Ugwumba Chidozie 4
Research Summary
AI-generated summary
Clene (CLNN) 10% Owner Ugwumba Chidozie Sells Shares
What Happened
- Ugwumba Chidozie, reported as a 10% owner of Clene Inc. (CLNN), sold a total of 19,274 shares in three open‑market transactions between Jan 26 and Jan 28, 2026. The individual trades were: 6,418 shares at $5.02 ($32,218) on Jan 26; 4,139 shares at $5.08 ($21,026) on Jan 27; and 8,717 shares at $4.91 ($42,800) on Jan 28. All transactions are sales (code S).
Key Details
- Transaction dates and prices:
- 2026-01-26: 6,418 shares @ $5.02 = $32,218
- 2026-01-27: 4,139 shares @ $5.08 = $21,026
- 2026-01-28: 8,717 shares @ $4.91 = $42,800
- Total sold: 19,274 shares for approximately $96,044.
- Shares owned after the transactions: not specified in the filing information provided here.
- Footnotes/plan indicators: no 10b5‑1 plan, tax withholding, or other special footnotes were noted in the supplied transaction details.
- Filing date: Form 4 was filed Jan 28, 2026; the filing is not indicated as late in the provided record.
Context
- These were open‑market sales by a 10% owner. Sales by large shareholders can be routine (liquidity, portfolio rebalancing) and do not necessarily signal insider pessimism; purchases tend to be more informative about insiders' confidence. The transactions reported here are straightforward sales (no option exercises, gifts, or awards).