Richard E. Uihlein - 26 Sep 2023 Form 4 Insider Report for GALECTIN THERAPEUTICS INC (GALT)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: GALT
Reported as of: 26 Sep 2023
Net transaction value: +$10,033,020
SEC form: 4
Accepted by SEC: 27 Sep 2023, 14:03:15 UTC
Prior SEC filing: 30 Jan 2023
Next SEC filing: 07 Feb 2024
Source filing: View source filing
Reporting owner signature: Jack W. Callicutt, by power of attorney

Key filing fact

Richard E. Uihlein filed Form 4 for GALECTIN THERAPEUTICS INC (GALT) on 27 Sep 2023.

Key facts

This page summarizes Richard E. Uihlein's Form 4 filing for GALECTIN THERAPEUTICS INC (GALT).
10 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 27 Sep 2023, 14:03.

Change

Previous filing in this sequence was filed on 30 Jan 2023.
Current net transaction value: +$10,033,020.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GALT transaction

Common Stock

Options Exercise

Transaction value: $7,331,020
Shares: +1,466,204
Change %: +18%
Price: $5.00
Shares after: 9,466,495
Date: 26 Sep 2023
Ownership: Direct

GALT transaction

Common Stock

Options Exercise

Transaction value: $850,000
Shares: +170,000
Change %: +1.8%
Price: $5.00
Shares after: 9,635,495
Date: 26 Sep 2023
Ownership: Direct

GALT transaction

Common Stock

Options Exercise

Transaction value: $600,000
Shares: +200,000
Change %: +2.1%
Price: $3.00
Shares after: 9,835,495
Date: 26 Sep 2023
Ownership: Direct

GALT transaction

Common Stock

Options Exercise

Transaction value: $652,000
Shares: +200,000
Change %: +2%
Price: $3.26
Shares after: 10,035,495
Date: 26 Sep 2023
Ownership: Direct

GALT transaction

Common Stock

Options Exercise

Transaction value: $600,000
Shares: +200,000
Change %: +2%
Price: $3.00
Shares after: 10,235,495
Date: 26 Sep 2023
Ownership: Direct

GALT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 27,710
Date: 26 Sep 2023
Ownership: By Ed Uihlein Family Foundation
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GALT transaction Derivative

Common Stock Purchase Warrant (right to buy)

Options Exercise

Transaction value: $0
Shares: -1,466,204
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 26 Sep 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,466,204
Exercise price: $5.00

GALT transaction Derivative

Common Stock Purchase Warrant (right to buy)

Options Exercise

Transaction value: $0
Shares: -170,000
Change %: -34%
Price: $0.000000
Shares after: 330,000
Date: 26 Sep 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 170,000
Exercise price: $5.00

GALT transaction Derivative

Common Stock Purchase Warrant (right to buy)

Options Exercise

Transaction value: $0
Shares: -200,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 26 Sep 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 200,000
Exercise price: $3.00

GALT transaction Derivative

Common Stock Purchase Warrant (right to buy)

Options Exercise

Transaction value: $0
Shares: -200,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 26 Sep 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 200,000
Exercise price: $3.26

GALT transaction Derivative

Common Stock Purchase Warrant (right to buy)

Options Exercise

Transaction value: $0
Shares: -200,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 26 Sep 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 200,000
Exercise price: $3.00

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The reporting person is president and director of Ed Uihlein Family Foundation, a not-for-profit corporation. The reporting person has no pecuniary interest in the shares, however, he shares voting and dispositive power over the shares and, therefore, remains the beneficial owner of the shares solely for the purposes of Section 13(d) of the Securities Exchange Act of 1934.