The June follow-up purchase by Swets adds conviction. Monitor for any upcoming 8-K (earnings, restructuring, or offering) that could explain the insider activity — the actuarial verdicts flag cluster-earnings-context and cluster-offering-context as amplifiers.
Price Chart
Executive Summary
Three directors at Greenland Energy Co (GLND) made open-market purchases totaling $214K over a one-week window in May 2026, with a follow-up director purchase of $48K in late June. The May cluster represents ~0.19% of the $111M market cap — a modest but notable signal. The cross-filing context includes a late June director purchase, which amplifies the cluster signal per the actuarial verdicts.
Key Financial Metrics
Key Facts
- Three directors purchased a total of $214K in open-market transactions between May 5-12, 2026
- Larry Swets Jr. (Director) bought 25,000 shares at $1.20 on May 12
- Hassan Baqar (Director) bought 76,700 shares at $1.09 on May 7
- Melanie Sue Furlan (Director) bought 33,300 shares at $3.02 on May 8
- Larry Swets Jr. also purchased 25,000 shares for $48K on June 25, 2026
- Total cluster value of $214K equals ~0.19% of GLND's $111M market cap
- All transactions are open-market purchases (Code P) — no non-cash grants or tax-withholding sales
- No C-suite executives participated; all trades are by directors
Financial Impact
Three directors invested $214K of personal capital at an average price of ~$1.60 per share; the June follow-up adds another $48K at $1.93 average. Total insider commitment of $262K represents ~0.24% of market cap.
Risk Factors
- No C-suite participation — all trades are by directors, who may have less operational insight than executives
- The $3.02 purchase by Furlan is at a significant premium to the May 7-12 prices of $1.09-$1.20, suggesting possible lack of coordination or different information sets
- GLND is a micro-cap ($111M) in a volatile sector (drilling oil & gas), making it prone to outsized moves unrelated to insider activity
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GLND-1782468335815 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 8-K | $3.05 | awaiting T+60 | — | $3.13 (+2.62%) |
Sep 29, 2026 27d ago | 8-K | $4.75 | awaiting T+60 | — | $3.13 (−34.11%) |
Sep 28, 2026 28d ago | 8-K | $4.49 | awaiting T+60 | — | $3.13 (−30.29%) |
Sep 24, 2026 4w ago | 8-K | $5.35 | awaiting T+60 | — | $3.13 (−41.50%) |
Sep 1, 2026 7w ago | 3 | $1.34 | awaiting T+60 | — | $3.13 (+133.58%) |
Aug 12, 2026 10w ago | 8-K | $1.12 | awaiting T+60 | — | $3.13 (−180.72%) |
Aug 6, 2026 11w ago | 8-K | $2.21 | awaiting T+60 | — | $3.13 (+41.63%) |
Jul 6, 2026 16w ago | 8-K | $2.17 $4.75 | ▲ +118.89% | ▲ +117.17% | $3.13 (+44.24%) |
Jun 26, 2026 17w ago | Insider Cluster | $2.50 $2.88 | ▲ +15.20% | ▲ +10.71% | $3.13 (+25.20%) |
Jun 23, 2026 17w ago | 8-K | $2.70 $1.21 | ▼ −55.19% | ▼ −58.02% | $3.13 (+15.93%) |
US Market Status
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