[Form 4] Galecto, Inc. Insider Trading Activity
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Firmani Lori
Role
Interim CFO
Sold
147 shs ($498.33)
Approx. gross sale proceeds
$498.33
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 374 | $0.00 | $0.00 |
| Exercise | Common Stock | 374 | $0.00 | $0.00 |
| Sale | Common Stock | 147 | $3.39 | $498.33 |
Holdings After Transaction:
Restricted Stock Units — 1,100 contracts (Direct);
Common Stock — 692 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock of the Issuer. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
- F2. Shares sold to cover tax obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its 2020 Equity Incentive Plan and does not represent a discretionary trade by the Reporting Person.
- F3. This award was granted on January 3, 2024. One-third of the RSUs subject to the award vested on January 3, 2025 and one-sixth of the RSUs subject to the award award will vest ratably every six months thereafter, assuming continued employment through the applicable vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.