4/A: Green Brick Partners Director Corrects Transaction Code in Amended SEC Filing

Richard S. Press, a director of Green Brick Partners, Inc., filed an amendment to a previous SEC Form 4 to correct a typographical error regarding transaction codes for open market purchases of common stock.

Summary

• Richard S. Press, a director of Green Brick Partners, Inc., filed an amended Form 4 with the SEC on March 12, 2024, to correct a typographical error in the original filing from March 7, 2024.
• The amendment clarifies that two transactions reported on March 5, 2024, were open market purchases (Code P) rather than acquisitions pursuant to Rule 16b-3(d) (incorrectly shown as Code A in the original filing).
• The corrected filing confirms the purchase of 1,000 shares of common stock at $51.61 per share and 7 shares at $51.75 per share on March 5, 2024.
• Following the reported transactions, Press directly owns 86,063 shares of Green Brick Partners common stock and indirectly owns 27 shares as custodian for a UGMA account for a minor.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any fundamental issues with the company, so the sentiment is neutral to slightly positive due to the transparency.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Amendments, like this one, are sometimes necessary to correct errors and ensure accuracy.

Key Dates