Form 4: Green Brick Partners Director Richard Press Reports Gift of Shares to Grandchildren's Custodial Accounts

Director Richard Press reported gifting 60 shares of Green Brick Partners common stock to custodial accounts for his grandchildren and disclaims beneficial ownership of shares held by trusts and his spouse.

Summary

• On May 13, 2025, Richard S. Press, a director of Green Brick Partners, Inc., gifted 60 shares of common stock to custodial accounts for his grandchildren.
• The shares were gifted under the Uniform Transfers to Minors Act (UTMA).
• Following the transaction, Press directly owns 89,338 shares.
• Press also disclaims beneficial ownership of shares held by trusts (Press Family Trust, Press Family Trust III, and Trust UW B Press) and his spouse, except to the extent of any pecuniary interest.
• The report clarifies that Press's disclaimer of beneficial ownership should not be construed as an admission of ownership for Section 16 purposes.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.

Key Dates

Keywords

Green Brick Partners, Richard Press, Form 4, Beneficial Ownership, Director, Gift, UTMA, Shares, GRBK, Custodial Accounts