GALT · Galectin Therapeutics Inc
Substantial doubt about the company's ability to continue as a going concern.
“These factors raise substantial doubt about the Company's ability to continue as a going concern for a period of 12 months from the issuance date of these financial statements.”View the 10-Q filed Aug 14, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-07-31 | Uihlein Richard E |
Director, 10% Owner |
Convert↓
Filing footnotes — Line of Credit Convertible Notes (Indirect)
Consists of $91,000,000 in principal and $14,475,705 in accrued interest. The Line of Credit Convertible Notes are exercisable upon issuance when the issuer draws on the Line of Credit. Notes were issued on December 19, 2022; March 31, 2023; June 30, 2023; December 29, 2023; March 29, 2024; June 28, 2024; September30, 2024; April 30, 2025; June 30, 2025 and December 31, 2025. There was no expiration date; however, the maturity date of all Line of Credit Convertible Notes was June 30, 2027. |
Line of Credit Convertible Notes
(I)
|
0 |
| 2026-07-31 | Uihlein Richard E |
Director, 10% Owner |
Convert↑
|
Common Stock
(I)
|
2,550,932 |
| 2026-07-31 | Uihlein Richard E |
Director, 10% Owner |
Convert↓
Filing footnotes — Line of Credit Convertible Notes (Indirect)
Consists of $10,000,000 of principal and $331,275 of accrued interest. The Line of Credit Convertible Notes are exercisable upon issuance when the issuer draws on the Line of Credit. Notes were issued on December 19, 2022; March 31, 2023; June 30, 2023; December 29, 2023; March 29, 2024; June 28, 2024; September30, 2024; April 30, 2025; June 30, 2025 and December 31, 2025. There was no expiration date; however, the maturity date of all Line of Credit Convertible Notes was June 30, 2027. |
Line of Credit Convertible Notes
(I)
|
0 |
| 2026-07-31 | Uihlein Richard E |
Director, 10% Owner |
Convert↑
|
Common Stock
(I)
|
31,825,235 |
| 2026-07-14 | Jamil Khurram |
Chief Medical Officer |
Sell↓
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 The shares were sold in multiple transactions at prices ranging from $5.00 to $5.32. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
Common Stock
|
16,250 |
| 2026-07-14 | Jamil Khurram |
Chief Medical Officer |
Convert↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 The options vested at a rate of twenty five percent or 16,250 options on each of June 30, 2026; December 31, 2026; June 30, 2027; and December 31, 2027. |
Stock option (right to buy)
|
16,250 |
| 2026-07-14 | Jamil Khurram |
Chief Medical Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 |
Common Stock
|
16,250 |
| 2026-06-29 | Shlevin Harold H. |
Director |
Convert↓
Filing footnotes — Stock Option (right to buy) (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 29. 2025, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on November 14, 2025 The options vested 100% on December 31, 2025. |
Stock Option (right to buy)
|
22,268 |
| 2026-06-29 | Shlevin Harold H. |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 29. 2025, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on November 14, 2025 The shares were sold in multiple transactions at prices ranging from $5.00 to $5.12. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
Common Stock
|
22,268 |
| 2026-06-29 | Jamil Khurram |
Chief Medical Officer |
Convert↓
Filing footnotes — Stock Option (right to buy) (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 The options vested at a rate of twenty five percent or 25,000 options on each of October 31, 2024, January 31, 2025, April 30, 2025 and July 31, 2025. |
Stock Option (right to buy)
|
47,467 |
| 2026-06-29 | Shlevin Harold H. |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 29. 2025, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on November 14, 2025 |
Common Stock
|
22,268 |
| 2026-06-29 | Jamil Khurram |
Chief Medical Officer |
Sell↓
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 The shares were sold in multiple transactions at prices ranging from $5.00 to $5.13. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
Common Stock
|
47,467 |
| 2026-06-29 | Jamil Khurram |
Chief Medical Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 |
Common Stock
|
47,467 |
| 2026-06-26 | Shlevin Harold H. |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 29. 2025, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on November 14, 2025 The shares were sold in multiple transactions at prices ranging from $5.00 to $5.01. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
Common Stock
|
7,732 |
| 2026-06-26 | Jamil Khurram |
Chief Medical Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 |
Common Stock
|
2,533 |
| 2026-06-26 | Jamil Khurram |
Chief Medical Officer |
Convert↓
