GALT affiliate notifies sale of 8,125 shares (NASDAQ: GALT)

Rhea-AI Filing Summary

GALT affiliate submitted a Form 144 notice to sell 8,125 shares of Common Stock. The filing lists an aggregate dollar amount of $25,500.00 and records a recent sale of 568 shares on 05/26/2026 for $1,761.00. The notice references a stock option exercise dated 01/23/2025 and names Stifel Nicolaus & Company Inc as broker.

Insights

Securities Counsel

Form 144 notifies a proposed resale by an affiliate; procedural disclosure only.

The filing lists a proposed sale of 8,125 shares with an aggregate amount of $25,500.00Stifel Nicolaus & Company Inc as the broker. It also records a prior sale of 568 shares on 05/26/2026.

Section 144 notices are routine compliance steps for affiliates planning resale. Cash‑flow treatment and whether proceeds go to the issuer or selling holder are not specified in the excerpt; subsequent Form 4 or transaction reports would show completion details.

Key Figures

Proposed shares to be sold: 8,125 shares Aggregate dollar amount: $25,500.00 Recent sale recorded: 568 shares +2 more

5 metrics

Proposed shares to be sold 8,125 shares listed on the Form 144 notice

Aggregate dollar amount $25,500.00 associated with the 8,125-share resale

Recent sale recorded 568 shares sold on <date>05/26/2026</date> for <b>$1,761.00</b>

Stock option exercise date 01/23/2025 exercise cited on the notice

Date on filing line 06/23/2026 date associated with the securities line and Nasdaq listing

Key Terms

Form 144, Stock Option Exercise, Aggregate dollar amount, Broker (Stifel Nicolaus & Company Inc)

4 terms

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Stock Option Exercise financial

"Common Stock | 01/23/2025 | 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.

Aggregate dollar amount financial

"8125 | 25500.00 | 65856898"

Broker (Stifel Nicolaus & Company Inc) other

"Stifel Nicolaus & Company Inc 501 N Broadway St. Louis MO 63102"

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Available on EDGAR 06/23/2026 - 04:16 PM Accepted by SEC EDGAR 06/23/2026 - 04:15 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	8125	25500.00	65856898	06/23/2026	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			8125	06/23/2026	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

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 GALT's Form 144 report?

It reports a proposed resale of 8,125 shares of Common Stock with an aggregate amount of $25,500.00. The filing names Stifel Nicolaus & Company Inc as broker and cites a prior sale on 05/26/2026.

Does the Form 144 show completed sales for GALT (symbol GALT)?

The excerpt records a completed sale of 568 shares on 05/26/2026 for $1,761.00. The larger 8,125-share item is a proposed resale notice, not a confirmation of completion.

Who is the broker handling the GALT resale notice?

The filing names Stifel Nicolaus & Company Inc at 501 N Broadway, St. Louis, MO. The broker is listed in connection with the proposed sale of 8,125 shares.

Is the proposed sale tied to option activity for GALT?

Yes. The notice references a Stock Option Exercise dated 01/23/2025, indicating the shares to be sold relate to exercised options as disclosed in the excerpt.