Galectin Therapeutics (GALT) director awarded 60,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Galectin Therapeutics Inc. granted stock options to a board member. Director Harold H. Shlevin received stock options covering 60,000 shares of Galectin Therapeutics common stock on January 16, 2026. The options were issued under the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan with an exercise price of $3.04 per share and expire on January 16, 2036. The options vest 100% on December 31, 2026, meaning Shlevin must remain eligible through that date before they become fully exercisable. Following this grant, he beneficially owns 60,000 derivative securities, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shlevin Harold H.
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
Who is the insider in this Galectin Therapeutics (GALT) Form 4 filing?
The filing reports transactions for Harold H. Shlevin, who is identified as a director of Galectin Therapeutics Inc.
What did Harold H. Shlevin receive from Galectin Therapeutics (GALT)?
Harold H. Shlevin was granted stock options for 60,000 shares of Galectin Therapeutics common stock as a derivative security.
What is the exercise price and term of the Galectin Therapeutics (GALT) options?
The stock options have an exercise price of $3.04 per share and an expiration date of January 16, 2036.
When do Harold H. Shlevin’s Galectin Therapeutics (GALT) options vest?
According to the footnotes, the options vest 100% on December 31, 2026, after which they become fully exercisable.
Under which plan were the Galectin Therapeutics (GALT) options granted?
The options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan.
How many Galectin Therapeutics (GALT) derivative securities does Harold H. Shlevin own after this grant?
Following the reported transaction, Harold H. Shlevin beneficially owns 60,000 derivative securities, held in direct ownership.