Director purchase at Greenland Mines (NASDAQ: GRML) totals 240,000 shares
Rhea-AI Filing Summary
Greenland Mines Ltd director Jason David Sawyer purchased 240,000 shares of Common Stock on July 22, 2026 at $0.2331 per share in an open-market or private transaction. After this purchase, he holds 240,000 shares directly. The Rule 10b5-1 checkbox was left unchecked, so the trade was not affirmed as made under a trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 240,000 shares
Net Buy
1 txn
Insider
Sawyer Jason David
Role
Director
Bought
240,000 shs ($56K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 240,000 | $0.2331 | $56K |
Holdings After Transaction:
Common Stock — 240,000 shares (Direct)
Key Figures
Shares purchased: 240,000 shares
Purchase price per share: $0.2331
Total shares held after transaction: 240,000 shares
+1 more
4 metrics
Shares purchased
240,000 shares
Common Stock purchased on July 22, 2026
Purchase price per share
$0.2331
Price per share for the July 22, 2026 transaction
Total shares held after transaction
240,000 shares
Direct holdings of Jason David Sawyer after the reported purchase
Net buy shares
240,000 shares
Net share change across all reported transactions in this Form 4
Key Terms
Form 4, Common Stock, Rule 10b5-1, open market or private transaction
4 terms
Form 4 regulatory
"Insider transaction reported on Form 4 for Greenland Mines Ltd"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"Security title listed as Common Stock in the transaction"
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.
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox was left unchecked for this transaction"
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 notes a Purchase in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Greenland Mines (GRML) report in this Form 4?
Greenland Mines Ltd reported on Form 4 that director Jason David Sawyer bought 240,000 shares. The transaction involved Common Stock purchased at $0.2331 per share on July 22, 2026, and increased his directly held position to 240,000 shares according to the filing data.
When did the Greenland Mines (GRML) insider purchase by Jason David Sawyer occur?
The insider purchase by director Jason David Sawyer occurred on July 22, 2026. On that date he acquired 240,000 Greenland Mines Common Stock shares at a price of $0.2331 per share, as detailed in the Form 4 transaction information.
Was the Greenland Mines (GRML) director’s trade made under a Rule 10b5-1 plan?
The trade was not affirmed as being under a Rule 10b5-1 trading plan. The document-level Rule 10b5-1 checkbox is marked false, indicating the transaction was reported without relying on a pre-established trading plan safe harbor.