GALT (NASDAQ: GALT) Rule 144 notice: Khurram Jamil reports share disposals

Rhea-AI Filing Summary

GALT reports a Rule 144 notice covering proposed sales of Common Stock. The filing lists multiple stock option exercises and recent disposals by an individual, including sales of 568 shares on 05/26/2026 and 7,557 shares on 06/23/2026. The document names Khurram Jamil as the seller and shows prior stock option exercises totaling 16,250, 2,037, and 50,000 shares on the dates provided.

Insights

Securities Compliance Attorney

Notice under Rule 144 listing specific option exercises and recent dispositions.

The filing records proposed and recent sales of Common Stock under Rule 144 and lists multiple Stock Option Exercise events dated 01/23/2025, 03/20/2024, and 08/01/2024

These entries indicate transactions and planned dispositions subject to Rule 144 conditions; subsequent filings may disclose settlement details and transfer mechanics.

Equity Markets Analyst

Small-scale insider disposals are reported; amounts are explicit and routine.

The excerpt shows two recent dispositions by Khurram Jamil: 568 shares on 05/26/2026 and 7,557 shares on 06/23/2026, with dollar figures listed alongside.

The transactions appear modest relative to typical public-company floats; monitoring subsequent filings could clarify total post-transaction holdings.

Key Figures

Disposition: 568 shares Disposition: 7,557 shares Stock option exercise: 16,250 shares +2 more

5 metrics

Disposition 568 shares sale on 05/26/2026

Disposition 7,557 shares sale on 06/23/2026

Stock option exercise 16,250 shares 01/23/2025

Stock option exercise 2,037 shares 03/20/2024

Stock option exercise 50,000 shares 08/01/2024

Key Terms

Rule 144, Stock Option Exercise, Common Stock

3 terms

Rule 144 regulatory

"reports a Rule 144 notice covering proposed sales of Common Stock"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Stock Option Exercise financial

"Stock Option Exercise | Issuer | 16250 | 01/23/2025"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Common Stock market

"Common Stock | Stifel Nicolaus & Company Inc ... | Nasdaq"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Available on EDGAR 06/26/2026 - 06:09 PM Accepted by SEC EDGAR 06/26/2026 - 06:09 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Stifel Nicolaus & Company Inc 501 N Broadway St. Louis MO 63102	68287	341435.00	65856898	06/26/2026	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	01/23/2025	Stock Option Exercise	Issuer			16250	01/23/2025	Cash
Common Stock	03/20/2024	Stock Option Exercise	Issuer			2037	03/20/2024	Cash
Common Stock	08/01/2024	Stock Option Exercise	Issuer			50000	08/01/2024	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Khurram Jamil 4960 PEACHTREE INDUSTRIAL BOULEVARD SUITE 240 NORCROSS GA 30071	Common Stock	05/26/2026	568	1761.00
Khurram Jamil 4960 PEACHTREE INDUSTRIAL BOULEVARD SUIT NORCROSS GA 30071	Common Stock	06/23/2026	7557	23717.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the GALT Form 144 report show?

The form reports proposed and recent sales of Common Stock under Rule 144, naming Khurram Jamil and listing specific share counts and dates, such as 568 shares on 05/26/2026 and 7,557 shares on 06/23/2026.

How many shares were recently sold by the named seller in the GALT excerpt?

The excerpt lists two recent dispositions by the named seller: 568 shares on 05/26/2026 and 7,557 shares on 06/23/2026, with dollar amounts shown alongside each sale.

Does the filing show any option exercises for GALT?

Yes; the filing lists stock option exercise events for Common Stock totaling 16,250 shares (01/23/2025), 2,037 shares (03/20/2024), and 50,000 shares (08/01/2024) as recorded in the excerpt.

Who is identified as the seller in the GALT Form 144 excerpt?

The seller named in the excerpt is Khurram Jamil, with an address shown and two recorded sales on 05/26/2026 and 06/23/2026 for listed share amounts.

Do the amounts in the excerpt indicate large dilution for GALT?

The excerpt provides specific share counts for option exercises and recent sales, but it does not provide total outstanding shares or float in the same sentence to assess dilution magnitude.