SWETS LARRY G JR 4

What Happened

• Larry G. Swets, Jr., a director of Greenland Energy Co. (GLND), purchased 20,000 shares on May 21, 2026. The reported weighted average purchase price was $2.66 per share, for a total reported outlay of $53,152. The shares were acquired in multiple transactions with prices that ranged from $2.61 to $2.69. This was a purchase (insider buying), which investors often view as a more informative/positive signal than routine sales.

Key Details

• Transaction date: May 21, 2026
• Transaction type/code: Purchase (P) — open‑market purchases executed in multiple trades
• Price: Weighted average $2.66; individual trades ranged $2.61–$2.69 (see footnote F3)
• Total value: $53,152
• Shares owned after transaction: Not specified in the excerpt of the filing provided
• Filing timeliness: Reported on May 22, 2026 (filed one day after the transaction), which is within the typical Form 4 reporting window
• Notable footnotes from the filing:
  • F1: References warrants previously issued to the reporting person exercisable at $15.00 per share (from the business combination).
  • F2: References public warrants (ticker GLNDW) exercisable at $5.00, which the reporting person acquired in open‑market purchases.
  • F3: Explains the $2.66 figure is a weighted average and lists the full trade price range; the filer offers to provide a breakdown of the number of shares bought at each price on request.

Context

• This filing reports a straightforward open‑market purchase of common stock. The other footnotes describe separate warrant holdings and do not indicate exercises or sales of the shares acquired here. No tax‑withholding, gift, or option‑exercise mechanics are involved in this reported transaction.