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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,354 | $3.6698 | $75K |
| Sale | Common Stock | 25,732 | $3.8978 | $100K |
| Exercise | Common Stock | 60,000 | $0.00 | -- |
| Sale | Common Stock | 13,914 | $4.1968 | $58K |
| Exercise | Restricted Stock Unit | 60,000 | $0.00 | -- |
Footnotes (1)
- The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on April 17, 2025, as disclosed in the Issuer?s Quarterly Report on Form 10-Q, filed with the SEC on August 14, 2025. The shares were sold in multiple transactions at prices ranging from $4.00 to $4.34. 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. Shares of common stock acquired for no additional consideration resulting from vesting of Restricted Stock Units. Restricted Stock Units disposed upon conversion into shares of common stock pursuant to vesting on January 2, 2026. The shares were sold in multiple transactions at prices ranging from $3.81 to $4.06. 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. The shares were sold in multiple transactions at prices ranging from $3.47 to $3.81. 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 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.
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.