BROWN MORGAN R 4

What Happened

• Morgan R. Brown, Chief Financial Officer of Clene Inc. (CLNN), received a grant of options for 15,000 shares of common stock on June 11, 2026. The options were reported as a derivative award (transaction code A) with no cash paid at grant; the exercise price is $5.53 per share.

Key Details

• Transaction date: June 11, 2026; Form 4 filed June 15, 2026 (accession 0001437749-26-020635).
• Grant: 15,000 stock options; exercise price $5.53; reported acquisition value $0 because this is an option grant.
• Vesting: 25% vests on June 11, 2027, then the remaining 75% vests in 36 equal monthly installments beginning July 11, 2027.
• Shares owned after transaction: not specified in the provided Form 4.
• Plan: Award issued under the Clene Inc. Amended 2020 Stock Plan.
• Filing timeliness: filed within a few days after the grant date (no late-filing indication in the provided data).

Context

• This was an option grant (a derivative award), not a purchase of shares. No immediate cash was exchanged and no shares were sold; value is realized only if and when options are exercised and the stock price exceeds $5.53. Option grants are common for executive compensation and do not by themselves indicate a buy or sell signal.