Galectin (GALT) director awarded 60,000 stock options at $3.04 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Galectin Therapeutics director Carson Benjamin Sr reported an award of stock options under the company’s 2019 Omnibus Equity Incentive Plan. On January 16, 2026, he received 60,000 stock options with an exercise price of $3.04 per share, recorded at a price of $0 for the grant itself. These options give the right to buy Galectin Therapeutics common stock and are held as direct ownership.
The options vest 100% on December 31, 2026, meaning they become fully exercisable on that date and remain outstanding until their expiration on January 16, 2036. Following this grant, Benjamin beneficially owns 60,000 derivative securities in the form of these stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CARSON BENJAMIN SR
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?
Galectin Therapeutics reported a Form 4 showing director Carson Benjamin Sr received 60,000 stock options to purchase common stock under the 2019 Omnibus Equity Incentive Plan.
How many Galectin Therapeutics (GALT) options were granted to Carson Benjamin Sr?
Carson Benjamin Sr was granted 60,000 stock options, giving him the right to buy 60,000 shares of Galectin Therapeutics common stock.
What is the exercise price of the new Galectin Therapeutics (GALT) stock options?
The granted stock options have an exercise price of $3.04 per share for Galectin Therapeutics common stock.
When do Carson Benjamin Sr’s Galectin Therapeutics (GALT) options vest and expire?
The options vest 100% on December 31, 2026 and carry an expiration date of January 16, 2036.
How many derivative securities does Carson Benjamin Sr own after this Galectin Therapeutics (GALT) grant?
After the reported grant, Carson Benjamin Sr beneficially owns 60,000 derivative securities in the form of stock options held directly.
Under which plan were the Galectin Therapeutics (GALT) options granted to Carson Benjamin Sr?
The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan.