Galectin Therapeutics (GALT) CEO awarded 91,000 stock options grant
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Galectin Therapeutics Inc. reported an amended insider transaction for its President, CEO and director, Jack W. Callicutt. On January 16, 2026, he was granted a stock option to buy 91,000 shares of common stock at an exercise price of $3.04 per share under the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan.
The option vests in four equal installments of 25% on June 30, 2026, December 31, 2026, June 30, 2027, and December 31, 2027, and expires on January 16, 2036. Following this grant, Callicutt directly holds 91,000 derivative securities in the form of these options. This Form 4/A corrects the originally filed number of options previously reported on January 21, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LEWIS JOEL
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option (right to buy) | 91,000 | $0.00 | -- |
Holdings After Transaction:
Stock option (right to buy) — 91,000 shares (Direct)
Footnotes (1)
- Issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The options vest as follows: 25% on each of June 30, 2026? December 31, 2026? June 30, 2027? and December 31, 2027. The original Form 4 filed had an incorrect number of common stock options. This amendment presents the correct number of common stock options granted.
FAQ
What did Galectin Therapeutics (GALT) disclose in this Form 4/A?
The filing reports an amended insider transaction showing that President, CEO and director Jack W. Callicutt received a grant of 91,000 stock options in Galectin Therapeutics Inc.
How many Galectin Therapeutics (GALT) stock options were granted to Jack W. Callicutt?
Jack W. Callicutt was granted 91,000 stock options, each exercisable for one share of Galectin Therapeutics common stock at an exercise price of $3.04 per share.
What is the vesting schedule for the 91,000 Galectin Therapeutics (GALT) stock options?
The options vest in four equal 25% tranches on June 30, 2026, December 31, 2026, June 30, 2027, and December 31, 2027.
When do Jack W. Callicutt’s Galectin Therapeutics (GALT) stock options expire?
The stock options granted to Jack W. Callicutt expire on January 16, 2036, giving him the right to purchase common shares until that date at $3.04 per share.
Under which plan were the Galectin Therapeutics (GALT) options granted?
The options were issued under the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan, as noted in the explanation of responses.
Why is this Galectin Therapeutics (GALT) Form 4 an amendment?
This is an amendment because the original Form 4 filed on January 21, 2026 reported an incorrect number of common stock options; this Form 4/A presents the correct 91,000-option grant.
Does Jack W. Callicutt hold these Galectin Therapeutics (GALT) options directly or indirectly?
The filing shows that the 91,000 stock options are held with direct ownership by Jack W. Callicutt.