David Einhorn* - 13 Nov 2024 Form 4 Insider Report for Green Brick Partners, Inc. (GRBK)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
15 Nov 2024, 16:02:39 UTC
Prior SEC filing
15 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Daniel Roitman, attorney-in-fact for David Einhorn*

Key filing fact

David Einhorn* filed Form 4 for Green Brick Partners, Inc. (GRBK) on 15 Nov 2024.

Key facts

  • This page summarizes David Einhorn*'s Form 4 filing for Green Brick Partners, Inc. (GRBK).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 15 Nov 2024, 16:02.

Change

  • Previous filing in this sequence was filed on 15 Jul 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GRBK transaction

Common Stock

Sale

Transaction value
$37,301,377
Shares
-539,349
Change %
-6.6%
Price
$69.16
Shares after
7,625,344
Date
13 Nov 2024
Ownership
See footnote
Footnotes
F1, F2, F3, F4, F6
GRBK transaction

Common Stock

Sale

Transaction value
$33,045,616
Shares
-477,814
Change %
-37%
Price
$69.16
Shares after
824,876
Date
13 Nov 2024
Ownership
See footnote
Footnotes
F1, F2, F3, F5, F6
GRBK transaction

Common Stock

Purchase

Transaction value
$70,346,993
Shares
+1,017,163
Change %
+13%
Price
$69.16
Shares after
8,642,507
Date
13 Nov 2024
Ownership
See footnote
Footnotes
F1, F2, F3, F4, F7
GRBK holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
827,082
Date
13 Nov 2024
Ownership
Direct
Footnotes
F1, F3
GRBK holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
42,028
Date
13 Nov 2024
Ownership
By simplified employee pension plan
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

David Einhorn is the senior manager of DME Advisors GP, LLC ("DME GP"). DME GP is the general partner of DME Advisors, LP ("DME") and DME Capital Management, LP ("DME CM" and, together with DME GP, DME, and Mr. Einhorn, the "Reporting Persons"). Mr. Einhorn may be deemed to beneficially own the securities reported herein by virtue of his position with respect to DME GP.

Footnote F2

The Reporting Persons control the disposition and voting of shares of Common Stock ("Common Stock") of the Issuer held for the account of Greenlight Capital Offshore Master, Ltd. ("GCOM"), certain special purpose vehicles (the "SPVs"), Solasglas Investments, LP ("SILP"), and a separately managed account (the "SMA"), in the respective capacities and quantities further described in the footnotes below.

Footnote F3

Pursuant to Rule 16a-1 under the Securities Exchange Act of 1934, as amended (the "Act"), the Reporting Persons disclaim beneficial ownership of the Common Stock except to the extent of their respective pecuniary interests therein. The filing of this Form 4 shall not be construed as an admission that any of the Reporting Persons is for the purposes of Section 16(a) of the Act, or otherwise, the beneficial owner of any of the Common Stock held for the account of GCOM, the SPVs, SILP, or the SMA.

Footnote F4

Following the transactions reported herein, DME CM controls the voting and disposition of 8,642,507 shares of Common Stock held for the accounts of GCOM, the SPVs, and the SMA of which in each case DME CM acts as investment advisor.

Footnote F5

Following the transactions reported herein, DME controls the voting and disposition of 824,876 shares of Common Stock held for the account of SILP, of which DME serves as investment advisor.

Footnote F6

Represents shares of Common Stock of the Issuer sold to the Issuer pursuant to Rule 16b-3(e).

Footnote F7

Represents shares of Common Stock of the Issuer acquired from the Issuer pursuant to Rule 16b-3(d).

SEC remarks

* The Power of Attorney executed by David Einhorn, authorizing the signatory to sign and file this report on David Einhorn's behalf, filed as Exhibit 99.1 to the Schedule 13D filed with the Securities and Exchange Commission on August 29, 2019 by the Reporting Person and other reporting persons with respect to the common units of CONSOL Coal Resources LP, is hereby incorporated by reference. Mr. Einhorn is a Director of the Issuer. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Persons other than Mr. Einhorn are deemed directors by deputization by virtue of their representation on the Board of Directors of the Issuer.

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