Welcome to our dedicated page for Green Brick Partners SEC filings (Ticker: GRBK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Green Brick Partners, Inc. filings document the company’s homebuilding results, land development activity, capital structure, and material corporate events. Recent Form 8-K disclosures include quarterly and annual operating results, home deliveries, net new home orders, home closings revenue, margins, debt and capital metrics, and common stock repurchase activity.
The filing record also covers the company’s Series A Cumulative Perpetual Preferred Stock and related depositary-share dividends, amendments to its revolving credit agreement, and revenue-recognition restatement matters involving closing cost incentives and interest-rate buydowns. These disclosures address financing arrangements, shareholder distributions, accounting conclusions, governance actions, and the formal reporting of events affecting Green Brick’s public-company obligations.
Green Brick Partners, Inc. filed an amendment to its annual report to add detailed Part III information on directors, executive officers, governance and 2025 executive compensation, without changing previously reported financial statements.
The company reports an aggregate market value of voting stock held by non‑affiliates of $1,919,559,894 as of June 30, 2025 and 43,157,292 common shares outstanding as of February 20, 2026. The amendment describes a pay‑for‑performance program where, for 2025, about 81% of the CEO’s target direct compensation and an average of 71% for other named executives was performance‑based, including a new long‑term incentive plan using return on assets and relative total shareholder return over a three‑year period.
For 2025, earnings per share of $7.07 resulted in partial payout on the EPS bonus component, while strong performance versus a 13‑builder peer set led to maximum payouts on relative growth metrics. CEO total compensation for 2025 was $13,400,745, compared with median employee pay of $109,850, yielding a CEO pay ratio of 122 to 1. The filing also details severance and change‑in‑control terms, stock ownership guidelines, clawback provisions and committee oversight of compensation and governance.
Green Brick Partners reported lower first-quarter 2026 results while announcing an accounting restatement and a preferred dividend. Net income was $60.9 million with diluted EPS of $1.39, as total homebuilding revenues fell to $456.0 million and homebuilding gross margin slipped to 28.9% from 32.1% a year earlier.
The company delivered 908 homes and logged 1,037 net new orders, with backlog revenue at $381.3 million on 649 units, both down sharply year over year. Financial services revenues nearly doubled to $9.5 million, driven by strong growth at Green Brick Mortgage.
Green Brick will restate prior-period results to reclassify closing cost incentives from costs to a reduction of residential units revenue, which it states will not change gross profit, net income, EPS, cash flow, or equity. The company also declared a quarterly dividend of $0.35938 per Series A depositary share, based on a 5.75% rate on the $25,000 liquidation preference per preferred share. Leverage remained low, with homebuilding debt to capital at 11.5% and net homebuilding debt to capital at 5.5%.
Green Brick Partners plans to restate prior financials to correct how it reports residential units revenue. Closing cost incentives offered to homebuyers, including interest-rate buy-downs, will be reclassified from cost of residential units to reduce reported revenue instead.
For 2024, residential unit revenue will be restated from $2,070,136 thousand to $2,032,668 thousand, while cost of residential units falls from $1,370,888 thousand to $1,333,420 thousand. Gross margin on residential unit revenue for 2024 increases from 33.8% to 34.4%. Similar adjustments apply to 2023, 2025 and specified 2025 quarters.
The company states that the restatement does not change gross profit, operating income, net income, earnings per share, cash flow, stockholders’ equity, debt covenant compliance, or the underlying economics of its business.
Green Brick Partners, Inc. is changing how it reports certain homebuyer incentives in its financial statements. The company’s audit committee determined that closing cost incentives, including interest-rate buydowns, should reduce residential units revenue rather than be recorded as cost of residential units under ASC 606.
As a result, Green Brick will restate its audited financial statements for the years ended December 31, 2023, 2024 and 2025, and related 2025 interim quarters, via a Form 10‑K/A. The change will lower reported revenues and costs in equal amounts, increase gross margin, and reduce metrics such as average sales price and SG&A leverage, but it will not affect gross profit, net income, earnings per share, cash flow, the balance sheet, or stockholders’ equity.
Green Brick Partners EVP of Land Samuel Bobby III received new stock-based awards. On March 26, 2026, he was granted 2,563 Restricted Stock Units (RSUs) and two separate grants of 2,563 Performance-Based Restricted Stock Units (PSUs), each convertible into common shares on a one-for-one basis upon vesting.
The RSUs were granted under the company’s Long-Term Incentive Program and vest in three equal installments on the first, second, and third anniversaries of the grant date. The PSUs are also granted under the same program and can be earned between 50% and 200% of the target amount based on company performance above specified thresholds, then vest on the third anniversary of the grant date.
Following these awards, Bobby also reports direct holdings of 10,783 shares of common stock and multiple outstanding RSU and PSU awards tied to future performance and service conditions. The filing shows no open‑market purchases or sales; all reported acquisitions are compensation-related grants.
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.
Green Brick Partners CFO Jeffery Dean Cox received new equity awards in the form of restricted stock units and performance-based restricted stock units. On March 26, 2026, he was granted 3,332 RSUs and two separate grants of 3,332 performance-based RSUs, all at an exercise price of $0.00 per unit.
The RSUs convert into common stock on a one-for-one basis and vest in three equal installments on the first, second, and third anniversaries of the grant date under the 2024 Omnibus Incentive Plan. The PSUs also convert one-for-one into common stock but are earned between 50% and 200% based on company performance above a threshold level, then vest on the third anniversary once earned. One PSU grant is earned in four performance segments tied to one-year and three-year performance periods.
The filing also lists existing unvested RSU and PSU holdings and shows Cox directly owns 734 shares of common stock as of the reported date. The transactions are compensation-related awards, with no open-market purchases or sales reported.
Dolson Jed reported acquisition or exercise transactions in this Form 4 filing.
Green Brick Partners, Inc. President and COO Jed Dolson reported equity compensation grants in the form of restricted stock units and performance-based restricted stock units. On the grant date, he received 12,816 restricted stock units and two separate grants of 12,816 performance-based restricted stock units, each convertible into common stock on a one-for-one basis upon vesting. The restricted stock units vest in three equal installments on the first, second, and third anniversaries of the grant date under the company’s long-term incentive program and 2024 omnibus incentive plan. The performance-based units are earned based on company performance, with each award eligible to be earned between 50% and 200% of target if the company exceeds threshold performance, and once earned, they vest on the third anniversary of the grant date. Following these awards, Dolson also holds 269,724 shares of common stock directly and 4,056 shares indirectly through a trust where he serves as co-trustee with his spouse.
Suit Neal J reported acquisition or exercise transactions in this Form 4 filing.
Green Brick Partners, Inc. General Counsel & EVP Neal J. Suit received equity awards in the form of restricted stock units and performance-based restricted stock units. On March 26, 2026, he was granted 4,357 RSUs and two separate grants of 4,357 performance-based RSUs, each convertible into an equal number of common shares upon vesting. The RSUs vest in three equal installments on the first, second and third anniversaries of the grant date. The performance-based RSUs can be earned between 50% and 200% of the target amount based on multi-year company performance, with earned units vesting on the third anniversary of the grant date. Following these awards, he directly holds 17,986 shares of common stock, along with previously outstanding RSUs and performance-based RSUs tied to additional underlying shares.