[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.
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.
How many Galectin Therapeutics (GALT) shares were sold and at what price?
On 12/16/2025, the reporting person sold 30,681 shares of Galectin Therapeutics common stock in multiple transactions at a weighted average price of $6.66 per share, with individual sale prices ranging from $6.64 to $6.69.
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..
What was the 24,000-share transaction reported for Galectin Therapeutics (GALT)?
The 24,000 shares reported on 11/24/2025 were distributed as an in-kind distribution to a withdrawing limited partner of 10X Fund, L.P. The filing states that 10X Fund, L.P. received no consideration and that this distribution is treated as not constituting a sale under applicable law.
How is beneficial ownership of Galectin Therapeutics (GALT) shares described for the reporting entities?
The filing states that 10X Fund, L.P. has direct beneficial ownership of the reported securities. 10X Capital Management, LLC, as general partner, and James C. Czirr, as manager, may be deemed to have indirect beneficial ownership but each disclaims beneficial ownership except to the extent of any pecuniary interest.