Galectin director sells 30,000 shares at ~$5
Galectin Therapeutics director Harold H. Shlevin reported option exercises paired with share sales in Galectin Therapeutics Inc. common stock.
Rhea-AI Filing Summary
Galectin Therapeutics director Harold H. Shlevin reported option exercises paired with share sales in Galectin Therapeutics Inc. common stock. On June 26 and June 29, 2026, he exercised stock options to acquire a total of 30,000 shares at an exercise price of $1.23 per share and sold 30,000 shares in open-market transactions.
Sales on June 26 covered 7,732 shares at $5.00 per share, while June 29 sales covered 22,268 shares at a weighted average price of $5.04, with individual trades ranging from $5.00 to $5.12. The filing notes these transactions were executed under a Rule 10b5-1 trading plan adopted on August 29, 2025. After these trades, Shlevin directly holds 6,500 shares of Galectin common stock, and the exercised options had fully vested on December 31, 2025.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 22,268 | $0.00 | $0.00 |
| Exercise | Common Stock | 22,268 | $1.23 | $27K |
| Sale | Common Stock | 22,268 | $5.04 | $112K |
| Exercise | Stock Option (right to buy) | 7,732 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,732 | $1.23 | $10K |
| Sale | Common Stock | 7,732 | $5.00 | $39K |
Footnotes (4)
- F1. 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 Issuers Quarterly Report on Form 10-Q, filed with the SEC on November 14, 2025
- F2. The shares were sold in multiple transactions at prices ranging from $5.00 to $5.01. 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.
- F3. The options vested 100% on December 31, 2025.
- F4. The shares were sold in multiple transactions at prices ranging from $5.00 to $5.12. 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.
Key Figures
Key Terms
Rule 10b5-1 plan regulatory
Stock Option (right to buy) financial
weighted average sale price financial
open-market sale financial
derivative exercise/conversion financial
FAQ
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