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Greenland Mines (GRML) CFO boosts stake with 14K-share buy

(High)
(Positive)
Form Type
4

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.

Positive

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Insights

Analyzing...

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)
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
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.

At what price did the GRML CFO buy shares in the latest Form 4?

The GRML CFO, Jeff LeBlanc, bought common shares at a reported price of $9.72 per share on 2026-08-25. The filing describes the trade as a purchase in open market or private transaction.

How many GRML shares does CFO Jeff LeBlanc hold after this transaction?

After the reported transaction, CFO Jeff LeBlanc directly holds 110,406 shares of Greenland Mines Ltd common stock. This figure comes from the Form 4 field "shares owned following transaction."

Was the GRML CFO’s August 2026 share purchase under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is marked false, indicating the 14,000-share purchase by CFO Jeff LeBlanc on 2026-08-25 was not reported as executed under a Rule 10b5-1 trading plan.

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.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
LeBlanc Jeff

(Last)(First)(Middle)
1300 SOUTH BOULEVARD
SUITE D

(Street)
CHARLOTTTE NORTH CAROLINA 28203

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Greenland Mines Ltd [ GRML ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/25/2026P14,000A$9.72110,406D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
Jeffrey Brian LeBlanc08/25/2026
** Signature of Reporting PersonDate
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)