Jacobovitz Shalom 4

What Happened
Shalom Jacobovitz, a director of Clene Inc. (CLNN), received two option awards on May 21, 2026 totaling 4,291 options covering common shares. The Form 4 reports 2,791 options that vest immediately and 1,500 options that vest over 12 months. The options carry an exercise (strike) price of $6.81 per share; the grant required no cash payment at issuance.

Key Details

• Transaction date: May 21, 2026; Form 4 filed May 22, 2026.
• Award type: Derivative securities (stock options) granted (code A on Form 4).
• Options: 2,791 shares — immediately vested (footnote F2); 1,500 shares — vest in 12 equal monthly installments starting June 21, 2026 (footnote F1).
• Exercise price: $6.81 per share for all options. Exercising all 4,291 options would require ~$29,221.71 in aggregate exercise payments (4,291 × $6.81).
• Reported dollar amount at grant: $0.00 (no cash exchanged at grant).
• Shares owned after transaction: not specified in this filing.
• Filing timeliness: filed the day after the grants (May 22, 2026) — not indicated as late in the filing.

Context
These entries are option grants (an award), not open‑market purchases or sales. The immediately vested tranche means Jacobovitz can exercise those options right away (subject to exercise and holding rules), while the 1,500 options vest monthly over one year. Grants are common compensation for directors; they give the right to buy shares at the strike price and do not by themselves represent a sale or purchase of underlying stock until options are exercised.