Director of Greenland Energy (GLND) discloses 1.85M-share ownership from business combination

Rhea-AI Filing Summary

Greenland Energy Co director McIllree Roderick Claude has filed an initial ownership report showing a significant equity stake. The filing records beneficial ownership of 1,846,723 shares of common stock of Greenland Energy Co, issued to him in connection with a business combination involving Greenland Energy Company, March GL Company, Greenland Exploration Limited, and Pelican Acquisition Corporation.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McIllree Roderick Claude

Role Director

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,846,723 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Director shareholding: 1,846,723 shares

1 metrics

Director shareholding 1,846,723 shares Common Stock beneficially owned following business combination issuance

Key Terms

Form 3, Common Stock, business combination, Reporting Person

4 terms

Form 3 regulatory

"INSIDER FILING DATA (Form 3)"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

business combination financial

"in connection with the business combination consummated by Greenland Energy Company"

A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.

Reporting Person regulatory

"issued to the Reporting Person in connection with the business combination"

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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hours per response:			0.5

1. Name and Address of Reporting Person^*

McIllree Roderick Claude

(Last) (First) (Middle)

C/O GREENLAND ENERGY COMPANY

3400 EAST BAYAUD AVENUE, SUITE 400

(Street)

DENVER COLORADO 80209

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/25/2026

3. Issuer Name and Ticker or Trading Symbol
Greenland Energy Co [ GLND ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,846,723(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Comprised of 1,846,723 shares of common stock of Greenland Energy Company issued to the Reporting Person in connection with the business combination consummated by Greenland Energy Company (formerly Pelican Holdco, Inc.), March GL Company, Greenland Exploration Limited, and Pelican Acquisition Corporation.

	/s/ Roderick McIllree	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the GLND Form 3 filing by McIllree Roderick Claude show?

The Form 3 shows that director McIllree Roderick Claude beneficially owns 1,846,723 shares of Greenland Energy Co common stock. These shares were issued to him in connection with a completed business combination involving Greenland Energy Company and several related entities.

How many Greenland Energy Co (GLND) shares does the director report owning?

The director reports ownership of 1,846,723 shares of Greenland Energy Co common stock. This entire amount was issued in connection with a business combination transaction involving Greenland Energy Company, March GL Company, Greenland Exploration Limited, and Pelican Acquisition Corporation.

Is the GLND Form 3 a buy or sell transaction?

The Form 3 is not a buy or sell report; it is an initial ownership statement. It simply discloses that 1,846,723 Greenland Energy Co common shares are beneficially owned following issuance in connection with a completed business combination transaction.

How were the 1,846,723 GLND shares obtained by the reporting person?

According to the filing footnote, the 1,846,723 Greenland Energy Co common shares were issued to the reporting person in connection with a business combination. The transaction involved Greenland Energy Company, March GL Company, Greenland Exploration Limited, and Pelican Acquisition Corporation.

What role does McIllree Roderick Claude have at Greenland Energy Co (GLND)?

The filing identifies McIllree Roderick Claude as a director of Greenland Energy Co. As a director, he must report his beneficial ownership, which in this Form 3 consists of 1,846,723 shares of common stock issued via a prior business combination.