Greenland Energy (GLND) Director Larry Swets Transfers 125,000 Shares

What Happened Larry G. Swets Jr., a director of Greenland Energy Company (GLND), reported two dispositions on Sept 28, 2026: 120,000 shares and 5,000 shares were transferred for no consideration (total 125,000 shares). No sale price or proceeds were reported (price: N/A), so there is no cash value disclosed for these transfers.

Key Details

• Transaction date: 2026-09-28 (both transfers); Form 4 filed: 2026-09-30 (filed within the typical 2‑business‑day window).
• Transaction code: J (Other acquisition or disposition); reported price: N/A (transferred for no consideration).
• Share counts: 120,000 shares (Footnote F1) and 5,000 shares (Footnote F2) transferred for no consideration.
• Shares owned after transaction: Not specified in the reported Form 4.
• Footnotes: F1 and F2 confirm the shares were transferred for no consideration (i.e., no cash received).

Context Transfers for no consideration are typically gifts or internal transfers (e.g., to trusts or family) and do not necessarily reflect the director’s view of the company’s outlook. Because no proceeds or sale price are reported, these transactions should not be interpreted as routine open‑market selling. The filing appears timely under Form 4 rules.