Jain Global discloses 7.5% Galecto (GLTO) stake via master fund

Rhea-AI Filing Summary

Jain Global LLC, Jain Holdings LLC, and Robert Jain reported beneficial ownership of 120,566 shares of Galecto, Inc. common stock, representing 7.5% of the company. This stake is held through Jain Global Master Fund Ltd, for which Jain Global serves as investment manager.

The percentage is based on 1,597,321 shares outstanding as of December 29, 2025, as reported in Galecto’s definitive proxy statement. The securities are certified as being acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of Galecto.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Galecto, Inc.

(Name of Issuer)

Common Stock, $0.00001 par value per share

(Title of Class of Securities)

36322Q206

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 36322Q206

1

Names of Reporting Persons

Jain Global LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 120,566.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 120,566.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

120,566.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.5 %

12

Type of Reporting Person (See Instructions)

IA, OO

SCHEDULE 13G

CUSIP No. 36322Q206

1

Names of Reporting Persons

Jain Holdings LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 120,566.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 120,566.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

120,566.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.5 %

12

Type of Reporting Person (See Instructions)

HC, OO

SCHEDULE 13G

CUSIP No. 36322Q206

1

Names of Reporting Persons

Robert Jain

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 120,566.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 120,566.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

120,566.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.5 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Galecto, Inc.
(b)	Address of issuer's principal executive offices: 75 State Street, Suite 100, Boston, Massachusetts 02109
Item 2.
(a)	Name of person filing: This Schedule 13G is being jointly filed by Jain Global LLC ("Jain Global"), a registered investment adviser, Jain Holdings LLC ("Jain Holdings"), and Mr. Robert Jain (collectively with Jain Global and Jain Holdings, the "Reporting Persons") with respect to the common stock, $0.00001 par value per share ("Shares"), of Galecto, Inc. (the "Company") owned by Jain Global Master Fund Ltd (the "Fund"). Jain Global is the investment manager for the Fund. Jain Holdings is the sole member of Jain Global. Mr. Jain is the Chief Executive Officer and Chief Investment Officer of Jain Global, and owns a controlling interest in Jain Holdings. This Schedule 13G shall not be construed as an admission by the Reporting Persons that they are the beneficial owners of any of the Shares covered by this Schedule 13G.
(b)	Address or principal business office or, if none, residence: The address of each of the Reporting Persons is 9 West 57th Street, 39th Floor, New York, New York, 10019.
(c)	Citizenship: Each of Jain Global and Jain Holdings is organized as a limited liability company under the laws of the State of Delaware. Mr. Jain is a U.S. citizen.
(d)	Title of class of securities: Common Stock, $0.00001 par value per share
(e)	CUSIP No.: 36322Q206
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference. The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 1,597,321 Shares outstanding as of December 29, 2025, as reported in the Company's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on December 31, 2025.
(b)	Percent of class: 7.5%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
	(ii) Shared power to vote or to direct the vote: The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
	(iii) Sole power to dispose or to direct the disposition of: The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
	(iv) Shared power to dispose or to direct the disposition of: The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. See Item 2(a). The Fund has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, more than 5 percent of the outstanding Shares.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Jain Global LLC

Signature:	/s/ NOAH GOLDBERG
Name/Title:	NOAH GOLDBERG, AUTHORIZED SIGNATORY
Date:	02/17/2026

Jain Holdings LLC

Signature:	/s/ NOAH GOLDBERG
Name/Title:	NOAH GOLDBERG, AUTHORIZED SIGNATORY
Date:	02/17/2026

Robert Jain

Signature:	/s/ NOAH GOLDBERG
Name/Title:	NOAH GOLDBERG, ATTORNEY-IN-FACT*
Date:	02/17/2026

Comments accompanying signature: * Noah Goldberg is signing on behalf of Robert Jain as attorney-in-fact pursuant to a power of attorney filed with the Securities and Exchange Commission attached hereto as Exhibit 99.1

Exhibit Information

Exhibit 99.1: Power of Attorney for Noah Goldberg Exhibit 99.2: Joint Filing Agreement

FAQ

What stake in Galecto (GLTO) does Jain Global report on this Schedule 13G?

The filing reports that Jain Global and related reporting persons beneficially own 120,566 Galecto common shares, representing 7.5% of the outstanding class. The stake is held through Jain Global Master Fund Ltd, with Jain Global acting as investment manager.

How is the 7.5% ownership of Galecto (GLTO) calculated in this Schedule 13G?

The 7.5% ownership is calculated using an aggregate of 1,597,321 Galecto common shares outstanding as of December 29, 2025. This outstanding share count comes from Galecto’s definitive proxy statement filed on December 31, 2025.

Who are the reporting persons in the Galecto (GLTO) Schedule 13G filing?

The reporting persons are Jain Global LLC, Jain Holdings LLC, and Robert Jain. Jain Global is the investment manager for Jain Global Master Fund Ltd, Jain Holdings is the sole member of Jain Global, and Robert Jain controls Jain Holdings and leads Jain Global.

Is Jain Global’s Galecto (GLTO) position considered passive or activist?

The position is certified as passive. The securities were acquired and are held in the ordinary course of business and explicitly not for the purpose of changing or influencing control of Galecto, according to the certification language in the filing.

Who has voting and dispositive power over the Galecto (GLTO) shares reported?

The filing states 0 shares with sole voting or dispositive power and 120,566 shares with shared voting and shared dispositive power for each reporting person. This reflects coordinated control over how the stake is voted and potentially sold.

Where are the Jain Global reporting persons for Galecto (GLTO) based?

Each reporting person lists its address as 9 West 57th Street, 39th Floor, New York, NY 10019. Jain Global LLC and Jain Holdings LLC are Delaware limited liability companies, and Robert Jain is a U.S. citizen.