/2026	03/26/2026	A		16,917		(4)	(4)	Common Stock	16,917	$0	16,917	D
Performance Based Restricted Stock Units	(3)	03/26/2026	03/26/2026	A		16,917		(5)	(5)	Common Stock	16,917	$0	16,917	D

Explanation of Responses:

1. The Restricted Stock Units ("RSUs") convert into shares of Common Stock on a one-for-one basis upon vesting.

2. 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.

3. These Performance-Based Restricted Stock Units ("PSUs") convert into shares of Common Stock on a one-for-one basis upon vesting.

4. 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 the first year, (2) 16.67% are earned based on performance during each of the second and third years 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.

5. 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.

Remarks:

	/s/ James R. Brickman	03/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did GRBK CEO James R. Brickman receive in this Form 4?

James R. Brickman received restricted stock units and performance-based restricted stock units, each covering 16,917 shares of common stock. These awards are part of Green Brick Partners’ long-term incentive program under its 2024 Omnibus Incentive Plan.

How do the GRBK restricted stock units (RSUs) for James Brickman vest?

The RSUs granted to James Brickman vest in three equal annual installments on the first, second and third anniversaries of the grant date. Once vested, each RSU converts into one share of Green Brick Partners common stock.

How are the GRBK performance-based RSUs for James Brickman earned?

The performance-based RSUs are earned between 50% and 200% of the target amount based on Green Brick Partners’ performance. Portions are tied to performance in each of the first three years and to three-year performance, then vest on the third anniversary of the grant date.

What does one-for-one conversion mean for GRBK RSUs and PSUs?

One-for-one conversion means each vested restricted stock unit or performance-based restricted stock unit converts into a single share of Green Brick Partners common stock. This structure directly links the number of vested units to the number of shares ultimately received.

Are the GRBK equity awards to James Brickman open-market purchases or compensation grants?

The equity awards are compensation-related grants, not open-market purchases. They were issued under Green Brick Partners’ long-term incentive program, with no purchase price per share and vesting based on time and performance conditions.

Does James Brickman hold GRBK shares indirectly through a trust?

Yes. The filing shows indirect ownership of common stock through the Jim and Susan Brickman Grandchildren's Trust, in addition to James Brickman’s direct holdings and his various restricted stock unit awards.