Green Brick CAO awarded 1,375 performance RSUs
Green Brick Partners, Inc. Chief Accounting Officer Eric John Park reported an equity compensation update.
Rhea-AI Filing Summary
Green Brick Partners, Inc. Chief Accounting Officer Eric John Park reported an equity compensation update. He received a grant of 1,375 Performance Based Restricted Stock Units that convert into common shares on a one-for-one basis when they vest. These PSUs are earned, up to 100%, based on the company’s financial and operational performance during 2026 and, once earned, will vest on March 2, 2029. The filing also shows he directly holds common stock and additional time- and performance-based restricted stock units from earlier awards.
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Insider Trade Summary
Grant/Award: 1,375 shares
Grant/Award
6 txns
Insider
PARK ERIC JOHN
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Based Restricted Stock Units | 1,375 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Based Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Based Restricted Stock Units — 2,054 contracts for 679 underlying shares (Direct);
Restricted Stock Units — 1,474 contracts (Direct);
Common Stock — 100 shares (Direct)
Footnotes (3)
- F1. The Restricted Stock Units ("RSUs") convert into shares of Common Stock on a one-for-one basis upon vesting.
- F2. The Performance-Based Restricted Stock Units ("PSUs") convert into shares of Common Stock on a one-for-one basis upon vesting.
- F3. These PSUs were granted pursuant to the Company's 2024 Omnibus Equity Incentive Plan and are earned, up to 100%, based on the Company's financial and operational performance during 2026 and, once earned, vest on March 2, 2029.
Key Figures
New PSU grant: 1,375 units
Common stock held: 100 shares
Existing PSUs underlying shares: 679 shares
+3 more
6 metrics
New PSU grant
1,375 units
Performance Based Restricted Stock Units granted on 2026-06-15
Common stock held
100 shares
Direct ownership following reported transactions
Existing PSUs underlying shares
679 shares
Performance Based Restricted Stock Units convertible into common stock
RSUs expiring 2028-03-03
585 underlying shares
Restricted Stock Units convertible into common stock at vesting
RSUs expiring 2027-03-05
214 underlying shares
Restricted Stock Units series 1, underlying common stock
Additional RSUs expiring 2027-03-05
675 underlying shares
Restricted Stock Units series 2, underlying common stock
Key Terms
Performance Based Restricted Stock Units, Restricted Stock Units, 2024 Omnibus Equity Incentive Plan, performance-based restricted stock units
4 terms
Performance Based Restricted Stock Units financial
"The Performance-Based Restricted Stock Units ("PSUs") convert into shares of Common Stock on a one-for-one basis upon vesting."
Performance-based restricted stock units are a form of employee pay where shares are promised but only delivered if the company meets specific performance targets over time. Like a trophy awarded to a team after hitting certain goals, they align employee incentives with business results and can affect future share counts and earnings—so investors watch them for signals about management’s motivation, potential dilution, and the likelihood of meeting growth or profit targets.
Restricted Stock Units financial
"The Restricted Stock Units ("RSUs") convert into shares of Common Stock on a one-for-one basis upon vesting."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2024 Omnibus Equity Incentive Plan financial
"These PSUs were granted pursuant to the Company's 2024 Omnibus Equity Incentive Plan and are earned, up to 100%, based on the Company's financial and operational performance during 2026."
performance-based restricted stock units financial
"These PSUs were granted pursuant to the Company's 2024 Omnibus Equity Incentive Plan and are earned, up to 100%, based on the Company's financial and operational performance during 2026."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Green Brick Partners (GRBK) disclose about Eric John Park in this Form 4?
Green Brick Partners reported an equity award for Chief Accounting Officer Eric John Park. He received 1,375 performance-based restricted stock units that can convert into common shares, plus the filing lists his existing common stock and restricted stock unit holdings.
How many performance-based restricted stock units did GRBK’s CAO receive?
Eric John Park received 1,375 Performance Based Restricted Stock Units. These units convert into shares of common stock on a one-for-one basis, subject to meeting financial and operational performance goals during 2026 and subsequent vesting conditions.
When do the new GRBK performance-based restricted stock units vest if earned?
Once earned based on 2026 performance, the new performance-based restricted stock units vest on March 2, 2029. At vesting, each unit converts into one share of Green Brick Partners common stock per the terms described in the Form 4 footnotes.
What other equity holdings does Eric John Park report in GRBK stock?
The Form 4 shows Eric John Park directly holds 100 shares of Green Brick Partners common stock. It also lists multiple existing restricted stock unit awards, both time-based and performance-based, each convertible into common stock on a one-for-one basis upon vesting.
Under which plan were the new GRBK performance-based units granted?
The newly granted performance-based restricted stock units were issued under Green Brick Partners’ 2024 Omnibus Equity Incentive Plan. This plan provides stock-based compensation, with the specific PSU award tied to the company’s financial and operational performance during 2026 before vesting in 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
