Corporate GovernanceApr 30, 2026, 01:06 PM
GRBK Files 10-K/A for Part III; Details 2025 Executive Compensation
AI Summary
Green Brick Partners, Inc. filed Amendment No. 1 on Form 10-K/A to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The amendment's sole purpose is to include previously omitted Part III information, covering directors, executive officers, corporate governance, and executive compensation, along with updated Section 302 certifications. The filing details the 2025 executive compensation structure, including base salary increases for several named executive officers and the adoption of a new long-term incentive plan. Notably, the company achieved a 200% payout for the "Financial Performance Relative to Peers" component of its 2025 Annual Incentive Plan.
Key Highlights
- GRBK filed Amendment No. 1 on Form 10-K/A to include previously omitted Part III information (Items 10-14).
- The amendment includes contemporaneously dated Section 302 certifications for principal executive and financial officers.
- The 2025 executive compensation program includes base salary, annual incentive, and a new long-term incentive plan.
- CEO James R. Brickman's 2025 base salary is $1,600,000.
- CFO Jeffery Cox's base salary increased to $575,000 effective October 20, 2025.
- EVP, General Counsel, and Chief Risk and Compliance Officer Neal Suit's base salary increased to $575,000 effective October 1, 2025.
- GRBK achieved a 200% payout for the "Financial Performance Relative to Peers" component of the 2025 Annual Incentive Plan.
- Richard A. Costello resigned as Chief Financial Officer effective March 17, 2025.
Price Impact
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