Item 7.01 Other Events

Green Brick Partners, Inc. ("Green Brick") (NYSE: GRBK) announced today that on March 15, 2022, holders of record as of March 14, 2022 (the "Record Date") of its depositary shares (the "Series A Depositary Shares" (NYSE:GRBK.PA)), each representing a 1/1,000th interest in a share of its 5.75% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock") will receive a quarterly dividend in the amount of $327.43 per share of Series A Preferred Stock (equivalent to $0.3274 per Series A Depositary Share), which will cover the period from, and including, December 23, 2022 (the date Green Brick issued the Series A Depositary Shares) through, but not including March 15, 2022. The dividend represents dividends at the rate of 5.75% of the $25,000.00 liquidation preference per share (equivalent to $25.00 per depositary share) per year (equivalent to $1,437.50 per share per year or $1.4375 per Series A Depositary Share per year).

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