Clene (CLNN) Director Jacobovitz Receives Option Award

What Happened Jacobovitz Shalom, a director of Clene Inc. (CLNN), was granted options for 4,752 shares on August 13, 2026. The award is reported as a derivative grant (transaction code A) with an exercise price of $4.19 per share; the options vested immediately upon grant. The Form 4 reports an acquisition amount of $0 because this is an option award, not a cash purchase or sale.

Key Details

• Transaction date: 2026-08-13; Form 4 filed 2026-08-14 (timely within required reporting window).
• Grant: options to acquire 4,752 shares of common stock under Clene’s Amended 2020 Stock Plan.
• Exercise price: $4.19 per share; exercising all options would require about $19,910.88 (4,752 × $4.19).
• Vesting: options vest immediately upon grant (fully exercisable).
• Acquisition reported as derivative (A); no shares were sold or bought on the open market in this filing.
• Shares owned after the transaction: not disclosed in the provided filing details.

Context This is a stock-option grant (award) to a director rather than an open-market purchase or sale. Because the options vest immediately, the director can exercise them at the stated strike price, but exercising would require payment of the exercise price (or using any permitted cashless exercise procedure if available). Grants like this are common for director compensation and do not by themselves indicate whether the insider will buy or sell shares.