Jed Dolson - Mar 3, 2025 Form 4 Insider Report for Green Brick Partners, Inc. (GRBK)

Role
President and COO
Signature
/s/ Jed Dolson
Stock symbol
GRBK
Transactions as of
Mar 3, 2025
Transactions value $
-$971,090
Form type
4
Date filed
3/5/2025, 04:18 PM
Previous filing
Mar 7, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRBK Common Stock Award $0 +43.9K +16.52% $0.00 310K Mar 3, 2025 Direct F1
transaction GRBK Common Stock Tax liability -$971K -16.3K -5.25% $59.73 294K Mar 3, 2025 Direct F2
holding GRBK Common Stock 4.06K Mar 3, 2025 By Trust F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GRBK Restricted Stock Units Award $0 +11.2K $0.00 11.2K Mar 3, 2025 Common Stock 11.2K Direct F4, F5
transaction GRBK Performance Based Restricted Stock Units Award $0 +11.2K $0.00 11.2K Mar 3, 2025 Common Stock 11.2K Direct F6, F7
transaction GRBK Performance Based Restricted Stock Units Award $0 +11.2K $0.00 11.2K Mar 3, 2025 Common Stock 11.2K Direct F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted a stock bonus award of 43,941 shares of common stock pursuant to his 2024 annual bonus. The shares were fully vested upon issuance.
F2 Reflects shares withheld for taxes payable upon the stock bonus award.
F3 Reporting person serves as co-trustee with his spouse of a trust established for the benefit of his minor children.
F4 The Restricted Stock Units convert into shares of Common Stock on a one-for-one basis upon vesting.
F5 These RSUs were granted pursuant to the Company's Long-Term Incentive Program (the "LTIP") under its 2024 Omnibus Incentive Plan (the "2024 Plan") and vest equally on the first, second and third anniversary of the Grant Date.
F6 These Performance-Based Restricted Stock Units (PSUs) convert into shares of Common Stock on a one-for-one basis upon vesting.
F7 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.
F8 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.