Brickman James R. 4

4 · Green Brick Partners, Inc. · Filed Mar 27, 2026

AI-generated summary of this filing

Updated Mar 27, 2026

Green Brick (GRBK) CEO James R. Brickman Receives Equity Awards

What Happened

James R. Brickman, Chief Executive Officer of Green Brick Partners (GRBK), received three equity awards on 2026-03-26: three grants of 16,917 units each (total 50,751 units). Each grant is reported as a derivative award with an acquisition price of $0.00, meaning no cash was exchanged at grant. These are a mix of Restricted Stock Units (RSUs) and Performance-Based RSUs (PSUs) that convert one-for-one into common shares upon vesting.

Key Details

Transaction date(s): 2026-03-26; Form 4 filed 2026-03-27 (appears timely).
Grants: 3 separate awards of 16,917 units each = 50,751 total units.
Price: $0.00 per unit (award/grant — no purchase price).
Security type: Derivative securities (RSUs and PSUs) that convert into common stock on a 1:1 basis upon vesting.
Vesting/Performance notes:
- RSUs vest equally on the first, second and third anniversaries of the grant date.
- PSUs are performance-based: some portions are earned in segments over years and vest on the third anniversary; PSUs can be earned between 50%–200% depending on performance and threshold attainment.
Shares owned after transaction: Not specified in the excerpt of the filing.
Filing timeliness: Form 4 filed the day after the grants (filed 3/27 for 3/26 grants), which is within standard Form 4 timing requirements.

Context

Awards (RSUs/PSUs) are not open-market purchases or sales — they represent future economic interest if and when vesting and any performance conditions are met. They do not reflect an immediate cash outlay by the insider, nor an immediate change in outstanding common shares until conversion on vesting. Performance-based units may pay out at levels above or below the target (50%–200%) depending on company results.

Form 4

Period: 2026-03-26

DirectorChief Executive Officer

Transactions

Award
Restricted Stock Units
[F1][F2]
2026-03-26+16,917→ 16,917 total
→ Common Stock (16,917 underlying)
Award
Performance Based Restricted Stock Units
[F3][F4]
2026-03-26+16,917→ 16,917 total
→ Common Stock (16,917 underlying)
Award
Performance Based Restricted Stock Units
[F3][F5]
2026-03-26+16,917→ 16,917 total
→ Common Stock (16,917 underlying)

Holdings

Common Stock
1,652,861
Common Stock
(indirect: By Trust)
300,000
Restricted Stock Units
[F1][F2]
→ Common Stock (12,278 underlying)
12,278
Performance Based Restricted Stock Units
[F3][F4]
→ Common Stock (18,416 underlying)
18,416
Performance Based Restricted Stock Units
[F3][F5]
→ Common Stock (18,416 underlying)
18,416

Footnotes (5)

[F1]The Restricted Stock Units ("RSUs") convert into shares of Common Stock on a one-for-one basis upon vesting.
[F2]These RSUs were granted pursuant to the Company's Long-Term Incentive Program (the "LTIP") under its 2024 Omnibus Incentive Plan (the "Plan") and vest equally on the first, second and third anniversary of the Grant Date.
[F3]These Performance-Based Restricted Stock Units ("PSUs") convert into shares of Common Stock on a one-for-one basis upon vesting.
[F4]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 the first year, (2) 16.67% are earned based on performance during each of the second and third years 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.
[F5]These PSUs were granted pursuant to the Company's LTIP and are 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.

Signature

/s/ James R. Brickman|2026-03-27

1 file