---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-028348"
form_type: "8-K"
ticker: "GRBK"
cik: "0001373670"
company_name: "Green Brick Partners, Inc."
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:43:46.633561+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# Green Brick restates 2023-2025 financials: buyer incentives reclass, no bottom-line impact

## Summary
- FY2024 revenue restated down $37.5M to $2.033B; gross margin rises to 34.4% from 33.8%.
- FY2025 revenue restated down $58.5M to $2.033B; gross margin rises to 31.4% from 30.5%.
- Restatement reclassifies closing cost incentives from cost to revenue; net income, EPS, cash flow unchanged.
- Company will file Form 10-K/A; preliminary figures are unaudited and subject to change.

## SEC filing metadata
- accession: 0001628280-26-028348
- form_type: 8-K
- ticker: GRBK
- cik: 0001373670
- company_name: Green Brick Partners, Inc.
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 7.01, 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1373670/000162828026028348/0001628280-26-028348-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1373670/000162828026028348/grbk-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-028348
- JSON: https://secwatch.observer/filing/0001628280-26-028348.json
- Plain text: https://secwatch.observer/filing/0001628280-26-028348.txt

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