Accepted (ET)
1:42 PM
Sep 18, 2026
Filed
Sep 18, 2026
Documents
1
Size
5.8 KB
Summary
Clene (CLNN) Director David Matlin Buys 434,451 Shares
What Happened
David J. Matlin, a director of Clene Inc. (CLNN), acquired 434,451 shares of Clene common stock on September 16, 2026, at $3.28 per share, for a total purchase price of $1,424,999. The shares were purchased directly from the company in a registered direct offering.
Key Details
- Transaction date and price: 2026-09-16 at $3.28 per share.
- Total shares acquired: 434,451; total value: $1,424,999 (≈ $1.425M).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: The shares were issued by the company in a registered direct offering and the issuance was approved by the board under Rule 16b-3. The securities are held by the Matlin Family Trust 2020; David Matlin is the trustee and may be the beneficial owner.
- Filing timeliness: Reported on Form 4 filed 2026-09-18 for a 2026-09-16 transaction (appears timely).
Context
This was a direct purchase from the issuer (an insider buy), which investors often view as a stronger signal than routine sales because it represents an insider committing personal capital. The shares are held in a family trust that may be beneficially owned by Mr. Matlin; the filing does not disclose his total post-transaction holdings.