SEC Form 4 · accession 0001829126-26-006009
Greenland Energy Co · GLND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry G Swets Jr.
Director
Period of report
Jun 2, 2026
Accepted (ET)
Jun 3, 2026 · 4:15 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0002093507
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 2, 2026 | P | 15,000 | $3.047 | A | 560,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF1 | $15.00 | holding | — | — | — | Apr 24, 2026 | Mar 25, 2036 | Common Stock | 375,000 | 375,000 | D |
| Public WarrantsF2 | $5.00 | holding | — | — | — | Apr 29, 2026 | Apr 29, 2031 | Common Stock | 215,000 | 215,000 | D |
Explanation of responses
- F1Comprised of warrants, each exercisable for one share of common stock, par value $0.0001 per share ("Common Stock"), of the Issuer at an exercise price of $15.00 per share. These warrants were issued to the Reporting Person in connection with the business combination consummated by the Issuer (formerly Pelican Holdco, Inc.), March GL Company, Greenland Exploration Limited, and Pelican Acquisition Corporation.
- F2Comprised of public warrants (ticker: GLNDW), each exercisable for one share of Common Stock at an exercise price of $5.00 per share. These warrants were acquired in open market purchases.