Clene (CLNN) major holder sells 24,925 shares at $4.81
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clene Inc. insider filing shows an indirect share sale by a large holder. On April 2, 2026, SymBiosis II, LLC, an entity associated with ten percent owner Ugwumba Chidozie, completed an open-market sale of 24,925 shares of Clene common stock at $4.81 per share. Following this transaction, the entity continued to hold 401,891 shares of common stock indirectly, indicating the sale represented only a portion of its overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 24,925 shares ($119,889)
Net Sell
1 txn
Insider
Ugwumba Chidozie
Role
10% Owner
Sold
24,925 shs ($120K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 24,925 | $4.81 | $120K |
Holdings After Transaction:
Common Stock — 401,891 shares (Indirect, By SymBiosis II, LLC)
Footnotes (1)
Key Figures
Shares sold: 24,925 shares
Sale price per share: $4.81 per share
Shares held after sale: 401,891 shares
+1 more
4 metrics
Shares sold
24,925 shares
Open-market sale of Clene common stock on April 2, 2026
Sale price per share
$4.81 per share
Reported transaction price for the April 2, 2026 sale
Shares held after sale
401,891 shares
Indirect holdings through SymBiosis II, LLC following the transaction
Net shares sold
24,925 shares
Net change in position from this Form 4, classified as net-sell
Key Terms
open-market sale, ten percent owner, indirect ownership
3 terms
open-market sale financial
"transaction_action: "open-market sale" for the common stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
ten percent owner financial
"reporting person Ugwumba Chidozie is marked as "is_ten_percent_owner": 1"
indirect ownership financial
"direct_or_indirect: "I" with nature_of_ownership: "By SymBiosis II, LLC""
FAQ
What insider transaction did Clene (CLNN) report in this Form 4?
Clene reported an indirect open-market sale of 24,925 shares of common stock. The sale was executed on April 2, 2026 by SymBiosis II, LLC, an entity associated with ten percent owner Ugwumba Chidozie, at a reported price of $4.81 per share.
Is this Clene (CLNN) insider trade an open-market sale or another type of transaction?
The transaction is characterized as an open-market sale of common stock. The Form 4 uses transaction code “S” and describes it as a sale in an open market or private transaction, indicating a straightforward disposition rather than an option exercise or gift.