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

Director Richard S. Press reported gifting Green Brick Partners shares to custodial accounts for his grandchildren and disclaims beneficial ownership except for pecuniary interest.

Summary

• On June 5, 2024, Richard S. Press, a director of Green Brick Partners, Inc., reported a transaction involving the company's common stock.
• Press gifted 20 shares to custodial accounts for his grandchildren under UTMA at $0.
• Press also reported beneficial ownership of shares held directly and indirectly through various trusts and his spouse, but disclaims beneficial ownership except to the extent of his pecuniary interest.
• Following the transaction, Press directly owns 88,043 shares of Green Brick Partners common stock.
• Press also has indirect ownership through UTMA accounts, Press Family Trust, his spouse, Press Family Trust III, and Trust UW B Press.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a gift of shares. It doesn't convey strong positive or negative sentiment.

Industry Context

This filing is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares.

Key Dates