Director Larry Swets reports 425K shares and 375K warrants in Greenland Energy (GLND)
Rhea-AI Filing Summary
Greenland Energy Co director Larry G. Swets Jr. reported his initial holdings. He holds 425,000 shares of Common Stock directly.
He also holds 375,000 Warrants, each exercisable for one share of common stock at an exercise price of $15.00 per share. These warrants are exercisable from April 24, 2026 and expire on March 25, 2036, representing rights over 375,000 underlying common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SWETS LARRY G JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrants | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Warrants — 375,000 shares (Direct);
Common Stock — 425,000 shares (Direct)
Footnotes (1)
- F1. Comprised of 375,000 warrants, with each warrant exercisable for one share of common stock, par value $0.0001 per share, of Greenland Energy Company at an exercise price of $15.00 per share.
Key Figures
Common shares held: 425,000 shares
Warrants held: 375,000 warrants
Warrant exercise price: $15.00 per share
+3 more
6 metrics
Common shares held
425,000 shares
Direct common stock ownership reported on Form 3
Warrants held
375,000 warrants
Warrants to purchase Greenland Energy common stock
Warrant exercise price
$15.00 per share
Exercise price for each Greenland Energy warrant
Underlying shares from warrants
375,000 shares
Common shares underlying 375,000 warrants
Warrant exercisability date
April 24, 2026
Date from which the warrants are exercisable
Warrant expiration date
March 25, 2036
Expiration date of Greenland Energy warrants
Key Terms
Warrants, exercise price, underlying security title, Form 3
4 terms
Warrants financial
""security_title": "Warrants""
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
exercise price financial
"at an exercise price of $15.00 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
underlying security title financial
""underlying_security_title": "Common Stock""
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Larry G. Swets Jr. report in his Form 3 for Greenland Energy Co (GLND)?
Larry G. Swets Jr. reported his initial ownership in Greenland Energy Co, including 425,000 shares of common stock and 375,000 warrants. The filing establishes his baseline holdings as a director, with no new purchases or sales disclosed in this report.
What are the terms of Larry Swets’ warrants in Greenland Energy Co (GLND)?
Larry Swets holds 375,000 warrants, each exercisable for one Greenland Energy Co common share at $15.00 per share. These warrants become exercisable on April 24, 2026 and expire on March 25, 2036, giving long-dated optional exposure to additional shares.
Does Larry Swets’ Greenland Energy Co (GLND) Form 3 show any insider buying or selling?
The Form 3 shows holdings only and no insider buying or selling activity. It reports 425,000 common shares and 375,000 warrants as of the filing, establishing his ownership position rather than recording market transactions.