Larry G. Swets Jr., Director at Greenland Energy Co (GLND), bought 15,000 shares at $2.56 ($38K) on 2026-06-25, disclosed to the SEC on 2026-06-26.
Director Larry G. Swets Jr. purchased 15,000 shares at $2.56, marking the largest insider purchase in the company's history. This move comes as the stock has crashed nearly 70% over the last 90 days, potentially signaling confidence in the current valuation.
The shares are currently trading at $2.52, having plummeted 70.32% over the last 90 days and 18.45% in the past month. The stock is trading just 2.44% above its 52-week low of $2.46, suggesting the market has fully priced in the recent distress.
Greenland Energy is advancing its 2026 exploration program in the Jameson Land Basin, having signed a deal with Halliburton for integrated drilling services in June 2026. Additionally, the company plans to drill two wells this year in the Jameson Land Basin, a project highlighted in recent news from April 2026. The insider purchase itself serves as a catalyst, as it represents the largest trade in the company's history.
The stock recently hit 52-week lows on June 17, 2026, following negative company updates and Wall Street commentary. Furthermore, the company has a market cap of approximately $111 million, exposing investors to significant liquidity and volatility risks associated with small-cap energy names.
Clearly above the average filing.
| Filing → |
| GLND | BUY | 2026-05-22 | $53K | — | Filing → |
| GLND | BUY | 2026-05-07 | $70K | — | Filing → |
| GLND | BUY | 2026-05-04 | $149K | — | Filing → |