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Galectin Therapeutics director proposes $112K share sale

A separate June 26 transaction involved 7,732 common shares and gross proceeds of $38,680.

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Form Type
144

Rhea-AI Filing Summary

Galectin Therapeutics Inc. (GALT) director Harold Shlevin gave notice of a proposed sale of 22,268 common shares, with an approximate sale date of June 29, 2026. The shares were acquired through a stock option exercise on January 23, 2025, with cash paid upon exercise. Shlevin also reported selling 7,732 common shares on June 26, 2026, for gross proceeds of $38,680. The notice lists August 29, 2025 as the plan adoption or instruction date for Rule 10b5-1 reliance.

Shares to be sold 22,268 shares Proposed sale; approximate sale date June 29, 2026
Aggregate market value $112,211.88 Shares listed for the proposed sale
Shares outstanding 65,856,898 shares Issuer shares outstanding as reported
Shares sold 7,732 shares Sale on June 26, 2026
Gross proceeds $38,680 Sale on June 26, 2026
Rule 10b5-1 regulatory
"If Relying on Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Aggregate Market Value financial
"Aggregate Market Value"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
STOCK OPTION EXERCISE financial
"Nature of Acquisition Transaction | STOCK OPTION EXERCISE"
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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GALT shares does Harold Shlevin plan to sell?

Shlevin's notice lists 22,268 common shares for a proposed sale, with an approximate sale date of June 29, 2026. The listed aggregate market value is $112,211.88, and Merrill Lynch is named as the broker.

How many GALT shares did Harold Shlevin sell, and for how much?

Shlevin reported selling 7,732 common shares on June 26, 2026, for gross proceeds of $38,680.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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