Greenland Energy director buys 33,330 shares
Greenland Energy Co director Melanie Sue Furlan reported an open-market purchase of Common Stock.
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Form Type
4
Rhea-AI Filing Summary
Greenland Energy Co director Melanie Sue Furlan reported an open-market purchase of Common Stock. On May 8, 2026, she bought 33,330 shares at a weighted average price of $3.02 per share, with individual trade prices ranging from $2.999 to $3.04. Following this transaction, she directly owns 48,104 shares.
Insider Trade Summary
Net Buyer: 33,330 shares
Net Buy
1 txn
Insider
Furlan Melanie Sue
Role
Director
Bought
33,330 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 33,330 | $3.02 | $101K |
Holdings After Transaction:
Common Stock — 48,104 shares (Direct)
Footnotes (1)
- F1. Represents the weighted average price of the shares purchased on the open market. The prices of the shares purchased pursuant to the transactions ranged from $2.999 to $3.04 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
Key Figures
Shares purchased: 33,330 shares
Weighted average purchase price: $3.02 per share
Price range of purchases: $2.999–$3.04 per share
+2 more
5 metrics
Shares purchased
33,330 shares
Open-market Common Stock purchase on May 8, 2026
Weighted average purchase price
$3.02 per share
Common Stock bought in open market
Price range of purchases
$2.999–$3.04 per share
Range of individual trade prices in transaction
Shares owned after transaction
48,104 shares
Director’s direct holdings following purchase
Net share change
33,330 shares
Net buy shares from transaction summary
Key Terms
open-market purchase, Common Stock, weighted average price, transaction code P
4 terms
open-market purchase financial
"The transaction is classified as an open-market purchase of Common Stock."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"The security title reported in the transaction is 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.
weighted average price financial
"The footnote states this is the weighted average price of shares purchased."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
transaction code P financial
"The filing lists transaction code P for this purchase of shares."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Greenland Energy Co (GLND) disclose?
Greenland Energy Co disclosed that director Melanie Sue Furlan purchased 33,330 shares of Common Stock in the open market. The transaction was reported on a Form 4 insider filing for trades dated May 8, 2026.
What are Melanie Sue Furlan’s holdings in Greenland Energy Co (GLND) after the transaction?
After the reported open-market purchase, Melanie Sue Furlan directly holds 48,104 shares of Greenland Energy Co Common Stock. This figure reflects her position immediately following the May 8, 2026 transaction disclosed in the Form 4.
Was the Greenland Energy Co (GLND) insider trade a purchase or a sale?
The insider trade was a purchase. The Form 4 shows transaction code P, classified as an open-market purchase, with Melanie Sue Furlan buying 33,330 Common Stock shares at a weighted average price of $3.02 per share.
Did the Greenland Energy Co (GLND) Form 4 include any derivative transactions?
No derivative transactions were reported. The Form 4 describes only a non-derivative Common Stock purchase, and the derivative transaction summary section shows zero derivative transactions and zero derivative shares exercised or acquired.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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