Greenland Mines (GRML) CFO boosts stake with 14K-share buy
Rhea-AI Filing Summary
Greenland Mines Ltd (GRML) reported that its Chief Financial Officer, Jeff LeBlanc, purchased 14,000 shares of common stock on 2026-08-25 in an open-market or private transaction at $9.72 per share. Following this purchase, LeBlanc directly holds 110,406 shares of Greenland Mines common stock. The transaction was not reported as made under a Rule 10b5-1 trading plan.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 14,000 shares
Net Buy
1 txn
Insider
LeBlanc Jeff
Role
Chief Financial Officer
Bought
14,000 shs ($136K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 14,000 | $9.72 | $136K |
Holdings After Transaction:
Common Stock — 110,406 shares (Direct)
Key Figures
Shares purchased: 14,000 shares
Purchase price per share: $9.72 per share
Shares owned following transaction: 110,406 shares
3 metrics
Shares purchased
14,000 shares
Common Stock transaction on 2026-08-25 by CFO Jeff LeBlanc
Purchase price per share
$9.72 per share
Open market or private purchase of Common Stock on 2026-08-25
Shares owned following transaction
110,406 shares
Direct ownership by CFO Jeff LeBlanc after the 2026-08-25 purchase
Key Terms
Rule 10b5-1, open market or private transaction, beneficial ownership
3 terms
Rule 10b5-1 regulatory
"The transaction was not reported as made under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market or private transaction financial
"transaction code description indicates a purchase in open market or private transaction"
beneficial ownership regulatory
"Form 4 reports changes in an insider’s beneficial ownership of the issuer’s stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did GRML report for CFO Jeff LeBlanc?
GRML reported that CFO Jeff LeBlanc purchased 14,000 shares of Greenland Mines common stock on 2026-08-25. The transaction was coded as a purchase in an open market or private transaction at a reported price of $9.72 per share.
What is the transaction code used in GRML’s Form 4 for the CFO’s trade?
The Form 4 uses transaction code P, described as a purchase in open market or private transaction, for CFO Jeff LeBlanc’s acquisition of 14,000 shares of Greenland Mines common stock on 2026-08-25.
AI-generated analysis. How Rhea-AI works. Not financial advice.