Galectin Therapeutics (GALT) director receives grant of 60,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Galectin Therapeutics Inc. director Elissa J. Schwartz received a grant of stock options for 60,000 shares of common stock. The options were awarded on January 16, 2026 under the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan with an exercise price of $3.04 per share and an expiration date of January 16, 2036.
The filing states that these options vest 100% on December 31, 2026, meaning they become fully exercisable on that date. Following this grant, Schwartz beneficially owns 60,000 derivative securities in the form of stock options, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schwartz Elissa J.
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 did Galectin Therapeutics (GALT) director Elissa J. Schwartz report in this Form 4?
Elissa J. Schwartz reported receiving a grant of 60,000 stock options for Galectin Therapeutics Inc. common stock, awarded on January 16, 2026.
What are the key terms of the stock options granted to Elissa J. Schwartz at GALT?
The stock options have an exercise price of $3.04 per share, were granted on January 16, 2026, and expire on January 16, 2036.
When do Elissa J. Schwartz’s Galectin Therapeutics (GALT) options vest?
The filing states that the options vest 100% on December 31, 2026, at which point they become fully exercisable.
Under which plan were the Galectin Therapeutics (GALT) options issued to Elissa J. Schwartz?
The options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan.
How many Galectin Therapeutics (GALT) derivative securities does Elissa J. Schwartz own after this transaction?
After this grant, Elissa J. Schwartz beneficially owns 60,000 derivative securities in the form of stock options, held directly.
Is Elissa J. Schwartz an officer or a director of Galectin Therapeutics (GALT)?
The filing identifies Elissa J. Schwartz as a director of Galectin Therapeutics Inc. and not as an officer or 10% owner.