Galectin Therapeutics (GALT) CFO details 10b5-1 stock sales in Form 4
Rhea-AI Filing Summary
Galectin Therapeutics Chief Financial Officer Jack W. Callicutt reported a series of equity transactions in early January 2026. On January 1, 2026, 60,000 Restricted Stock Units converted into common shares at an exercise price of $0, and on January 2, 2026 he acquired 60,000 common shares for no additional consideration upon vesting.
Also on January 2, 2026, he sold 13,914 common shares at a weighted average price of $4.1968, followed by sales of 25,732 shares on January 5, 2026 at a weighted average of $3.8978 and 20,354 shares on January 6, 2026 at a weighted average of $3.6698. These sales, totaling 60,000 shares, were made under a Rule 10b5-1 trading plan adopted on April 17, 2025, and left him holding 7,614 common shares directly.
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FAQ
What insider activity did Galectin Therapeutics (GALT) report for its CFO?
Galectin Therapeutics reported that Chief Financial Officer Jack W. Callicutt had 60,000 Restricted Stock Units vest and convert into common stock, followed by sales of 60,000 common shares over several days in January 2026.
On what dates did the Galectin Therapeutics CFO sell GALT common stock?
The CFO sold 13,914 shares of common stock on January 2, 2026, 25,732 shares on January 5, 2026, and 20,354 shares on January 6, 2026.
What prices did the Galectin Therapeutics CFO receive for the GALT share sales?
The sales were executed at weighted average prices of $4.1968 on January 2, 2026, $3.8978 on January 5, 2026, and $3.6698 on January 6, 2026, with each day including multiple trades within disclosed price ranges.
Were the Galectin Therapeutics CFO’s GALT share sales under a Rule 10b5-1 plan?
Yes. The filing states that the reported transactions were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 17, 2025 and previously disclosed in a Form 10-Q.
How many Galectin Therapeutics shares does the CFO own after these transactions?
After the reported vesting and sales, the CFO directly beneficially owns 7,614 shares of Galectin Therapeutics common stock.
How were the Galectin Therapeutics CFO’s RSUs reflected in this Form 4?
The filing shows 60,000 Restricted Stock Units with an exercise price of $0 that became exercisable on January 1, 2026 and were disposed of upon conversion into 60,000 common shares on January 2, 2026 due to vesting.