Good morning, welcome to the 2026 Annual Meeting of Stockholders of Green Brick Partners, Inc. I would now like to introduce the first presenter, James R. Brickman. Good morning, ladies and gentlemen. I am Jim Brickman, Chief Executive Officer and a Director of Green Brick Partners, Inc. At this time, I call the meeting to order. Please refer to the agenda and our rules of conduct for the meeting, both of which are posted in the meeting center page. The rules of conduct explain how we will conduct the meeting. There are three items of business on today's agenda: the election of directors, the advisory vote to approve the compensation of our executive officers, and the ratification of the appointment of our company's independent registered public accounting firm. After all the agenda items have been presented, we will close the polls, announce the preliminary voting results, then adjourn the meeting. In accordance with the company's bylaws, in the absence of the Chairman of the Board, I will act as the Chairman in this meeting. Jed Dolson, President and Chief Operating Officer of the company, will act as Secretary of this meeting. Please note that if we experience technical issues such as the loss of audio or webcast connection, we ask that stockholders stand by and allow us time to try to resolve the issue and resume the meeting or otherwise provide an update relating to the meeting. If a technical disruption occurs that prevents us from continuing the meeting and the formal portion of this meeting has been commenced, but it is not yet adjourned, the polls will be closed immediately. In that situation, votes received prior to the time the polls are closed will be counted, the meeting will not be reconvened, the results will be announced publicly. I would like to take this opportunity to introduce the directors and officers and other invited guests of the company who are joining us virtually today. Our directors, Lila Manassa Murphy and Richard Press. Kelly Anderson, the Audit Partner from RSM US LLP, as a representative of our independent registered public accounting firm. After the meeting, Ms. Anderson will be available to answer any appropriate questions you have. Pursuant to the authority delegated by the board of directors, Broadridge has been appointed to act as Inspector of Elections for this meeting. The applicable representative for Broadridge has taken an oath as Inspector of Elections. Many stockholders have already submitted their votes or proxies. All proxies will be voted as marked by the stockholder signing them. If you have voted by proxy, you do not need to take any further action. If you wish to vote during the meeting, please cast your ballot electronically on the meeting center page prior to the closing of the polls. The board of directors set May 11th, 2026, as the date of record for determining stockholders entitled to notice of and to vote at the stockholders meeting. We have a list of stockholders as of that date. A duplicate list has been on file at the principal place of business of the company for the last 10 days immediately prior to the date of this meeting and has been available for inspection by any stockholder during that period during normal business hours. The secretary will present the affidavit of distribution of the notice of the annual meeting of stockholders together with the related proxy materials and report on the existence of a quorum for that meeting. Mr. Chairman, I present the affidavit of distribution of Broadridge, which states that the notice of internet availability of proxy materials was mailed on or about May 22nd, 2026, and the related proxy materials were filed with the Securities and Exchange Commission and made available online on May 22nd, 2026 to stockholders of record as of the date of close of business on May 11th, 2026, the record date for stockholders entitled to notice of and to vote at this meeting, which is in accordance with the bylaws of the company. As a result, the meeting is being held pursuant to proper notice. In addition, I have been advised by the Inspector of Elections that a majority of the company's issued and outstanding shares of common stock entitled to a vote is represented personally or by proxy at today's virtual meeting. Since a majority of the company's shares of common stock is represented here today, a quorum is present. The meeting is duly constituted and the business of the meeting may proceed. Thank you, Mr. Dolson. The report of the secretary on the existence of a quorum is accepted. I direct that the affidavit of distribution be made part of the minutes of this meeting. We may now proceed to transact the business for which this meeting has been called. The first item of business today is the election of directors. Seven directors shall be elected at today's meeting. The directors elected today will hold office until the company's 2027 annual meeting of the stockholders and the due election and qualification of their respective successors or each such nominee's earlier death, removal, or resignation. I now call upon Mr. Dolson, as Secretary, to review the nominees for the company's board of directors in this regard. As indicated in the company's proxy statement, the board of directors has nominated the following persons: Elizabeth K. Blake, Harry Brandler, James R. Brickman, David Einhorn, Kathleen Olsen, Richard S. Press, and Lila Manassa Murphy. The company's bylaws require a stockholder provide advance notice to the company of a stockholder's intent to nominate persons as directors. No such notice was received. Accordingly, I declare the nominations for directors closed. The second item of business today is the advisory vote to approve the compensation of our executive officers. I now call upon the Secretary for the recommendation of the board of directors in this regard. I hereby propose the following resolutions be adopted: that the compensation of the company's executive officers is hereby approved on an advisory basis. The third item of business today is the ratification of the appointment by the board of directors of RSM US LLP as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026. I now call upon the Secretary for the recommendation of the board of directors in this regard. I hereby propose the following resolution be adopted: that the appointment of RSM US LLP as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026, be ratified. No further business is scheduled to come before the stockholders, I declare that the polls for each matter to be voted on at this meeting open at 10:00 A.M. Central Time today, July 1st, 2026, and direct that a vote of the stockholders be taken by electronic ballot on the following matters. First, the election of directors to hold office until the company's 2026 annual meeting of stockholders and the due election and qualification of the respective successors or such nominees' earlier death, removal, or resignation. Second, the advisory approval of the company's executive compensation. Third, the ratification of the appointment of RSM US LLP as the company's independent registered public accounting firm. Each holder of common stock is entitled to one vote for each share of common stock held of record at the close of business on May 11th, 2026. Ballots are now available for each stockholder or proxy present and entitled to vote at this meeting. Any stockholder who has previously given his or her proxy need not vote unless he or she desires to revoke the proxy and vote by electronic ballot at this meeting. At this time, I would like to open the meeting to any questions that stockholders may have. I remind stockholders that only questions pertinent to matters properly before the meeting will be addressed. I now declare the polls for each matter voted upon at this meeting closed and direct the Inspector of Elections to collect and tabulate the ballots. At this point, the votes have been counted, and we will now report on the preliminary results of the matters voted upon today. I have been advised by the Inspector of Elections that the following seven nominees have received the majority of votes cast for election of directors for the respective slots. Elizabeth K. Blake, Harry Brandler, James R. Brickman, David Einhorn, Kathleen Olsen, Richard Press, and Lila Manassa Murphy. Accordingly, each of the nominees has been elected as a company director to hold office until the company's 2027 annual meeting and the due election and qualification of the respective successors or such nominees' earlier death, removal, or resignation. The Inspector of Elections has advised me that the compensation of the company's executive officers has been approved by the holders of the majority of the shares of our common stock issued, present, and voted at the annual meeting. The Inspector of Elections has advised me that the holders of the majority of the shares of our common stock issued, present, and voting at the annual meeting in favor of the ratification and appointment of RSM US LLP to act as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2025, and that accordingly, the ratification of RSM US LLP of the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026, has been approved. The Inspector of Elections will furnish the Secretary a written report of the final vote count with respect to the matters voted on today, which shall be included in the minutes of the meeting. I want to thank all of you for attending today's meeting and for your continued support of Green Brick Partners, Inc. The formal portion of our meeting is now adjourned.
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