Galecto Director Awarded 720 Stock Options at $3.22 Strike
Galecto (NASDAQ:GLTO) filed a routine Form 4 disclosing that director Anne Prener received an automatic equity award under the company’s Non-Employee Director Compensation Policy.
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Rhea-AI Filing Summary
Galecto (NASDAQ:GLTO) filed a routine Form 4 disclosing that director Anne Prener received an automatic equity award under the company’s Non-Employee Director Compensation Policy.
On 18 June 2025, Prener was granted 720 non-qualified stock options with an exercise price of $3.22 per share. The options vest in equal monthly instalments over 12 months and expire on 18 June 2035. No common shares were sold or otherwise disposed of, and her beneficial ownership now reflects the 720 newly issued options. The filing contains no other transactions, sales, or material amendments.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 720 | $0.00 | $0.00 |
Footnotes (1)
- F1. Pursuant to the Issuer's Non-Employee Director Compensation Policy, this option was automatically granted on June 18, 2025, the date of the Issuer's 2025 Annual Meeting of Stockholders, with shares subject to the option vesting in equal monthly installments until the first anniversary of the grant date.
FAQ
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How many stock options did GLTO director Anne Prener receive on 18 June 2025?
What is the exercise price of the options granted to GLTO's director?
When do Anne Prener’s newly granted GLTO options vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.