Green Brick Partners (NASDAQ: GRBK) EVP granted new RSU and PSU awards
Rhea-AI Filing Summary
Green Brick Partners EVP of Land Samuel Bobby III received new stock-based awards. On March 26, 2026, he was granted 2,563 Restricted Stock Units (RSUs) and two separate grants of 2,563 Performance-Based Restricted Stock Units (PSUs), each convertible into common shares on a one-for-one basis upon vesting.
The RSUs were granted under the company’s Long-Term Incentive Program and vest in three equal installments on the first, second, and third anniversaries of the grant date. The PSUs are also granted under the same program and can be earned between 50% and 200% of the target amount based on company performance above specified thresholds, then vest on the third anniversary of the grant date.
Following these awards, Bobby also reports direct holdings of 10,783 shares of common stock and multiple outstanding RSU and PSU awards tied to future performance and service conditions. The filing shows no open‑market purchases or sales; all reported acquisitions are compensation-related grants.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,563 | $0.00 | -- |
| Grant/Award | Performance Based Restricted Stock Units | 2,563 | $0.00 | -- |
| Grant/Award | Performance Based Restricted Stock Units | 2,563 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Based Restricted Stock Units | -- | -- | -- |
| holding | Performance Based Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The Restricted Stock Units ("RSUs") convert into shares of Common Stock on a one-for-one basis upon vesting. 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. These Performance-Based Restricted Stock Units ("PSU"s) convert into shares of Common Stock on a one-for-one basis upon vesting. 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. 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.
