COX JEFFERY DEAN 4
4 · Green Brick Partners, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Green Brick (GRBK) CFO Jeffery Cox Receives Stock Awards
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.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-26+3,332→ 3,332 total→ Common Stock (3,332 underlying) - Award
Performance Based Restricted Stock Units
[F3][F4]2026-03-26+3,332→ 3,332 total→ Common Stock (3,332 underlying) - Award
Performance Based Restricted Stock Units
[F3][F5]2026-03-26+3,332→ 3,332 total→ Common Stock (3,332 underlying)
- 734
Common Stock
- 418
Restricted Stock Units
[F1]From: 2028-03-03Exp: 2028-03-03→ Common Stock (418 underlying) - 1,696
Restricted Stock Units
[F1]From: 2027-03-05Exp: 2027-03-05→ Common Stock (1,696 underlying) - 1,956
Restricted Stock Units
[F1][F2]→ Common Stock (1,956 underlying) - 2,933
Performance Based Restricted Stock Units
[F3][F4]→ Common Stock (2,933 underlying) - 2,933
Performance Based Restricted Stock Units
[F3][F5]→ Common Stock (2,933 underlying)
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]The 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 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 in four segments, (1) 50% are earned based on the Company's three-year performance, (2) 16.66% are earned based on performance during the first year, and (3) 16.67% are earned based on performance during each of the second and third years. 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.