COX JEFFERY DEAN 4

What Happened
Jeffery Dean Cox, Chief Financial Officer of Green Brick Partners (GRBK), received 235 shares when restricted stock units vested on March 6, 2026. The RSUs converted into common shares at $0.00 exercise cost. To cover tax withholding, 93 of those shares were surrendered (withheld) at a value of $70.26 per share for a withholding amount of $6,534, leaving Cox with a net 142 shares (≈$9,977 based on $70.26/share).

Key Details

• Transaction date: March 6, 2026; Form 4 filed March 9, 2026 (within the typical two-business-day reporting window).
• Conversion/exercise price: $0.00 for the 235 shares (derivative conversion/vesting).
• Tax withholding: 93 shares withheld @ $70.26/share = $6,534 reported.
• Net shares received: 142 shares (235 vested minus 93 withheld). Estimated net market value ≈ $9,977 using $70.26/share.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Relevant footnotes: F1 (these were RSUs that vested), F2 (shares withheld for taxes), F3 (RSUs convert 1-for-1 to common stock).
• Transaction codes: M = exercise/conversion of derivative (RSU vesting here); F = shares withheld to satisfy tax obligations.

Context
This was a routine vesting and tax-withholding event (not an open-market buy or sell). Withholding shares to cover taxes is a common settlement method and does not by itself indicate a change in insider sentiment. The RSUs converted into shares on a one-for-one basis upon vesting; no cash purchase was made.