Form 4 for GLND Greenland Energy Co
Accepted 2026-05-04 16:10:22 ET · period of report 2025-12-05 · accession 0001829126-26-004456 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-05-04 16:10 | 2026-03-25 | GLND | BAQAR HASSAN | Dir | C - Cnv Deriv | — | +3,000 | 428.0K | +0.7% | — |
| D | 2026-05-04 16:10 | 2026-05-04 | GLND | BAQAR HASSAN | Dir | P - Purchase | $2.90 | +45.0K | 473.0K | +11% | +$130.5K |
| DM | 2026-05-04 16:10 | 2025-12-05+ | GLND | BAQAR HASSAN | Dir | P - Purchase | $0.6172 | +55.0K | 25.0K | New | +$33.9K |
| D | 2026-05-04 16:10 | 2026-03-25 | GLND | BAQAR HASSAN | Dir | C - Cnv Deriv | $0.00 | -30.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-03-25 | C | A | 3,000 | — | 428,000 | D | — | — | (F1) On December 5, 2025, the Reporting Person purchased 30,000 rights of Pelican Acquisition Corporation ("Pelican Rights") on the open market at $0.299 per right. Each ten (10) Pelican Rights entitled the holder to receive one (1) share of common stock upon consummation of a business combination. On March 25, 2026, the 30,000 Pelican Rights automatically converted into 3,000 shares of common stock of Greenland Energy Company in connection with the closing of the business combination, at an effective cost basis of approximately $2.99 per share. The Pelican Rights and the resulting shares of common stock were inadvertently omitted from the Reporting Person's Initial Statement of Beneficial Ownership on Form 3 filed on March 31, 2026, and are being reported herein. |
| 2 | Common | Common Stock | 2026-05-04 | P | A | 45,000 | $2.90 | 473,000 | D | — | — | (F2) The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.78 to $2.93 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. |
| 3 | Derivative | Pelican Rights | 2025-12-05 | P | A | 30,000 | $0.299 | 30,000 | D | $0.00 · 2026-03-25 to 2026-03-25 | 3,000 Common Stock | (F1) On December 5, 2025, the Reporting Person purchased 30,000 rights of Pelican Acquisition Corporation ("Pelican Rights") on the open market at $0.299 per right. Each ten (10) Pelican Rights entitled the holder to receive one (1) share of common stock upon consummation of a business combination. On March 25, 2026, the 30,000 Pelican Rights automatically converted into 3,000 shares of common stock of Greenland Energy Company in connection with the closing of the business combination, at an effective cost basis of approximately $2.99 per share. The Pelican Rights and the resulting shares of common stock were inadvertently omitted from the Reporting Person's Initial Statement of Beneficial Ownership on Form 3 filed on March 31, 2026, and are being reported herein. |
| 4 | Derivative | Pelican Rights | 2026-03-25 | C | D | 30,000 | $0.00 | 0 | D | $0.00 · 2026-03-25 to 2026-03-25 | 3,000 Common Stock | (F1) On December 5, 2025, the Reporting Person purchased 30,000 rights of Pelican Acquisition Corporation ("Pelican Rights") on the open market at $0.299 per right. Each ten (10) Pelican Rights entitled the holder to receive one (1) share of common stock upon consummation of a business combination. On March 25, 2026, the 30,000 Pelican Rights automatically converted into 3,000 shares of common stock of Greenland Energy Company in connection with the closing of the business combination, at an effective cost basis of approximately $2.99 per share. The Pelican Rights and the resulting shares of common stock were inadvertently omitted from the Reporting Person's Initial Statement of Beneficial Ownership on Form 3 filed on March 31, 2026, and are being reported herein. |
| 5 | Derivative | Public Warrants | 2026-05-04 | P | A | 25,000 | $0.999 | 25,000 | D | $11.50 · 2026-05-04 to 2031-04-21 | 25,000 Common Stock | (F4) Comprised of 25,000 public warrants (ticker: GLNDW), with each warrant exercisable for one share of common stock, par value $0.0001 per share, of Greenland Energy Company at an exercise price of $11.50 per share. These warrants were acquired in an open market purchase. (F5) The price reported is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $0.99 to $1.00 per warrant. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants purchased at each separate price within the range set forth in this footnote. |