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Galecto (GLTO) Chief Operating Officer files Form 3 showing no owned shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Galecto, Inc. filed an initial insider ownership report for its Chief Operating Officer. The Form 3 identifies Sherwin Sattarzadeh as the company’s Chief Operating Officer and a reporting person under insider ownership rules. The filing states in the remarks that no securities are beneficially owned, meaning the officer reported holding no Galecto, Inc. common stock or derivative securities at the time of this initial statement.

Positive

  • None.

Negative

  • None.
SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Sattarzadeh Sherwin

(Last) (First) (Middle)
C/O GALECTO, INC.,
221 CRESCENT ST, BUILDING 23, SUITE 105

(Street)
WALTHAM MA 02453

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/05/2026
3. Issuer Name and Ticker or Trading Symbol
Galecto, Inc. [ GLTO ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
Exhibit 24 - Power of Attorney
No securities are beneficially owned.
/s/ Lori Firmani, attorney-in-fact 01/26/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Galecto, Inc. (GLTO) disclose in this Form 3 filing?

The Form 3 shows that Sherwin Sattarzadeh, the Chief Operating Officer of Galecto, Inc., is a reporting person for insider ownership purposes and that no securities are beneficially owned.

Who is the reporting person in Galecto (GLTO)'s Form 3?

The reporting person is Sherwin Sattarzadeh, who is identified as the Chief Operating Officer of Galecto, Inc.

Does the Galecto (GLTO) officer report owning any shares or options?

No. The remarks section explicitly states that no securities are beneficially owned, covering both non-derivative and derivative securities.

What type of securities are covered in this Galecto (GLTO) Form 3?

The form includes sections for non-derivative securities and derivative securities, but both are effectively empty because no securities are reported as beneficially owned.

Why is a Form 3 filed for Galecto (GLTO)'s Chief Operating Officer?

A Form 3 is required when someone becomes an officer, director, or significant shareholder. This filing records Sherwin Sattarzadeh’s status as Chief Operating Officer, even though no securities are reported as owned.
Galecto Inc.

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