COX JEFFERY DEAN 4

What Happened
Jeffery D. Cox, Chief Financial Officer of Green Brick Partners, received three equity awards on March 26, 2026, totaling 9,996 units (3,332 + 3,332 + 3,332). Each award is reported as a derivative grant at $0.00 (no cash paid). These awards consist of restricted stock units (RSUs) and performance-based restricted stock units (PSUs) that convert one-for-one into common shares upon vesting; there is no immediate cash proceeds from the grants.

Key Details

• Transaction date: 2026-03-26; Form 4 filed 2026-03-27 (timely filing).
• Reported acquisition price: $0.00 per unit; immediate reported value $0 (grant/award).
• Total units granted: 9,996 (three awards of 3,332 each).
• Vesting/terms (per footnotes): awards granted under the 2024 Omnibus Incentive Plan / LTIP.
  • RSUs convert 1-for-1 and vest equally on the 1st, 2nd and 3rd anniversaries of the grant date.
  • PSUs convert 1-for-1, are earned based on performance (generally 50%–200% if threshold met) and typically vest on the 3rd anniversary. Some PSUs are earned in segments (one segment based on three-year performance and other segments tied to year-by-year performance).
• Shares owned after transaction: not specified in the provided summary—see the full Form 4 for total holdings.
• Filing status: appears timely (no late filing flag).

Context
These are awards (not open-market purchases or sales). RSUs provide retention via time-based vesting; PSUs are performance-contingent and may result in more or fewer shares depending on corporate results. Grants like these are common executive compensation, and because PSUs depend on future performance, their ultimate share count and value will vary.