Greenland Energy (GLND) director adds 33,330 shares in open-market buy

Filing Impact

(Moderate)

Filing Sentiment

(Positive)

Form Type

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 ($100,657)

Net Buy 1 txn

Insider Furlan Melanie Sue

Role null

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, null)

Footnotes (1)

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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."

Form 4 Insider Transactions: What Each Field Means →

05/12/2026 - 04:03 PM

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Furlan Melanie Sue

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/08/2026		P		33,330	A	$3.02⁽¹⁾	48,104	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

	/s/ Melanie Furlan	05/12/2026
	** 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 4 (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 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

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.

How many Greenland Energy Co (GLND) shares did the director buy and at what price?

Director Melanie Sue Furlan bought 33,330 Greenland Energy Co Common Stock shares at a weighted average price of $3.02. According to the filing, individual trade prices ranged from $2.999 to $3.04 per share in the open market.

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.