Research Summary
AI-generated summary of this SEC filing
Clene (CLNN) Director Gay Jonathon Receives Option Grant
What Happened
Gay Jonathon, a director of Clene Inc. (CLNN), was granted options for 3,794 shares of common stock on August 13, 2026. The grant is reported as a derivative award (code A) with no cash exchanged at grant; the options carry an exercise price of $4.19 per share and vest immediately upon grant.
Key Details
- Transaction date (period of report): August 13, 2026; Form 4 filed August 14, 2026 (timely).
- Reported transaction: Award/grant of options for 3,794 shares; acquisition price reported as $0 (derivative).
- Exercise price: $4.19 per share (per footnote F1).
- Vesting: Options vest immediately upon grant.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Footnote: F1 states the grant was made under the Clene Inc. Amended 2020 Stock Plan and vests immediately.
- Transaction code: A = award/grant (not an open-market purchase or sale).
Context
This was a grant of stock options (a compensation award), not an exercise or sale. No shares were purchased or sold at the time of the grant; the recipient gains the right to buy shares later by paying the $4.19 strike price. Such grants are common for directors as part of compensation and do not, by themselves, indicate buying or selling in the market.