Green Brick (GRBK) Director Reports 6,000-Share Sale at ~$70

Rhea-AI Filing Summary

Richard S. Press, a director of Green Brick Partners, Inc. (GRBK), reported sales of common stock on August 18-19, 2025. He sold 3,000 shares on 08/18/2025 at a weighted average price of $69.75 per share and another 3,000 shares on 08/19/2025 at an average price of $70.21, reducing his direct beneficial ownership from 86,008 shares to 83,008 shares. The filing discloses additional indirect holdings: 136 shares in UTMA custodial accounts, 100 shares in the Press Family Trust, 1,000 shares held by his spouse, 300 shares in Press Family Trust III and 45 shares in Trust UW B Press. The report is signed 08/20/2025.

Positive

• Timely and complete disclosure of insider sales filed and signed on 08/20/2025
• No derivative transactions reported, only straightforward common stock sales

Negative

• Insider sold 6,000 shares in open-market transactions, reducing direct holdings from 86,008 to 83,008 shares
• Sales occurred at market prices between $69.75 and $70.47, indicating insider liquidity that may be interpreted by some investors

Insights

Financial Analyst

TL;DR: Director sold 6,000 GRBK shares over two days, a modest reduction with no other material changes disclosed.

The reported transactions are straightforward open-market sales totaling 6,000 shares at prices ranging from $69.75 to $70.47, yielding a small decline in the reporting persons direct holdings from 86,008 to 83,008 shares. There is no indication in this Form 4 of derivative activity, option exercises, or changes to pledged shares. For investors, this is a routine disclosure of insider liquidity rather than a corporate-development event; the filing does not state the proceeds or purpose of the sales.

Corporate Governance Expert

TL;DR: Insider sales by a director are reported and appear properly disclosed; no governance issues are identified in the filing.

The Form 4 identifies Richard S. Press as a director who executed market sales reported under Section 16. The filing includes customary disclaimers about indirect holdings and shows common-stock holdings across trusts and custodial accounts. The report is signed and dated, with explanatory footnotes on custody and trustee roles, indicating compliance with disclosure norms. The filing does not show related-party transfers or changes in control.

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
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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^*

Press Richard S

(Last) (First) (Middle)

5501 HEADQUARTERS DRIVE SUITE, 300W

(Street)

PLANO TX 75024

(City) (State) (Zip)

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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025

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

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

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

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	08/18/2025		S		3,000	D	$69.75	86,008	D
Common Stock	08/19/2025		S		3,000	D	$70.21(1)	83,008	D
Common Stock								136	I	As custodian for UTMA Accounts for minors(2)(3)
Common Stock								100	I	By Trust (PFT)(3)(4)
Common Stock								1,000	I	By Spouse(3)(5)
Common Stock								300	I	By Trust (PFT III)(3)(6)
Common Stock								45	I	By Trust UW B Press(3)(7)

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

Explanation of Responses:

1. Represents the weighted average price of shares sold. The price of the shares sold ranged from $69.75 to $70.47 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each price.

2. Represents securities held in 7 separate custodial accounts under the UTMA. The Reporting Person is the custodian of the UTMA accounts for the benefit of his grandchildren.

3. For purposes of Section 16 of the Exchange Act, the Reporting Person disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

4. These securities of the Issuer are held by the Press Family Trust. As a Trustee of the Press Family Trust , Richard Press may be deemed to exercise voting and investment power over the shares held directly by the Press Family Trust.

5. The shares reported are held directly by the spouse of the Reporting Person as separate property. For purposes of Section 16 of the Exchange Act, the Reporting Person disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

6. Represents securities held by the Press Family Trust III. As a Trustee of the Press Family Trust III, the Reporting Person may be deemed to exercise voting and investment power over the shares held directly by the Press Family Trust III.

7. Represents securities held by the Trust UW B Press. As a Trustee of the Trust UW B Press, the Reporting Person may be deemed to exercise voting and investment power over the shares held directly by the Trust UW B Press.

Remarks:

	/s/ Richard S. Press	08/20/2025
	** 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.

FAQ

What did the GRBK insider sell and when?

Richard S. Press sold 3,000 shares on 08/18/2025 and 3,000 shares on 08/19/2025 as reported in the Form 4.

At what prices were the GRBK shares sold?

The shares were sold at prices ranging from $69.75 to $70.47; the filing reports a weighted average of $69.75 for 08/18 and $70.21 for 08/19.

How many GRBK shares does the reporting person own after the sales?

After the reported transactions, Richard S. Press directly owned 83,008 shares according to the Form 4.

Does the filing show any derivatives or option exercises for GRBK?

No. Table II for derivative securities shows no transactions or holdings in this Form 4.

Are there any indirect holdings disclosed for the reporting person?

Yes. The filing discloses 136 shares in UTMA custodial accounts, 100 shares in the Press Family Trust, 1,000 shares held by his spouse, 300 shares in Press Family Trust III and 45 shares in Trust UW B Press.

Was the Form 4 signed and dated?

Yes. The Form 4 is signed by Richard S. Press and dated 08/20/2025.