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Green Brick Partners, Inc.·4

Mar 9, 9:48 PM ET

SAMUEL BOBBY L III 4

4 · Green Brick Partners, Inc. · Filed Mar 9, 2026

Research Summary

AI-generated summary of this filing

Updated

Green Brick Partners (GRBK) EVP Samuel Bobby L III Receives Award, Withholds Shares

What Happened Samuel Bobby L III, EVP of Land at Green Brick Partners (GRBK), had restricted/performance-based stock units convert into 8,902 shares on 2026-03-06. To satisfy tax withholding related to the vesting, 3,058 shares were withheld and disposed at an implied price of $70.26, generating about $214,855. Net shares delivered to the insider were 5,844 shares (8,902 vested minus 3,058 withheld).

Key Details

  • Transaction date: 2026-03-06; Form 4 filed 2026-03-09 (reporting period 2026-03-06).
  • Conversions: 4,524 shares and 4,378 shares converted from RSUs/PSUs (total 8,902) reported as derivative exercises/conversions (code M) at $0 purchase price (RSUs/PSUs convert 1:1 on vesting).
  • Tax withholding: 3,058 shares withheld (code F) at $70.26 per share, value reported ~$214,855.
  • Net shares received by insider: 5,844 shares (after tax withholding).
  • Footnotes: RSUs and PSUs vest/convert 1-for-1; some PSUs are performance-based with multi-year vesting schedules and payout ranges (50%–200%) depending on performance (see F1–F7 for details).
  • Filing timeliness: The Form 4 was filed three days after the transaction date; no indication in the provided data that the filing was late beyond normal reporting.

Context

  • This was a routine vesting/settlement of equity awards (not an open-market buy or sell for investment purposes). The withholding of shares to cover taxes is a common, administratively required disposition and does not necessarily indicate insider sentiment.
  • Transaction codes: M = exercise/conversion of derivative awards (here, RSUs/PSUs converting to common stock); F = shares withheld to pay tax withholding obligations.

Insider Transaction Report

Form 4
Period: 2026-03-06
Green Brick Partners, Inc.GRBK
SAMUEL BOBBY L III
EVP of Land
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-06+4,524→ 9,463 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-06+4,378→ 13,841 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-06$70.26/sh−3,058$214,855→ 10,783 total
  • Exercise/Conversion

    Restricted Stock Units

    [F3]
    2026-03-06−4,524→ 0 total
    From: 2026-03-06Exp: 2026-03-06→ Common Stock (4,524 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3]
    2026-03-06−4,378→ 0 total
    From: 2026-03-28Exp: 2026-03-28→ Common Stock (4,378 underlying)
Holdings

  • Restricted Stock Units

    [F3][F4]
    → Common Stock (1,860 underlying)
    1,860

  • Performance Based Restricted Stock Units

    [F5][F6]
    → Common Stock (2,790 underlying)
    2,790

  • Performance Based Restricted Stock Units

    [F5][F7]
    → Common Stock (2,790 underlying)
    2,790

  • Restricted Stock Units

    [F3]
    From: 2027-03-05Exp: 2027-03-05→ Common Stock (2,142 underlying)
    2,142

  • Restricted Stock Units

    [F3]
    From: 2027-03-05Exp: 2027-03-05→ Common Stock (7,714 underlying)
    7,714
Footnotes (7)
  • [F1]Represents the Restricted Stock Units ("RSU"s) that vested under the Company's 2024 Omnibus Incentive Plan (the "Plan")
  • [F2]Reflects shares withheld for taxes payable upon the vesting of the RSUs.
  • [F3]The RSUs 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 ("LTIP") under the Plan and vest equally on the first, second and third anniversary of the Grant Date.
  • [F5]These Performance-Based Restricted Stock Units ("PSU"s) 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.
Signature
/s/ Bobby Samuel|2026-03-09

Documents

1 file
  • 4
    wk-form4_1773107320.xmlPrimary

    FORM 4