STOCK TITAN

Executive RSUs vest at Green Brick Partners (NYSE: GRBK); shares withheld

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Green Brick Partners executive Neal J. Suit, the General Counsel and EVP, reported equity compensation activity involving restricted stock units. On March 3, 2026, 930 RSUs vested and converted into 930 shares of Common Stock at $0.00 under the company’s long-term incentive plan. To cover taxes upon vesting, 366 Common shares were withheld at a price of $72.40 per share, characterized as a tax-withholding disposition rather than an open-market sale. Following these transactions, he directly held 17,986 shares of Common Stock and 1,860 RSUs, along with 2,790 performance-based RSUs that can convert into Common Stock on a one-for-one basis upon meeting performance and vesting conditions.

Positive

  • None.

Negative

  • None.
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*
Suit Neal J

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel & EVP
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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 03/03/2026 M 930(1) A $0 18,352 D
Common Stock 03/03/2026 F 366(2) D $72.4 17,986 D
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 (3) 03/03/2026 M 930 (4) (4) Common Stock 930 $0 1,860 D
Performance Based Restricted Stock Units (5) (6) (6) Common Stock 2,790 2,790 D
Performance Based Restricted Stock Units (5) (7) (7) Common Stock 2,790 2,790 D
Explanation of Responses:
1. Represents the vesting of Restricted Stock Units ("RSUs") granted pursuant to the Company's Long-Term Incentive Program (the "LTIP") under its 2024 Omnibus Incentive Plan (the "Plan").
2. Reflects shares withheld for taxes payable upon the vesting of RSUs.
3. The RSUs convert into shares of Common Stock on a one-for-one basis upon vesting.
4. These RSUs were granted pursuant to the Company's LTIP under the Plan and vest equally on the first, second and third anniversary of the Grant Date.
5. These Performance-Based Restricted Stock Units ("PSUs") convert into shares of Common Stock on a one-for-one basis upon vesting.
6. 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.
7. 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.
Remarks:
/s/ Neal J. Suit 03/04/2026
** 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.

FAQ

What insider transactions did GRBK executive Neal J. Suit report?

Neal J. Suit reported 930 RSUs vesting and converting into Common Stock and a 366-share tax-withholding disposition on March 3, 2026. These transactions reflect equity compensation activity under Green Brick Partners’ long-term incentive plan rather than open-market buying or selling.

How many Green Brick Partners shares does Neal J. Suit hold after this Form 4?

After the reported transactions, Neal J. Suit directly holds 17,986 shares of Common Stock, plus 1,860 restricted stock units and 2,790 performance-based RSUs. The RSUs and performance-based RSUs each convert into one share of Common Stock per unit upon vesting and performance satisfaction.

Were any of Neal J. Suit’s GRBK transactions open-market sales or purchases?

No open-market trades were reported. The Form 4 shows RSU vesting and conversion coded as “M” and a tax-withholding disposition coded as “F”. The 366 shares were withheld to pay taxes on vesting, not sold voluntarily on the open market.

What do the performance-based RSUs for GRBK’s Neal J. Suit represent?

The performance-based RSUs are awards that convert into Common Stock on a one-for-one basis once earned and vested. They are earned in specified segments over 2025–2027, with payout levels between 50% and 200% depending on Green Brick Partners’ performance.

How were the 930 RSUs for GRBK’s Neal J. Suit granted and vested?

The 930 RSUs were granted under Green Brick Partners’ 2024 Omnibus Incentive Plan and its long-term incentive program. They vested on March 3, 2026, converting into an equal number of Common shares, with a portion of those shares withheld to satisfy associated tax liabilities.
Green Brick Partners Inc

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3.06B
39.82M
Residential Construction
Operative Builders
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United States
PLANO