---
schema_version: "secwatch.filing_event.v1"
accession: "0001373670-21-000051"
form_type: "8-K"
ticker: "GRBK"
cik: "0001373670"
company_name: "Green Brick Partners, Inc."
filed_at: "2021-12-23T23:59:59+00:00"
generated_at: "2026-06-27T22:32:52.764901+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Green Brick Partners closes $50M offering of 5.75% Series A Cumulative Perpetual Preferred Stock

## Summary
- Filed Certificate of Designation for 5.75% Series A Cumulative Perpetual Preferred Stock (50,000 shares authorized).
- Offered 2,000,000 depositary shares (each 1/1000th of a preferred share) at $25 per depositary share; underwriters have 30-day option for 300,000 additional.
- Liquidation preference $25,000 per preferred share ($25 per depositary share); cumulative dividends payable quarterly starting March 15, 2022.
- Company may redeem shares at $25,000 each after December 23, 2026; special redemption on change of control at same price plus accrued dividends.
- Underwriting agreement with BTIG, LLC as representative; Greenberg Traurig provided legal opinion on validity.

## SEC filing metadata
- accession: 0001373670-21-000051
- form_type: 8-K
- ticker: GRBK
- cik: 0001373670
- company_name: Green Brick Partners, Inc.
- filed_at: 2021-12-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1373670/000137367021000051/0001373670-21-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1373670/000137367021000051/grbk-20211216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001373670-21-000051
- JSON: https://secwatch.observer/filing/0001373670-21-000051.json
- Plain text: https://secwatch.observer/filing/0001373670-21-000051.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.