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Galectin (GALT) director awarded 60,000 stock options at $3.04 strike

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CARSON BENJAMIN SR

(Last) (First) (Middle)
4960 PEACHTREE INDUSTRIAL BLVD
SUITE 240

(Street)
NORCROSS GA 30071

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GALECTIN THERAPEUTICS INC [ GALT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/16/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock option (right to buy)(1) $3.04 01/16/2026 A 60,000 (2) 01/16/2036 Common Stock 60,000 $0 60,000 D
Explanation of Responses:
1. The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan.
2. The options vest 100% on December 31, 2026.
Jack W. Callicutt, by power of attorney 01/21/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.
Galectin Therapeutics Inc

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Biotechnology
Pharmaceutical Preparations
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United States
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