Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-01

Green Brick Partners, Inc. (GRBK)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$13,400,745
James Brickman total, FY2025
99th
CEO pay percentile vs peers
122:1
CEO-to-median pay ratio
98.81%
Say-on-pay support, latest vote
Companies that benchmark against GRBK
7 companies name GRBK as a compensation peer

Each company listed discloses GRBK in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named GRBK in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
James Brickman$1,600,000$0$7,643,096$0$4,145,049$0$12,600$13,400,745
Chief Executive Officer
Jed Dolson800,00005,126,39603,108,769013,8009,048,965
President and Chief Operating Officer
Neal Suit518,75001,079,2050769,350013,8002,381,105
Executive Vice President, General Counsel, and Chief Risk and Compliance Officer
Jeffery Cox476,6350694,9530747,750012,6001,931,938
Chief Financial Officer
Bobby Samuel III500,0000637,6960746,850013,8001,898,346
Executive Vice President of Land
Richard Costello168,7500662,2930000831,043
Former Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
James Brickman$13,400,745$8,175,587$7,759,877+5,225,158
Jed Dolson9,048,9655,155,2453,930,156+3,893,720
Neal Suit2,381,1051,213,6201,108,168+1,167,485
Jeffery Cox1,931,938
Bobby Samuel III1,898,346
Richard Costello831,0431,736,7531,401,083−905,710

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Richard S. PressDirector2026-06-09D2,000$71$141,160CommonForm 4 ↗
Richard S. PressDirector2026-06-09D3,00071211,770CommonForm 4 ↗
Dividend-equivalent accruals2026-06-151,3751 insider, 1 accrual row

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 3 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Richard S. PressDirector2026-06-09D2,000$71$141,160CommonForm 4 ↗
Richard S. PressDirector2026-06-09D3,00071211,770CommonForm 4 ↗
Eric John ParkChief Accounting Officer2026-06-15A1,37500Derivative, Class A CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Jeffery CoxRSU2025-03-03418$24,499
James BrickmanRSU2025-03-0358,5883,433,843
Jeffery CoxPSU2025-04-152,9335,86611,732498,522
James BrickmanRSU2025-03-0318,4161,079,362
Jeffery CoxRSU2025-04-152,933171,932
James BrickmanPSU2025-03-0318,41636,83273,6643,129,891
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jeffery Cox$196,431$498,522$071.7%
James Brickman4,513,2053,129,891041.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Neal SuitPSU11,160$699,284
Neal SuitPSU5,580349,642
James BrickmanPSU36,8322,307,894
Jed DolsonPSU22,3221,398,696
James BrickmanPSU73,6644,615,788
Neal SuitRSU2,790174,821
Jed DolsonPSU11,161699,348
Bobby Samuel IIIPSU5,580349,642
Jed DolsonPSU44,6442,797,392
James BrickmanRSU18,4161,153,947
Jeffery CoxRSU2,933183,782
Jeffery CoxRSU41826,192
Jeffery CoxPSU23514,725
Bobby Samuel IIIPSU4,524283,474
Jed DolsonRSU11,161699,348
Bobby Samuel IIIRSU21,5481,350,197
Jeffery CoxRSU5,282330,970
Neal SuitPSU2,790174,821
James BrickmanPSU18,4161,153,947
Bobby Samuel IIIRSU4,378274,325
Jeffery CoxPSU5,866367,564
Bobby Samuel IIIRSU2,790174,821
Jeffery CoxPSU11,732735,128
Bobby Samuel IIIPSU11,160699,284
Bobby Samuel IIIRSU7,714483,359
Bobby Samuel IIIRSU2,142134,218
Jeffery CoxRSU1,696106,271
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation philosophy is focused on linking pay with performance. We seek to develop a compensation program that maintains a strong link between executive pay and successful execution of our strategy and long-term shareholder value creation.

