Greenland Mines Ltd (GRML) director purchases 140,000 shares of stock
Rhea-AI Filing Summary
Greenland Mines Ltd director Jon McGarity reported purchasing 140,000 shares of Common Stock on 2026-07-20 at $0.1773 per share in an open-market or private transaction. After this buy, he directly holds 551,277 shares of Greenland Mines Ltd Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 140,000 shares
Net Buy
1 txn
Insider
McGarity Jon
Role
Director
Bought
140,000 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 140,000 | $0.1773 | $25K |
Holdings After Transaction:
Common Stock — 551,277 shares (Direct)
Key Figures
Shares purchased: 140,000 shares
Purchase price: $0.1773 per share
Shares held after transaction: 551,277 shares
+1 more
4 metrics
Shares purchased
140,000 shares
Common Stock bought on 2026-07-20
Purchase price
$0.1773 per share
Price for the 140,000-share Common Stock purchase
Shares held after transaction
551,277 shares
Director’s direct holdings following the purchase
Transaction date
2026-07-20
Date of the reported Common Stock purchase
Key Terms
Common Stock, open market, Form 4
3 terms
Common Stock financial
"security_title: "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.
open market financial
"transaction_code_description: "Purchase in open market or private transaction""
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Greenland Mines Ltd (GRML) report in this Form 4?
Director Jon McGarity purchased 140,000 shares of Greenland Mines Ltd Common Stock. The transaction occurred on 2026-07-20 and was reported as a purchase in an open-market or private transaction at a stated price per share.
Is the Greenland Mines Ltd (GRML) insider trade linked to a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for this transaction. That means the 140,000-share purchase was not reported as being executed under a pre-arranged Rule 10b5-1 trading plan.
What role does the reporting person hold at Greenland Mines Ltd (GRML)?
The reporting person, Jon McGarity, is listed as a director of Greenland Mines Ltd. In this Form 4, he reports a direct ownership position following his 140,000-share purchase of Common Stock.