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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 5 |
| Period of Report: 12/31/23 |
| Not Subject to Section 16: 0 |
| Form 3 Holdings Reported: 0 |
| Form 4 Transactions Reported: 0 |
| Issuer: |
| Issuer CIK: 1133416 |
| Issuer Name: GALECTIN THERAPEUTICS INC |
| Issuer Trading Symbol: GALT |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1260641 |
| | Owner Name: CZIRR JAMES C |
| Reporting Owner Address: |
| | Owner Street 1: 4908 S. ASHTON CT. |
| | Owner Street 2: |
| | Owner City: SPOKANE, |
| | Owner State: WA |
| | Owner ZIP Code: 99223 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? No |
| | Is Ten Percent Owner? Yes |
| | Is Other? No |
| | Officer Title: |
| | Other Text: |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/31/23 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 5 |
| | | Transaction Code: J |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | | Footnote ID: F2 |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,000 |
| | | Transaction Price Per Share: |
| Value: 6.00 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 761,616 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 9/30/23 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 5 |
| | | Transaction Code: J |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | | Footnote ID: F2 |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,000 |
| | | Transaction Price Per Share: |
| Value: 6.00 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 762,616 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Common stock received in satisfaction of $6,000 of dividends due on Series A Convertible Preferred Stock owned by James C. Czirr pursuant to issuer's option to pay dividends in cash or common stock, at its sole discretion. The dividends were payable on 3/31/20 and 9/30/20. The price is the amount of the dividend divided by the number shares issued in satisfaction of the dividend. |
| Footnote - F2: Exempt from Section 16(b) of the Securities Exchange Act pursuant to Rule 16a-9. |
| Owner Signature: |
| Signature Name: /s/ James C. Czirr |
| Signature Date: 4/25/24 |
