GALT CFO exercises options, sells 5,291 shares under 10b5-1 plan
Galectin Therapeutics (GALT) CFO Jack W. Callicutt reported option exercises and same‑day sales on 11/10/2025 under a Rule 10b5‑1 plan adopted on April 17, 2025.
Rhea-AI Filing Summary
Galectin Therapeutics (GALT) CFO Jack W. Callicutt reported option exercises and same‑day sales on 11/10/2025 under a Rule 10b5‑1 plan adopted on April 17, 2025. He exercised stock options for 5,291 shares (strike prices: $1.11, $1.23, and $1.98) and sold the same number of shares in open‑market transactions.
Sales were executed at weighted average prices of $6.022, $6.0266, and $6.0298, with individual trades ranging from $6.00 to $6.14. Following these transactions, he directly owned 7,614 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock option (right to buy) | 1,880 | $0.00 | $0.00 |
| Exercise | Stock option (right to buy) | 1,675 | $0.00 | $0.00 |
| Exercise | Stock option (right to buy) | 1,736 | $0.00 | $0.00 |
| Exercise | Common stock | 1,880 | $1.98 | $4K |
| Sale | Common stock | 1,880 | $6.022 | $11K |
| Exercise | Common stock | 1,675 | $1.11 | $2K |
| Sale | Common stock | 1,675 | $6.0266 | $10K |
| Exercise | Common stock | 1,736 | $1.23 | $2K |
| Sale | Common stock | 1,736 | $6.0298 | $10K |
Footnotes (5)
- F1. The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on April 17, 2025, as disclosed in the Issuer?s Quarterly Report on Form 10-Q, filed with the SEC on August 14, 2025.
- F2. The options vested as follows: 25% on each of June 30, 2022, December 31, 2022, June 30, 2023, and December 31, 2023.
- F3. The options vested as follows: 25% on each of June 30, 2023, December 31, 2023, June 30, 2024, and December 31, 2024.
- F4. The options vests as follows: 25% on June 30, 2025, with 25% scheduled to vest on each of December 31, 2025, June 30, 2026, on December 31, 2026.
- F5. The shares were sold in multiple transactions at prices ranging from $6.00 to $6.14. 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.
FAQ
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What did GALT CFO Jack W. Callicutt report on Form 4?
What were the option exercise prices disclosed by GALT?
Was the transaction under a 10b5-1 trading plan?
Which positions/options were involved in the GALT Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.