Galectin Therapeutics (GALT) director reports option exercises and stock sales
Rhea-AI Filing Summary
Galectin Therapeutics director Jack W. Callicutt reported option exercises and related stock sales under a Rule 10b5-1 trading plan adopted on August 29, 2025. On December 12, 2025, he exercised stock options to acquire 19,793 common shares at an exercise price of $4.16 and sold 19,793 shares at a weighted average price of $6.274, leaving 11,206 shares held directly.
On December 15, 2025, he exercised options to acquire 8,417 shares at $4.16 and sold 8,417 shares at a weighted average price of $6.3, with 11,206 Galectin Therapeutics shares shown as beneficially owned directly after the reported transactions. The options exercised have a $4.16 exercise price, vested 25% on June 30, 2018, 25% on September 30, 2018, and 50% on December 31, 2018, and expire on May 22, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock option (right to buy) | 8,417 | $0.00 | -- |
| Exercise | Common Stok | 8,417 | $4.16 | $35K |
| Sale | Common Stock | 8,417 | $6.30 | $53K |
| Exercise | Stock Option (right to buy) | 19,793 | $0.00 | -- |
| Exercise | Common Stock | 19,793 | $4.16 | $82K |
| Sale | Common Stock | 19,793 | $6.274 | $124K |
Footnotes (1)
- The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 29, 2025, as disclosed in the Issuer?s Quarterly Report on Form 10-Q, filed with the SEC on November 14, 2025. The shares were sold in multiple transactions at prices ranging from $6.25 to $6.40. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. The options vested as follows: 25% on each of June 30, 2018 and September 30, 2018, and 50% on December 31, 2018.
FAQ
What insider transaction did Galectin Therapeutics (GALT) report for Jack W. Callicutt?
The report shows that director Jack W. Callicutt exercised stock options and sold Galectin Therapeutics common shares in December 2025 under a Rule 10b5-1 trading plan adopted on August 29, 2025.
What stock options did the Galectin Therapeutics (GALT) director exercise?
He exercised stock options with a $4.16 exercise price to buy 19,793 shares on December 12, 2025 and 8,417 shares on December 15, 2025. These options vest 25% on June 30, 2018, 25% on September 30, 2018, and 50% on December 31, 2018, and expire on May 22, 2028.
Were Jack W. Callicutt’s Galectin Therapeutics (GALT) trades made under a Rule 10b5-1 plan?
Yes. The explanation notes that the reported transactions were made under a Rule 10b5-1 plan adopted by the reporting person on August 29, 2025, as described in a prior quarterly report.
What is Jack W. Callicutt’s relationship to Galectin Therapeutics (GALT)?
Jack W. Callicutt is identified in the report as a director of Galectin Therapeutics Inc. and the form is filed by one reporting person.