CEO STI target (% of salary)231%
CEO LTI target (% of salary)
Independent consultantF.W. Cook & Co., Inc.
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-07-0133,109,453397,45245,98998.81%Passed
20232023-06-1333,927,842638,00719,25598.15%Passed
20202020-06-2340,581,750689,607129,54098.33%Passed
20172017-05-2443,112,054116,86122,11299.73%Passed
20162016-05-2537,111,63838,4626,99999.9%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-07-0198.81%a
20232023-06-1398.15%b
20202020-06-2398.33%c

a. Approved under the standard stated in the filing — “Therefore, abstentions will have no effect on the outcome of these proposals.”.

b. Approved under the standard stated in the filing — “Therefore, abstentions will have no effect on the outcome of these proposals.”.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)122 : 1
CEO total compensation$13,400,745
Median employee compensation$109,850
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Elizabeth K. BlakeIndependent · Lead Independent Director · Compensation · Governance & Sustainability$318,897$0$0$0$318,897
Kathleen OlsenIndependent · Audit · Governance & Sustainability44,505245,283000289,788
Richard S. PressIndependent · Audit · Governance & Sustainability (Chair) · Insurance (Chair) · Governance and Sustainability (Chair)284,551000284,551
Lila Manassa MurphyIndependent · Audit (Chair) · Compensation274,705000274,705
Harry BrandlerIndependent · Compensation (Chair) · Governance & Sustainability264,917000264,917
David EinhornNot independent · Board Chair150,000000150,000
James R. BrickmanEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$140,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 20,000 / 20,000
Stock ownership guideline5x annual cash retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$194,505
Equity awards (grant-date value)$1,388,353
All other compensation$0
Total cost of the board$1,582,858

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Green Brick Partners, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Green Brick Partners, Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Lennar Corp.2025Stuart Miller$1,000,000$25,743,051$0$2,766,481$29,527,931
2D.R. Horton2025Paul Romanowski700,00020,684,52303,554,92725,128,033
3PulteGroup2025Ryan Marshall1,000,0009,074,95305,278,45215,393,266
4Green Brick Partners, Inc.2025James Brickman1,600,0007,643,09604,145,04913,400,745
5Dream Finders Homes2025Patrick Zalupski1,276,9234,836,76303,746,00010,227,930
6M/I Homes2025Robert Schottenstein1,100,0004,945,34303,506,2509,914,773
7Tri-Pointe Homes2025Douglas Bauer1,000,0005,999,98101,635,0008,677,081
8KB Homes2025Robert McGibney912,5003,499,97502,826,8397,311,553
9LGI Homes2025Eric Lipar975,0004,143,842005,182,051

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Green Brick Partners, Inc.not disclosedPSU 67 · RSU 33Yes — Relative TSR during a 3-Year PeriodF.W. Cook & Co., Inc.
D.R. Hortonnot disclosednot disclosedYes — Relative TSR PerformanceMeridian Compensation Partners
Dream Finders Homes67%RSU 100not disclosedCompensation Advisory Partners (CAP)
KB Homesnot disclosedPSU 100NoFW Cook
Lennar Corp.not disclosedPSU 70 · RSU 30YesFW Cook
LGI Homesnot disclosedPSU 80 · RSU 20NoMeridian Compensation Partners LLC
M/I Homes94%not disclosedNoWillis Towers Watson (WTW)
PulteGroup84%PSU 60 · RSU 40Yes — Relative TSRSemler Brossy
Tri-Pointe Homes65.4%PSU 60 · RSU 40NoExequity

