Green Brick Partners (GRBK) Announces Launch of 6M Share Secondary Offering of Shares of Common Stock by Selling Stockholders

Green Brick Partners, Inc. (Nasdaq: GRBK), a leading national homebuilder and land development company, today announced the commencement of an underwritten public offering (the “Offering”) of 6,000,000 shares of Green Brick common stock by certain affiliates of Greenlight Capital, Inc. (the “Selling Stockholders”). In addition, the Selling Stockholders are expected to grant the underwriters a 30-day option to purchase up to an additional 900,000 shares of Green Brick common stock. Green Brick is not offering any shares of its common stock in the Offering and will not receive any proceeds from the sale of shares in the Offering.

Barclays Capital Inc. and Goldman Sachs & Co. LLC are acting as joint book-running managers for the Offering.

Green Brick has filed a shelf registration statement on Form S-3 relating to the Offering (including a prospectus) with the Securities and Exchange Commission (the “SEC”) that has become effective.

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