Director at Clene (CLNN) receives grant of 3,271 stock options

Rhea-AI Filing Summary

Clene Inc. director Jonathon Gay reported receiving a grant of stock options. The award covers 3,271 shares of Common Stock, granted on February 19, 2026 under the Clene Inc. Amended 2020 Stock Plan at an exercise price of $4.73 per share. The options vest immediately upon grant, and Gay now directly holds 3,271 stock options following this acquisition.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gay Jonathon

Role Director

Type	Security	Shares	Price	Value
Grant/Award	stock option	3,271	$0.00	--

Holdings After Transaction: stock option — 3,271 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gay Jonathon

(Last) (First) (Middle)

6550 SOUTH MILLROCK DRIVE

SUITE G50

(Street)

SALT LAKE CITY UT 84121

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Clene Inc. [ CLNN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
stock option	$4.73	02/19/2026		A		3,271		(1)	02/18/2036	common stock	3,271	$0	3,271	D

Explanation of Responses:

1. This option was granted on February 19, 2026 as an option for 3,271 shares of Common Stock under the Clene Inc. Amended 2020 Stock Plan at an exercise price of $4.73 per share. The options vest immediately upon grant.

	/s/ Jerome T. Miraglia POA	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Clene Inc. (CLNN) disclose for Jonathon Gay?

Clene Inc. disclosed that director Jonathon Gay received a grant of stock options covering 3,271 shares of Common Stock. The options were awarded under the Clene Inc. Amended 2020 Stock Plan and are reported as directly owned following the transaction.

How many Clene Inc. stock options were granted to director Jonathon Gay?

Director Jonathon Gay was granted stock options for 3,271 shares of Clene Inc. Common Stock. This entire amount reflects a single award and represents his total stock options directly owned following the reported February 19, 2026 grant.

What is the exercise price of Jonathon Gay’s Clene Inc. stock options?

The exercise price of Jonathon Gay’s Clene Inc. stock options is $4.73 per share. This price is fixed in the grant and applies to all 3,271 optioned shares awarded under the company’s Amended 2020 Stock Plan.

When were the Clene Inc. stock options granted to Jonathon Gay?

The stock options granted to Jonathon Gay were awarded on February 19, 2026. This date marks the official grant under the Clene Inc. Amended 2020 Stock Plan and is the transaction date reported in the Form 4 filing.

Do Jonathon Gay’s Clene Inc. stock options vest over time or immediately?

Jonathon Gay’s Clene Inc. stock options vest immediately upon grant. This means all 3,271 options became exercisable as of the February 19, 2026 grant date, according to the terms described in the Form 4 footnote.

Under which plan were Jonathon Gay’s Clene Inc. options granted?

The stock options granted to Jonathon Gay were issued under the Clene Inc. Amended 2020 Stock Plan. This plan governs the terms of the award, including the 3,271-share amount, immediate vesting, and the $4.73 per share exercise price.