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Green Brick Partners, Inc. in fiscal 2025?
The highest-paid executive at Green Brick Partners, Inc. in fiscal 2025 was James Brickman, who served as Chief Executive Officer with total compensation of $13,400,745.
How does Green Brick Partners, Inc.'s chief executive pay compare to its disclosed peer group?
The filing shows that James Brickman's pay falls within the 99th percentile of the disclosed peer group.
What is Green Brick Partners, Inc.'s CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio for fiscal 2025 was 122:1.
How did shareholders vote on Green Brick Partners, Inc.'s executive compensation?
Shareholders approved the executive compensation plan with 98.81% support in the latest vote.
How much does Green Brick Partners, Inc. spend in total on board compensation for fiscal 2025?
Total board compensation for fiscal 2025 was $1,582,858.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, James BrickmanDEF 14A2026-05-220001628280-26-037542Section “Summary Compensation Table”. As printed: 13,400,745. Filing ↗machine: r2 · c8 · span 1044362–1044372
2Section 01, Jed DolsonDEF 14A2026-05-220001628280-26-037542Section “Summary Compensation Table”. As printed: 9,048,965. Filing ↗machine: r6 · c8 · span 1058394–1058403
3Section 01, Neal SuitDEF 14A2026-05-220001628280-26-037542Section “Summary Compensation Table”. As printed: 2,381,105. Filing ↗machine: span 1068609–1068618
4Section 01, Jeffery CoxDEF 14A2026-05-220001628280-26-037542Section “Summary Compensation Table”. As printed: 1,931,938. Filing ↗machine: span 1054374–1054383
5Section 01, Bobby Samuel IIIDEF 14A2026-05-220001628280-26-037542Section “Summary Compensation Table”. As printed: 1,898,346. Filing ↗machine: t53 · r12 · c8 · span 1078089–1078098
6Section 01, Richard CostelloDEF 14A2026-05-220001628280-26-037542Section “Summary Compensation Table”. As printed: 831,043. Filing ↗machine: span 1082627–1082634
7Section 03, Jeffery Cox RSUDEF 14A0001628280-26-037542Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t56 · r8 · c10 · span 1199132–1199138
8Section 03, James Brickman RSUDEF 14A0001628280-26-037542Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t54 · r3 · c1 · span 1103094–1103103
9Section 03, Jeffery Cox PSUDEF 14A2026-05-220001628280-26-037542Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t54 · r4 · c3 · span 1106137–1106144
10Section 03, James Brickman RSUDEF 14A2026-05-220001628280-26-037542Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t54 · r3 · c2 · span 1103526–1103535
11Section 03, Jeffery Cox RSUDEF 14A2026-05-220001628280-26-037542Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t54 · r4 · c2 · span 1105708–1105715
12Section 03, James Brickman PSUDEF 14A2026-05-220001628280-26-037542Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t54 · r3 · c3 · span 1103960–1103969
13Section 07, pay ratioDEF 14A2026-05-220001628280-26-037542Section “CEO Pay Ratio”. As printed: 122 : 1. Filing ↗machine: span 1500182–1500190
14Section 08, Elizabeth K. BlakeDEF 14A2026-05-220001628280-26-037542Section “Director Compensation”. As printed: 318,897. Filing ↗machine: t26 · r3 · c2 · span 600580–600587
15Section 08, Kathleen OlsenDEF 14A2026-05-220001628280-26-037542Section “Director Compensation”. As printed: 289,788. Filing ↗machine: t26 · r5 · c3 · span 605604–605611
16Section 08, Richard S. PressDEF 14A2026-05-220001628280-26-037542Section “Director Compensation”. As printed: 284,551. Filing ↗machine: t26 · r7 · c2 · span 609584–609591
17Section 08, Lila Manassa MurphyDEF 14A2026-05-220001628280-26-037542Section “Director Compensation”. As printed: 274,705. Filing ↗machine: t26 · r6 · c2 · span 607221–607228
18Section 08, Harry BrandlerDEF 14A2026-05-220001628280-26-037542Section “Director Compensation”. As printed: 264,917. Filing ↗machine: t26 · r4 · c2 · span 602841–602848
19Section 08, David EinhornDEF 14A2026-05-220001628280-26-037542Section “Director Compensation”. As printed: 150,000. Filing ↗machine: t26 · r2 · c1 · span 597694–597701
20Section 08, James R. BrickmanDEF 14A2026-05-220001628280-26-037542Section “Director Compensation”. As printed: 0. Filing ↗
