STOCK TITAN

Clene Inc. (CLNN) grants director Arjun Desai 3,674 options at $4.19 strike

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Clene Inc. director Arjun JJ Desai received a grant of 3,674 stock options on August 13, 2026 under the Clene Inc. Amended 2020 Stock Plan. Each option has an exercise price of $4.19 per share and is exercisable for common stock. According to the grant terms, the options vest immediately upon grant and expire on August 12, 2036, resulting in post-transaction direct holdings of 3,674 options.

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Insider Desai Arjun JJ
Role Director
Type Security Shares Price Value
Grant/Award stock option F1 3,674 $0.00 $0.00
Holdings After Transaction: stock option — 3,674 shares (Direct)
Footnotes (1)
  1. F1. This option was granted on August 13, 2026 as an option for 3,674 shares of Common Stock under the Clene Inc. Amended 2020 Stock Plan at an exercise price of $4.19 per share. The options vest immediately upon grant.
Options granted 3,674 options Stock option grant to director Arjun JJ Desai on August 13, 2026
Exercise price $4.19 per share Exercise price for the 3,674 stock options
Expiration date August 12, 2036 Option expiration for the granted stock options
Underlying shares 3,674 shares Common stock underlying the granted options
Post-transaction derivative holdings 3,674 options Total derivative securities held directly after the grant
stock option financial
"This option was granted on August 13, 2026 as an option for 3,674 shares"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
"at an exercise price of $4.19 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest immediately upon grant financial
"The options vest immediately upon grant"
Amended 2020 Stock Plan financial
"under the Clene Inc. Amended 2020 Stock Plan at an exercise price"

FAQ

What insider transaction did Clene Inc. (CLNN) report for Arjun JJ Desai?

Clene Inc. reported that director Arjun JJ Desai received a grant of 3,674 stock options on August 13, 2026. The options are for Clene common stock and were awarded under the Amended 2020 Stock Plan.

What is the exercise price of the new Clene Inc. (CLNN) stock options granted to Arjun JJ Desai?

The granted options have an exercise price of $4.19 per share. This means Desai can acquire Clene common stock at $4.19 per share upon exercising the 3,674 options before their expiration date.

When do Arjun JJ Desai’s new Clene Inc. (CLNN) stock options vest?

The options granted to Arjun JJ Desai vest immediately upon grant. There is no vesting schedule delay, so all 3,674 options became exercisable as of the August 13, 2026 grant date.

When do the Clene Inc. (CLNN) stock options granted to Arjun JJ Desai expire?

The stock options granted to Arjun JJ Desai are scheduled to expire on August 12, 2036. He may exercise the 3,674 options at $4.19 per share any time before this expiration date, subject to plan terms.

How many Clene Inc. (CLNN) derivative securities does Arjun JJ Desai hold after this Form 4 transaction?

Following this grant, Arjun JJ Desai directly holds 3,674 stock options related to Clene common stock. The Form 4 shows total derivative securities following the transaction equal to 3,674 options.

Under which plan were Arjun JJ Desai’s Clene Inc. (CLNN) options granted and what do they cover?

The options were granted under the Clene Inc. Amended 2020 Stock Plan as an option for 3,674 shares of common stock. Each option is exercisable at $4.19 per share, vesting immediately upon grant.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Desai Arjun JJ

(Last)(First)(Middle)
6550 SOUTH MILLROCK DRIVE
SUITE G50

(Street)
SALT LAKE CITY UTAH 84121

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Clene Inc. [ CLNN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
stock option$4.1908/13/2026A3,674 (1)08/12/2036common stock3,674$03,674D
Explanation of Responses:
1. This option was granted on August 13, 2026 as an option for 3,674 shares of Common Stock under the Clene Inc. Amended 2020 Stock Plan at an exercise price of $4.19 per share. The options vest immediately upon grant.
/s/ Jerome T. Miraglia POA08/14/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)