Key facts
- This page summarizes Schambye Hans T.'s Form 4 filing for Galecto, Inc. (GLTO).
- 4 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 07 Jan 2025, 16:00.
Schambye Hans T. - 03 Jan 2025 Form 4 Insider Report for Galecto, Inc. (GLTO)
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- GLTO
- Reported as of
- 03 Jan 2025
- Net transaction value
- -$7,510
- SEC form
- 4
- Accepted by SEC
- 07 Jan 2025, 16:00:03 UTC
- Prior SEC filing
- 11 Oct 2024
- Next SEC filing
- 08 Jul 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Lori Firmani, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Schambye Hans T. filed Form 4 for Galecto, Inc. (GLTO) on 07 Jan 2025.
Change
- Previous filing in this sequence was filed on 11 Oct 2024.
- Current net transaction value: -$7,510.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
GLTO
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +2,640
- Change %
- +126%
- Price
- Shares after
- 4,738
- Date
- 03 Jan 2025
- Ownership
- Direct
- Footnotes
- F1
GLTO
transaction
Common Stock
Sale
- Transaction value
- $7,510
- Shares
- -1,341
- Change %
- -28%
- Price
- $5.60
- Shares after
- 3,397
- Date
- 03 Jan 2025
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
GLTO
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -2,640
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 5,360
- Date
- 03 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,640
- Exercise price
- Footnotes
- F1, F3
GLTO
transaction
Derivative
Stock Option (right to buy)
Award
- Transaction value
- $0
- Shares
- +16,400
- Change %
- Price
- $0.000000
- Shares after
- 16,400
- Date
- 03 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 16,400
- Exercise price
- $5.70
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock of the Issuer. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
Footnote F2
Shares sold to cover tax obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its 2020 Equity Incentive Plan and does not represent a discretionary trade by the Reporting Person.
Footnote F3
This award was granted on January 3, 2024. One-third of the RSUs subject to the award vested on January 3, 2025 and one-sixth of the RSUs subject to the award award will vest ratably every six months thereafter, assuming continued employment through the applicable vesting date.
Footnote F4
25% of the shares subject to such option will vest and become exercisable on January 3, 2026 and the remainder of the shares vest in substantially equal monthly installments for a period of 36 months thereafter, subject to the Reporting Person's continuous service to the Issuer on each such date.