Green Brick Partners, Inc.

Green Brick Partners, Inc. announced that its Board of Directors has appointed Jed Dolson, the Company's Co-Chief Executive Officer, to the Board, effective immediately. Mr. Dolson will serve as a director until the 2027 Annual Meeting of Stockholders. The Board was expanded to seven directors upon his appointment. The filing also confirmed that there are no arrangements or understandings between Mr. Dolson and any other persons concerning his appointment, and he has not been involved in any reportable transactions with the Company.

Green Brick Partners, Inc. announced the promotion of Jed Dolson, its President and Chief Operating Officer, to Co-Chief Executive Officer, effective October 15, 2026. This move is part of the company's long-term succession planning. Mr. Dolson has been with Green Brick Partners since 2013, serving in various leadership capacities, including President of the Texas Region and President of Trophy Signature Homes, and has been instrumental in the company's growth and operational development.

Green Brick Partners reported Q2 2026 revenue of $493.8 million and diluted EPS of $1.70, both down from the prior year. For the first six months of 2026, revenue was $959.5 million and diluted EPS was $3.09. The company repurchased $9.3 million in common stock during Q2, with $150.6 million remaining under authorization, and managed its debt by terminating a secured credit facility and extending an unsecured one.

Green Brick Partners reported mixed second-quarter 2026 results, with net income attributable to the company decreasing 9.5% to $74.17 million and diluted EPS falling 8.1% to $1.70. Despite a decline in home closings revenue and homebuilding gross margins, net new home orders increased by 19% year-over-year, and financial services operating income grew significantly by 90.2%. The company also announced a quarterly dividend for its Series A Depositary Shares and repurchased $9.4 million in common stock, highlighting strong liquidity and a disciplined capital strategy.

Green Brick Partners, Inc. has appointed Eric Park as its Chief Accounting Officer, effective immediately on June 8, 2026. Mr. Park, who previously served as the Company's Vice President, Corporate Controller, will also assume the role of principal accounting officer. In connection with his promotion, his base salary has been increased to $300,000, along with an annual incentive target bonus of $200,000 and a Performance Restricted Stock Unit award of $175,000.

Green Brick Partners, Inc. announced its 2026 Annual Meeting of Stockholders will be held virtually on July 1, 2026. Stockholders are invited to vote on the election of seven directors, an advisory resolution to approve executive officer compensation, and the ratification of RSM US LLP as the independent public accountants for 2026. The company highlighted its strong corporate governance practices, including a majority-independent board and robust stock ownership guidelines, and noted a 272.9% Total Shareholder Return over the past five years.

Green Brick Partners reported a decrease in net income and total revenues for the first quarter of 2026 compared to the prior year. Net income attributable to the company fell to $60.9 million, with total revenues reaching $465.5 million. Despite the overall decline, the financial services segment showed strong growth, nearly doubling its revenue. The company also continued its share repurchase program and authorized a new $150.0 million plan, while strategically managing its debt by terminating a secured credit facility.

Green Brick Partners, Inc. filed an Amendment No. 2 on Form 10-K/A to restate its Consolidated Financial Statements for the fiscal years ended December 31, 2025, 2024, and 2023. The restatement corrects an error where residential units revenue was incorrectly reported on a gross basis and excluded closing cost incentives. This correction resulted in decreased reported residential units revenue and average sales price, a decrease in homebuilding cost of revenues, and an increase in gross margin for the affected periods. Various sections of the original Form 10-K, including Risk Factors and MD&A, have been updated to reflect these changes, and new certifications were provided by the principal executive and financial officers.

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.