Galectin Therapeutics (GALT) director receives 60,000 stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Galectin Therapeutics (GALT) director granted stock options
Galectin Therapeutics director Gilbert F. Amelio reported receiving stock options for 60,000 shares of the company’s common stock on January 16, 2026. The options have an exercise price of $3.04 per share and were issued under the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. According to the filing, the options vest 100% on December 31, 2026, meaning they become fully exercisable on that date. Following this grant, Amelio beneficially owns 60,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
AMELIO GILBERT F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option (right to buy) | 60,000 | $0.00 | -- |
Holdings After Transaction:
Stock option (right to buy) — 60,000 shares (Direct)
Footnotes (1)
- The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The options vest 100% on December 31, 2026.
FAQ
What insider transaction did Galectin Therapeutics (GALT) report in this Form 4?
The filing reports that director Gilbert F. Amelio received a grant of 60,000 stock options for Galectin Therapeutics common stock on January 16, 2026.
What is the exercise price of the Galectin Therapeutics (GALT) stock options granted to Gilbert F. Amelio?
The stock options granted to Gilbert F. Amelio have an exercise price of $3.04 per share for Galectin Therapeutics common stock.
When do Gilbert F. Amelio’s Galectin Therapeutics (GALT) stock options vest?
The options reported in the filing vest 100% on December 31, 2026, after which they become fully exercisable.
How many Galectin Therapeutics (GALT) derivative securities does Gilbert F. Amelio own after this transaction?
After the reported grant, Gilbert F. Amelio beneficially owns 60,000 stock options directly, as stated in the filing.
Under which plan were the Galectin Therapeutics (GALT) options to Gilbert F. Amelio granted?
The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan, according to the footnotes.
What is the nature of ownership for Gilbert F. Amelio’s Galectin Therapeutics (GALT) options?
The Form 4 lists the 60,000 stock options as held with direct (D) ownership by Gilbert F. Amelio.