SWETS LARRY G JR 4/A

What Happened

• Larry G. Swets Jr., a director of Greenland Energy Co. (GLND), made an open-market purchase of 25,000 shares of common stock on 2026-05-13 at $2.98 per share, for a total cash outlay of $74,500. This filing is an amended Form 4, correcting or updating a prior report.

Key Details

• Transaction date and type: 2026-05-13 — Open market purchase (code P).
• Price and value: 25,000 shares @ $2.98 = $74,500.
• Shares owned after transaction: Not specified in this amended filing.
• Notable footnotes:
  • F1: Reporting person holds warrants issued in connection with the company’s business combination; those warrants have a $15.00 exercise price.
  • F2: Reporting person also holds public warrants (ticker GLNDW) exercisable at $5.00, acquired in open-market purchases.
• Timeliness: Filed on 2026-05-13 and marked as an amended Form 4 (no late-filing flag indicated).

Context

• This was a straightforward purchase of common stock (a bullish/ownership-increasing action), not an exercise of options or a gift. For retail investors, purchases by directors can signal confidence, but motives are not disclosed; treat this as one data point among many when evaluating the company.