Ugwumba Chidozie 4

What Happened
Ugwumba Chidozie, reported as a 10% owner of Clene Inc. (CLNN), sold a total of 32,474 shares in three transactions between Jan 16 and Jan 21, 2026. The trades were reported as open-market or private sales: 7,923 shares @ $5.13 ($40,645) on 2026-01-16; 12,432 shares @ $4.80 ($59,674) on 2026-01-20; and 12,119 shares @ $5.05 ($61,201) on 2026-01-21. These were sales (not purchases), which are often routine liquidity events and do not on their own signal company prospects.

Key Details

• Transaction dates & prices:
  • 2026-01-16: 7,923 shares @ $5.13 = $40,645
  • 2026-01-20: 12,432 shares @ $4.80 = $59,674
  • 2026-01-21: 12,119 shares @ $5.05 = $61,201
• Total sold: 32,474 shares for approximately $161,520.
• Shares owned after transaction: Not disclosed in the provided filing summary.
• Footnotes/plan details: No 10b5-1 plan, tax withholding, or other special instructions were noted in the supplied details.
• Filing date vs transaction dates: Form filed Jan 21, 2026 covering trades from Jan 16–21, 2026; the filing provided does not indicate a late-report flag.

Context
As a 10% owner, Chidozie is a significant shareholder but not necessarily a company executive; transactions by large beneficial owners can reflect portfolio or liquidity decisions rather than insider views on operations. Sales are factual events—retail investors should not infer motive from the trades alone and may consider them alongside other insider activity, company fundamentals, and market conditions.