Director Larry G Jr Swets buys 15,000 (15.0K shares) of GLND at $2.56 amid 90-day decline of 69.1%
Larry G Jr Swets, a director of Greenland Energy Co, purchased 15,000 shares at $2.56 on 2026-06-25, bringing his non-derivative holdings to 585,000 shares. This buy occurs after a severe recent decline: the stock has fallen 89.0% from its 52-week high of $23.00 and dropped 69.1% over the 90-day period. This represents the insider's third buy at GLND within the prior five trades (buys on 2026-06-08 and 2026-06-02 with outcomes not yet measurable). However, the insider's same-ticker history shows mixed near-term results, with one measurable 30-day outcome at +15.5% (from the 2026-05-21 purchase) but two other positions underwater at 30 days (-6.1% and -3.4%). The company is operating at a loss ($-818.7K net income), and the company's market cap of $111.1M suggests modest scale. The pattern of repeated accumulation during sharp declines warrants observation, particularly given the absence of measurable 90-day outcomes to assess whether prior GLND purchases have subsequently recovered. Derivative holdings of 490,000 shares via Public Warrants remain after this trade.