Dolson Jed 4
4 · Green Brick Partners, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Green Brick (GRBK) President Jed Dolson Receives Equity Awards
What Happened
Jed Dolson, President and COO of Green Brick Partners (GRBK), was granted three equity awards on March 26, 2026. Each grant was for 12,816 units (three grants total 38,448 units) reported as derivative awards at $0.00 per unit (total reported value $0). The awards consist of restricted stock units (RSUs) and performance-based restricted stock units (PSUs) granted under the company’s 2024 Omnibus Incentive Plan (LTIP).
Key Details
- Transaction date: 2026-03-26; Form 4 filed 2026-03-27 (timely filing).
- Grants: three awards of 12,816 units each = 38,448 units total, reported at $0.00 per unit (derivative awards).
- Vesting / conversion: RSUs convert 1:1 to common shares and vest equally on the 1st, 2nd and 3rd anniversaries of the grant. PSUs convert 1:1 if earned; certain PSUs are earned in segments (16.66% first year, 16.67% second, 16.67% third, and 50% based on three-year performance) and may pay out between 50%–200% depending on performance; PSUs vest on the third anniversary once earned.
- Footnotes: F1 notes Dolson serves as co-trustee with spouse for a trust for his minor children. F2–F6 describe RSU/PSU conversion, vesting schedule and performance payout ranges.
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
These grants are long-term incentive awards, not open‑market purchases or sales. RSUs and PSUs are contingent on continued service (and for PSUs, on performance goals) and do not represent immediately marketable shares until they vest and convert. Such awards are common executive compensation and do not by themselves indicate near‑term buying or selling intent.
Insider Transaction Report
- Award
Restricted Stock Units
[F2][F3]2026-03-26+12,816→ 12,816 total→ Common Stock (12,816 underlying) - Award
Performance Based Restricted Stock Units
[F4][F5]2026-03-26+12,816→ 12,816 total→ Common Stock (12,816 underlying) - Award
Performance Based Restricted Stock Units
[F4][F6]2026-03-26+12,816→ 12,816 total→ Common Stock (12,816 underlying)
- 269,724
Common Stock
- 4,056(indirect: By Trust)
Common Stock
[F1] - 7,441
Restricted Stock Units
[F2][F3]→ Common Stock (7,441 underlying) - 11,161
Performance Based Restricted Stock Units
[F4][F5]→ Common Stock (11,161 underlying) - 11,161
Performance Based Restricted Stock Units
[F4][F6]→ Common Stock (11,161 underlying)
Footnotes (6)
- [F1]Reporting person serves as co-trustee with his spouse of a trust established for the benefit of his minor children.
- [F2]The Restricted Stock Units ("RSUs") convert into shares of Common Stock on a one-for-one basis upon vesting.
- [F3]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.
- [F4]The Performance Based Restricted Stock Units ("PSUs") convert into shares of Common Stock on a one-for-one basis upon vesting.
- [F5]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.
- [F6]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.