SWETS LARRY G JR 4

What Happened

• Larry G. Swets Jr., a director of Greenland Energy Co. (GLND), made an open-market purchase of 15,000 shares on 2026-06-02 at $3.05 per share, for a total cost of approximately $45,705. This was a purchase (P) reported on a Form 4 filed 2026-06-03.

Key Details

• Transaction date: 2026-06-02; Price: $3.05; Shares: 15,000; Total value: ~$45,705.
• Transaction code: P = Purchase (open market).
• Shares owned after the transaction: not specified in the filing.
• Filing date: 2026-06-03 (appears timely; no late filing flag noted).
• Footnotes in the filing:
  • F1: The reporting person holds warrants issued in connection with the company’s business combination; each warrant is exercisable for one share at $15.00.
  • F2: The reporting person also holds public warrants (ticker GLNDW), each exercisable at $5.00; these GLNDW warrants were acquired in open-market purchases.

Context

• This is a straightforward insider purchase—buying shares is often viewed as a more directly bullish signal than routine sales, though filings don’t state motives.
• The filing also shows the insider holds warrants (derivative instruments) with different exercise prices; these are separate from the common-stock purchase reported here.