BAQAR HASSAN sold GLND
March 25, 2026 · Form 4 insider transaction
BAQAR HASSAN sold 30,000 shares of Greenland Energy Company at $0.00 per share, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 40 days after the transaction.
Footnotes
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.