Green Brick Partners (GRBK) Form 4 Green Brick Partners / DAVID EINHORN ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:	3235-0287
Estimated average burden
hours per response:	0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

EINHORN DAVID

(Last) (First) (Middle)

140 EAST 45TH STREET

24TH FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Green Brick Partners, Inc. [ GRBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/01/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								827,082	D(1)(2)
Common Stock								42,028	I	By simplified employee pension plan
Common Stock	12/01/2023		S(7)		519,210	D	$44.6481	8,248,438	I(1)(2)(3)	See footnote(4)
Common Stock	12/04/2023		S(7)		418,290	D	$44.8105	7,830,148	I(1)(2)(3)	See footnote(4)
Common Stock								834,545	I(1)(2)(3)	See footnote(5)
Common Stock								2,740,190	I(1)(2)(3)	See footnote(6)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

EINHORN DAVID

(Last) (First) (Middle)

140 EAST 45TH STREET

24TH FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

DME Advisors GP, L.L.C.

(Last) (First) (Middle)

140 EAST 45TH STREET

24TH FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

DME Advisors, LP

(Last) (First) (Middle)

140 EAST 45TH STREET

24TH FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

DME Capital Management, LP

(Last) (First) (Middle)

140 EAST 45TH STREET

24TH FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

GREENLIGHT CAPITAL INC

(Last) (First) (Middle)

140 EAST 45TH STREET

24TH FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

Explanation of Responses:

1. David Einhorn is the president of Greenlight Capital, Inc. ("Greenlight Inc.") and 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 Greenlight Inc., 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 positions with respect to Greenlight Inc. and DME GP.

2. 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 (as defined below) 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 GCOP, Ltd., GCOM, the SPVs, or SILP (each as defined below).

3. 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 Partners, Ltd. ("GCOP, Ltd."), Greenlight Capital Offshore Master, Ltd. ("GCOM"), and special purpose vehicles created by GCOP, Ltd. and GCOM (the "SPVs"), Solasglas Investments, LP ("SILP"), in the respective capacities and quantities further described in the footnotes below.

4. DME CM controls the voting and disposition of 7,830,148 shares of Common Stock held for the accounts of GCOM and the SPVs, of which in each case DME CM acts as investment advisor.

5. Greenlight Inc. controls the voting and disposition of 834,545 shares of Common Stock held for the account of GCOP, Ltd. of which Greenlight Inc. acts as investment advisor.

6. DME controls the voting and disposition of 2,740,190 shares of Common Stock held for the account of SILP, of which DME serves as investment advisor.

7. Sales made pursuant to a previously disclosed agreement.

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.

	/s/ Daniel Roitman, attorney-in-fact for David Einhorn*	12/05/2023
	/s/ Daniel Roitman, Chief Operating Officer of DME Advisors GP, L.L.C.	12/05/2023
	/s/ Daniel Roitman, Chief Operating Officer of DME Advisors GP, L.L.C., General Partner of DME Advisors, L.P.	12/05/2023
	/s/ Daniel Roitman, Chief Operating Officer of DME Capital Management, L.P.	12/05/2023
	/s/ Daniel Roitman, Chief Operating Officer of Greenlight Capital, Inc.	12/05/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.