PARK ERIC JOHN 4
Research Summary
AI-generated summary
Green Brick (GRBK) CAO Eric Park Receives 1,375-Share Award
What Happened
- Eric John Park, Chief Accounting Officer of Green Brick Partners (GRBK), received an award of 1,375 derivative shares on June 15, 2026. The award is reported as granted at $0.00 per share (derivative instruments — RSUs/PSUs) and does not represent an open‑market purchase or sale.
Key Details
- Transaction date and filing date: June 15, 2026.
- Transaction type and amount: Grant/award (code A), 1,375 shares; price reported $0.00 (derivative award).
- Shares owned after transaction: Not specified in the information provided in this summary.
- Footnotes of note:
- F1/F2: Both Restricted Stock Units (RSUs) and Performance-Based Restricted Stock Units (PSUs) convert one-for-one into common stock on vesting.
- F3: The PSUs were granted under the Company’s 2024 Omnibus Equity Incentive Plan; they are performance-based (earned up to 100% based on 2026 financial/operational results) and, if earned, vest on March 2, 2029.
- Timeliness: Filing and transaction date are the same (no late filing indicated).
Context
- These awards are compensation grants, not purchases or sales. RSUs/PSUs convert into common shares only upon meeting vesting or performance conditions; PSUs here depend on 2026 performance and have a vesting date of March 2, 2029 if earned.
- Grants are routine executive compensation and don’t necessarily signal immediate buying or selling intent by the insider. Purchases (cash buys) tend to be more direct indicators of insider sentiment than awards.