Galectin CEO granted 91,000 stock options
Galectin Therapeutics Inc. reported an amended insider transaction for its President, CEO and director, Jack W. Callicutt.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option (right to buy) | 91,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. Issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan.
- F2. The options vest as follows: 25% on each of June 30, 2026? December 31, 2026? June 30, 2027? and December 31, 2027.
- F3. 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
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What did Galectin Therapeutics (GALT) disclose in this Form 4/A?
How many Galectin Therapeutics (GALT) stock options were granted to Jack W. Callicutt?
What is the vesting schedule for the 91,000 Galectin Therapeutics (GALT) stock options?
When do Jack W. Callicutt’s Galectin Therapeutics (GALT) stock options expire?
Under which plan were the Galectin Therapeutics (GALT) options granted?
Why is this Galectin Therapeutics (GALT) Form 4 an amendment?
Does Jack W. Callicutt hold these Galectin Therapeutics (GALT) options directly or indirectly?
AI-generated analysis. How Rhea-AI works. Not financial advice.