[Form 4] GALECTIN THERAPEUTICS INC Insider Trading Activity
Rhea-AI Filing Summary
Galectin Therapeutics Inc. director and more than 10% owner associated with 10X Fund, L.P. reported recent changes in holdings. On 11/24/2025, 24,000 shares of common stock were transferred in an in-kind distribution to a withdrawing limited partner of 10X Fund, L.P., with no consideration received, which is described as exempt from short-swing profit rules. On 12/16/2025, 30,681 common shares were sold in multiple transactions at a weighted average price of $6.66 per share, with individual trade prices ranging from $6.64 to $6.69. After these transactions, the reporting entities show beneficial ownership of 5,614,457 Galectin Therapeutics shares held directly by 10X Fund, L.P., with 10X Capital Management, LLC and James C. Czirr reporting potential indirect ownership through their roles.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,681 | $6.66 | $204K |
| Other | Common Stock | 24,000 | $0.00 | -- |
Footnotes (1)
- Shares were distributed in an in-kind distribution to a withdrawing limited partner of 10X Fund, LP of his/her/its pro rata share of shares held by 10X Fund, LP, which did not receive any consideration for the transfer. The distribution is exempt from Section 16(b) because it does not constitute a sale of a security under applicable law. 10X Fund, L.P. has direct beneficial ownership of all the securities owned by 10X Fund, L.P. 10X Capital Management, LLC, a Florida limited liability company, is the general partner of 10X Fund, L.P., a Delaware limited partnership, and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by 10X Fund, L.P., but disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein. James C. Czirr is the manager of 10X Capital Management, LLC, and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by 10X Fund, L.P. and 10X Capital Management, LLC., but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. The shares were sold in multiple transactions at prices ranging from $6.64 to $6.69. 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
What insider transactions did Galectin Therapeutics (GALT) report in this filing?
The filing reports two transactions in Galectin Therapeutics common stock: an in-kind distribution of 24,000 shares on 11/24/2025 and an open market sale of 30,681 shares on 12/16/2025.
Who is the reporting person in this Galectin Therapeutics (GALT) insider filing?
The reporting group includes 10X Fund, L.P., its general partner 10X Capital Management, LLC, and James C. Czirr, who is identified as a director and more than 10% owner of Galectin Therapeutics.
What is the size of the reporting persons remaining Galectin Therapeutics (GALT) holdings?
Following the reported transactions, 5,614,457 shares of Galectin Therapeutics common stock are shown as beneficially owned, held directly by 10X Fund, L.P..