GRTX Form 4: CEO Sorensen reports 70,000-share stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Galera Therapeutics, Inc. (GRTX) president and CEO J. Mel Sorensen, who is also a director, reported an open market sale of company stock. On 11/20/2025, he sold 70,000 shares of common stock at a weighted average price of $0.0201 per share, with individual trades executed between $0.02 and $0.0201. After this transaction, he beneficially owned 195,029 shares of Galera Therapeutics common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 70,000 shares ($1,407)
Net Sell
1 txn
Insider
Sorensen Mel
Role
President and CEO
Sold
70,000 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 70,000 | $0.0201 | $1K |
Holdings After Transaction:
Common Stock — 195,029 shares (Direct)
Footnotes (1)
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FAQ
What did Galera Therapeutics (GRTX) disclose in this Form 4 filing?
The filing reports that president, CEO, and director J. Mel Sorensen sold 70,000 shares of Galera Therapeutics common stock on 11/20/2025 and now beneficially owns 195,029 shares directly.
What is the role of the reporting person at Galera Therapeutics (GRTX)?
The reporting person, J. Mel Sorensen, is identified as both a director and an officer of Galera Therapeutics, serving as President and CEO.
Was this GRTX stock sale executed as a single trade or multiple trades?
The sale was executed in multiple transactions, with shares sold at prices ranging from $0.02 to $0.0201; the reported price is a weighted average.
Does the filing mention if the CEO can provide more detail on the trade prices?
Yes. The reporting person undertakes to provide full information about the number of shares sold at each separate price within the stated range to the issuer, any security holder, or SEC staff upon request.