Filing footnotes — Stock Option (right to buy) (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 The options vested at a rate of twenty five percent or 25,000 options on each of October 31, 2024, January 31, 2025, April 30, 2025 and July 31, 2025. |
Stock Option (right to buy)
|
2,533 |
| 2026-06-26 | Jamil Khurram |
Chief Medical Officer |
Convert↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 The options vested at a rate of one-third or 50,000 options on each of March 11, 2025, March 11, 2026 and March 11, 2027. |
Stock option (right to buy)
|
2,037 |
| 2026-06-26 | Shlevin Harold H. |
Director |
Convert↓
Filing footnotes — Stock Option (right to buy) (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 29. 2025, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on November 14, 2025 The options vested 100% on December 31, 2025. |
Stock Option (right to buy)
|
7,732 |
| 2026-06-26 | Jamil Khurram |
Chief Medical Officer |
Sell↓
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 The shares were sold in multiple transactions at prices ranging from $5.00 to $5.01. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
Common Stock
|
2,037 |
| 2026-06-26 | Shlevin Harold H. |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 29. 2025, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on November 14, 2025 |
Common Stock
|
7,732 |
| 2026-06-26 | Jamil Khurram |
Chief Medical Officer |
Sell↓
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 The shares were sold in multiple transactions at prices ranging from $5.00 to $5.01. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
Common Stock
|
2,533 |
| 2026-06-26 | Jamil Khurram |
Chief Medical Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 |
Common Stock
|
2,037 |
| 2026-06-23 | Jamil Khurram |
Chief Medical Officer |
Sell↓
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 The shares were sold in multiple transactions at prices ranging from $3.10 to $3.17. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
Common Stock
|
7,557 |
| 2026-06-23 | Jamil Khurram |
Chief Medical Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 |
Common Stock
|
7,557 |
| 2026-06-23 | Jamil Khurram |
Chief Medical Officer |
Convert↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 The options vested as follows: 16,250 on each of June 30, 2025, December 31, 2025, June 30, 2026, and December 31, 2026. |
Stock option (right to buy)
|
7,557 |
| 2026-05-26 | Jamil Khurram |
Chief Medical Officer |
Convert↓
Filing footnotes — Stock option (right to buy) (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 The options vest as follows: 16,250 on each of June 30, 2025, December 31, 2025, June 30, 2026, and December 31, 2026. |
Stock option (right to buy)
|
568 |
| 2026-05-26 | Jamil Khurram |
Chief Medical Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 |
Common Stock
|
568 |
| 2026-05-26 | Jamil Khurram |
Chief Medical Officer |
Sell↓
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 2, 2026, as disclosed in the Issuers Quarterly Report on Form 10-Q, filed with the SEC on May 15, 2026 The shares were sold in multiple transactions at prices ranging from $3.00 to $3.01. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
Common Stock
|
568 |
| 2026-03-12 | Brem Henry |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The options vest 100% on December 31, 2026. |
Stock option (right to buy)
|
60,000 |
| 2026-02-06 | ELDRED KARY |
Director |
Buy↑
|
Common Stock
|
300 |
| 2026-01-16 | Jamil Khurram |
Chief Medical Officer |
Award↑
Filing footnotes — Restricted Stock Unit (Direct)
Issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The Restricted Stock Units, if vested, convert into Common Stock on a one for one basis. Restricted Stock Units vest 100% on the earlier of December 31, 2026 or signing of a partnership agreement. |
Restricted Stock Unit
|
100,000 |
| 2026-01-16 | Jamil Khurram |
Chief Medical Officer |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
Issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The options vest as follows: 25% on each of June 30, 2026? December 31, 2026? June 30, 2027? and December 31, 2027. |
Stock option (right to buy)
|
65,000 |
| 2026-01-16 | Schwartz Elissa J. |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The options vest 100% on December 31, 2026. |
Stock option (right to buy)
|
60,000 |
| 2026-01-16 | Zordani Richard A. Jr. |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The options vest 100% on December 31, 2026. |
Stock option (right to buy)
|
60,000 |
| 2026-01-16 | LEWIS JOEL |
Director, President and CEO |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
Issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The original Form 4 filed had an incorrect number of common stock options. This amendment presents the correct number of common stock options granted. The options vest as follows: 25% on each of June 30, 2026? December 31, 2026? June 30, 2027? and December 31, 2027. |
Stock option (right to buy)
|
91,000 |
| 2026-01-16 | Uihlein Richard E |
Director, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
These restricted shares were issued pursuant to the Galectin Therapeutics Inc. 2019 Omnibus Equity Incentive Plan in lieu of a cash retainer and meeting fees of $40,000 for 2026. Restrictions on the shares lapse at a rate of 25% at the end of each calendar quarter in 2026. |
Common Stock
|
13,158 |
| 2026-01-16 | FREEMAN KEVIN D |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The options vest 100% on December 31, 2026. |
Stock option (right to buy)
|
60,000 |
| 2026-01-16 | CALLICUTT JACK W |
Chief Financial Officer |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
Issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The options vest as follows: 25% on each of June 30, 2026? December 31, 2026? June 30, 2027? and December 31, 2027. |
Stock option (right to buy)
|
65,000 |
| 2026-01-16 | Shlevin Harold H. |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The options vest 100% on December 31, 2026. |
Stock option (right to buy)
|
60,000 |
| 2026-01-16 | CARSON BENJAMIN SR |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The options vest 100% on December 31, 2026. |
Stock option (right to buy)
|
60,000 |
| 2026-01-16 | AMELIO GILBERT F |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The options vest 100% on December 31, 2026. |
Stock option (right to buy)
|
60,000 |
| 2026-01-16 | Uihlein Richard E |
Director, 10% Owner |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The options vest 100% on December 31, 2026. |
Stock option (right to buy)
|
60,000 |
| 2026-01-16 | OMENN GILBERT S |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The options vest 100% on December 31, 2026. |
Stock option (right to buy)
|
60,000 |
| 2026-01-16 | CALLICUTT JACK W |
Chief Financial Officer |
Award↑
Filing footnotes — Restricted Stock Unit (Direct)
Issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The Restricted Stock Units, if vested, convert into Common Stock on a one for one basis. Restricted Stock Units vest 100% on the earlier of December 31, 2026 or signing of a partnership agreement. |
Restricted Stock Unit
|
100,000 |
| 2026-01-16 | ELDRED KARY |
Director |
Award↑
Filing footnotes — Stock option (right to buy) (Direct)
The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan. The options vest 100% on December 31, 2026. |
Stock option (right to buy)
|
60,000 |
| 2026-01-06 | LEWIS JOEL |
Director, President and CEO |
Sell↓
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on April 17, 2025, as disclosed in the Issuer?s Quarterly Report on Form 10-Q, filed with the SEC on August 14, 2025. The shares were sold in multiple transactions at prices ranging from $3.36 to $3.79. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
Common Stock
|
37,698 |
| 2026-01-06 | Jamil Khurram |
Chief Medical Officer |
Sell↓
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on April 17, 2025, as disclosed in the Issuer?s Quarterly Report on Form 10-Q, filed with the SEC on August 14, 2025. The shares were sold in multiple transactions at prices ranging from $3.81 to $3.42. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
Common Stock
|
21,446 |
| 2026-01-06 | CALLICUTT JACK W |
Chief Financial Officer |
Sell↓
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on April 17, 2025, as disclosed in the Issuer?s Quarterly Report on Form 10-Q, filed with the SEC on August 14, 2025. The shares were sold in multiple transactions at prices ranging from $3.47 to $3.81. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
Common Stock
|
20,354 |
| 2026-01-05 | LEWIS JOEL |
Director, President and CEO |
Sell↓
Filing footnotes — Common Stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on April 17, 2025, as disclosed in the Issuer?s Quarterly Report on Form 10-Q, filed with the SEC on August 14, 2025. The shares were sold in multiple transactions at prices ranging from $3.81 to $4.06. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
Common Stock
|
27,731 |
| 2026-01-05 | Jamil Khurram |
Chief Medical Officer |
Sell↓
Filing footnotes — Common stock (Direct)
The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on April 17, 2025, as disclosed in the Issuer?s Quarterly Report on Form 10-Q, filed with the SEC on August 14, 2025. The shares were sold in multiple transactions at prices ranging from $3.81 to $4.06. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
Common stock
|
25,499 |