Suit Neal J 4
4 · Green Brick Partners, Inc. · Filed Mar 5, 2025
Insider Transaction Report
Form 4
Suit Neal J
General Counsel & EVP
Transactions
- Award
Common Stock
2025-03-03+7,533→ 21,761 total - Sale
Common Stock
2025-03-03$59.73/sh−2,787$166,468→ 18,974 total - Award
Restricted Stock Units
2025-03-03+2,790→ 2,790 total→ Common Stock (2,790 underlying) - Award
Performance Based Restricted Stock Units
2025-03-03+2,790→ 2,790 total→ Common Stock (2,790 underlying) - Award
Performance Based Restricted Stock Units
2025-03-03+2,790→ 2,790 total→ Common Stock (2,790 underlying)
Footnotes (7)
- [F1]The reporting person was granted a stock bonus of 7,533 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]The Restricted Stock Units convert into shares of Common Stock on a one-for-one basis upon vesting.
- [F4]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.
- [F5]These Performance-Based Restricted Stock Units (PSUs) convert into shares of Common Stock on a one-for-one basis upon vesting.
- [F6]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.
- [F7]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.