Form 4: Green Brick Partners EVP Bobby Samuel III Reports Stock Transactions

EVP of Land at Green Brick Partners, Bobby Samuel III, reports disposition of shares for tax obligations and grants of restricted stock units and performance-based restricted stock units.

Summary

• Bobby Samuel III, EVP of Land at Green Brick Partners, reported a transaction on March 6, 2025.
• 1,000 shares of common stock were disposed of to cover tax obligations at a price of $60.51 per share.
• Following the transaction, Samuel directly owns 4,943 shares of Green Brick Partners common stock.
• Samuel was also granted restricted stock units (RSUs) and performance-based restricted stock units (PSUs) that convert into common stock upon vesting.
• The RSUs vest on various dates in 2026 and 2027.
• The PSUs are earned based on company performance during 2025, 2026, and 2027, and vest on the third anniversary of the grant date.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, reflecting routine executive compensation activities.

Future Outlook

The vesting of RSUs and PSUs is contingent on continued employment and, in the case of PSUs, on the company's performance over the next few years.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. This filing indicates standard equity-based compensation practices within Green Brick Partners.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects routine executive compensation and tax obligations.

Key Dates