Director Shlevin sold 175,790 shares (94.0% of holdings) for $1.1M across 8 transactions on 2025-12-08 to 2025-12-09
Harold Shlevin, a director at Galectin Therapeutics, executed 8 separate sales totaling 175,790 shares for $1,055,311.14 at an average price of $6.00 per share, reducing his stake from 186,996 shares to 11,206 shares—a 94.0% reduction in holdings. The sales occurred at prices ranging from $5.95 to $6.27 per share, near the 52-week high of $6.30 and $0.81 above the current price of $5.49. The company is unprofitable with a net loss of $8,184,000.00 over the most recent full fiscal year, and Shlevin's prior buy activity at this ticker (1 prior trade in December 2024) showed positive 90-day returns of 31.0%, suggesting his historical timing at GALT has been favorable. The near-complete liquidation of a director's position during an unprofitable period, at prices near 52-week highs, warrants investor attention to underlying business dynamics and management confidence signals.