SAMUEL BOBBY L III 4

What Happened Bobby L. Samuel III, Executive Vice President of Land at Green Brick Partners (GRBK), was granted three equity award tranches on 2026-03-26 — each for 2,563 derivative shares — for a total of 7,689 RSU/PSU units. Each award shows a $0 acquisition price (code A — award/grant), meaning no cash was paid; the units are derivative awards that convert one-for-one into common stock upon vesting.

These awards were granted under the company’s Long-Term Incentive Program/2024 Omnibus Incentive Plan and include restricted stock units (RSUs) and performance-based restricted stock units (PSUs) with multi-year vesting and performance conditions as noted in the filing.

Key Details

• Transaction date: 2026-03-26; Filing date: 2026-03-27 (timely filing).
• Grants: three awards of 2,563 units each, total 7,689 units; acquisition price $0.00 (derivative awards).
• Shares owned after transaction: not disclosed in the excerpted Form 4.
• Footnotes summary:
  • RSUs convert 1-for-1 into common stock and vest equally on the 1st, 2nd and 3rd anniversaries of the grant (F1, F2).
  • PSUs convert 1-for-1 when vested, are earned between 50%–200% based on performance above threshold levels, and generally vest on the third anniversary; one PSU structure is earned in multiple segments across three years (F3–F5).
• No indication in this filing of a sale, purchase, option exercise, 10b5-1 plan, or tax-withholding share-forfeiture details.

Context RSU grants and PSUs are common forms of long-term compensation for executives. RSUs become actual shares only as they vest; PSUs also require performance targets be met and may pay out between half and double the target amount depending on results. Because these are awards (not purchases or sales), they do not represent an immediate insider buy/sell signal — they primarily reflect compensation alignment with multi-year performance goals.