Pelican Acquisition II adds director Deegan, no stake

Pelican Acquisition II Corp (ticker PLCIU) filed an initial ownership report for Sean Michael Deegan.

Rhea-AI Filing Summary

Pelican Acquisition II Corp (ticker PLCIU) filed an initial ownership report for Sean Michael Deegan. He is identified as a director and not an officer or ten percent owner. No equity holdings, derivative positions, or transactions are reported in this filing.

Key Figures

Net buy/sell shares: 0 shares Buy transactions: 0 Sell transactions: 0

3 metrics

Net buy/sell shares 0 shares Net buy/sell activity reported in the initial Form 3 for Sean Michael Deegan

Buy transactions 0 Total buy transactions in the transaction summary for the Form 3

Sell transactions 0 Total sell transactions in the transaction summary for the Form 3

Key Terms

reporting person, ten percent owner, Rule 10b5-1

3 terms

reporting person regulatory

"The data identifies a reporting person with fields such as name and roles"

ten percent owner regulatory

"The reporting person is flagged as not a ten percent owner"

Rule 10b5-1 regulatory

"The aff_10b5_one field relates to Rule 10b5-1 trading plan status"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 3 filing reveal about Sean Michael Deegan at PLCIU?

The Form 3 identifies Sean Michael Deegan as a director of Pelican Acquisition II Corp (PLCIU). It reports no stock or derivative holdings and no transactions at the time of this initial ownership statement.

Does the PLCIU Form 3 show any share purchases or sales by Sean Michael Deegan?

No, the Form 3 for PLCIU shows no reported transactions by Sean Michael Deegan. The transaction summary lists zero buys, zero sells, and zero derivative exercises, indicating no trading activity in this report.

Is Sean Michael Deegan a ten percent owner of Pelican Acquisition II Corp (PLCIU)?

No, the Form 3 explicitly marks Sean Michael Deegan as not a ten percent owner of PLCIU. He is reported solely in his capacity as a director, with no large ownership stake disclosed here.

Does the PLCIU Form 3 indicate any 10b5-1 trading plan for Sean Michael Deegan?

No, the 10b5-1 trading plan indicator (aff_10b5_one) is null for this PLCIU Form 3. That status reflects that no plan-related checkbox information is provided in this initial ownership report.

What is the overall net buying or selling activity reported in this PLCIU Form 3?

The net buying or selling activity for PLCIU in this Form 3 is zero shares. The transaction summary shows no buys, sells, gifts, or restructurings, and the net buy/sell direction is characterized as neutral.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/17/2026 - 04:37 PM EDT Learn about SEC filing dates

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Deegan Sean Michael

(Last) (First) (Middle)

C/O PELICAN ACQUISITION II CORPORATION

1185 6TH AVE., SUITE 349

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
07/27/2026

3. Issuer Name and Ticker or Trading Symbol
Pelican Acquisition II Corp [ PLCIU ]

3a. Foreign Trading Symbol

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

No securities are beneficially owned.

	/s/ Sean Michael Deegan	08/17/2026
	** 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 5 (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 3: SEC 1473 (03-26)