21Section 02, Richard S. Press 2026-06-09Form 42026-06-110001628280-26-042502Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Richard S. Press 2026-06-09Form 42026-06-110001628280-26-042502Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Eric John Park 2026-06-15Form 42026-06-150002138876-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
24Section 06, 2026 voteForm 8-K2026-07-010001628280-26-046536Item 5.07 · say-on-pay result. As reported: 98.81% (votes for as printed: 33,109,453). Filing ↗
25Section 06, 2023 voteForm 8-K2023-06-140001373670-23-000044Item 5.07 · say-on-pay result. As reported: 98.15% (votes for as printed: 33,927,842). Filing ↗
26Section 06, 2020 voteForm 8-K2020-06-260001373670-20-000047Item 5.07 · say-on-pay result. As reported: 98.33%. Filing ↗
27Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
28Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
29Section 09b board cost (computed)ComputedcomputedCash 194,505 + equity 1,388,353 + all other 0 = 1,582,858, summed across the director compensation table rows.machine: formula: Σ = 1,582,858
30Lennar Corp., Section 10b CEO totalDEF 14A2026-02-260001193125-26-073504CEO total compensation as printed in Lennar Corp.'s own proxy. As printed: 29,527,931. Filing ↗machine: r2 · c27 · span 875885–875895
31D.R. Horton, Section 10b CEO totalDEF 14A2025-12-100000882184-25-000114CEO total compensation as printed in D.R. Horton's own proxy. As printed: 25,128,033. Filing ↗machine: r5 · c8 · span 1929672–1929682
32PulteGroup, Section 10b CEO totalDEF 14A2026-03-130000822416-26-000016CEO total compensation as printed in PulteGroup's own proxy. As printed: 15,393,266. Filing ↗machine: r3 · c27 · span 1079633–1079644
33Green Brick Partners, Inc. (subject), Section 10b CEO totalDEF 14A2026-05-220001628280-26-037542CEO total compensation as printed in Green Brick Partners, Inc.'s own proxy. As printed: 13,400,745. Filing ↗machine: r2 · c8 · span 1044362–1044372
34Dream Finders Homes, Section 10b CEO totalDEF 14A2026-04-160001628280-26-025557CEO total compensation as printed in Dream Finders Homes's own proxy. As printed: 10,227,930. Filing ↗machine: r2 · c42 · span 850530–850540
35M/I Homes, Section 10b CEO totalDEF 14A2026-04-100001193125-26-150356CEO total compensation as printed in M/I Homes's own proxy. As printed: 9,914,773. Filing ↗machine: t145 · r2 · c31 · span 415984–415993
36Tri-Pointe Homes, Section 10b CEO totalDEF 14A2026-03-060001561680-26-000013CEO total compensation as printed in Tri-Pointe Homes's own proxy. As printed: 8,677,081. Filing ↗machine: r2 · c48 · span 551025–551034
37KB Homes, Section 10b CEO totalDEF 14A2026-03-130001308179-26-000068CEO total compensation as printed in KB Homes's own proxy. As printed: 7,311,553. Filing ↗machine: t157 · r7 · c14 · span 1740061–1740070
38LGI Homes, Section 10b CEO totalDEF 14A2026-03-130001580670-26-000030CEO total compensation as printed in LGI Homes's own proxy. As printed: 5,182,051. Filing ↗machine: span 563461–563470
39Section 10a, LGI Homes reciprocityDEF 14A0001580670-26-000030LGI Homes names Green Brick Partners, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
40Section 10a, Tri-Pointe Homes reciprocityDEF 14A0001561680-26-000013Tri-Pointe Homes's most recent proxy was read; its disclosed peer group does not include Green Brick Partners, Inc.. Filing ↗
41Section 10a, Dream Finders Homes reciprocityDEF 14A0001628280-26-025557Dream Finders Homes names Green Brick Partners, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
42Section 10a, Lennar Corp. reciprocityDEF 14A0001193125-26-073504Lennar Corp.'s most recent proxy was read; its disclosed peer group does not include Green Brick Partners, Inc.. Filing ↗
43Section 10a, KB Homes reciprocityDEF 14A0001308179-26-000068KB Homes's most recent proxy was read; its disclosed peer group does not include Green Brick Partners, Inc.. Filing ↗
44Section 10a, PulteGroup reciprocityDEF 14A0000822416-26-000016PulteGroup's most recent proxy was read; its disclosed peer group does not include Green Brick Partners, Inc.. Filing ↗
45Section 10a, D.R. Horton reciprocityDEF 14A0000882184-25-000114D.R. Horton's most recent proxy was read; its disclosed peer group does not include Green Brick Partners, Inc.. Filing ↗
46Section 10a, M/I Homes reciprocityDEF 14A0001193125-26-150356M/I Homes's most recent proxy was read; its disclosed peer group does not include Green Brick Partners, Inc.. Filing ↗