Director Arjun JJ Desai filed a Form 4 with the SEC on November 13, 2026, disclosing the grant of stock options in Clene Inc. (NASDAQ:CLNN) on November 12, 2026.

Key Highlights

  • Option Grant: Arjun JJ Desai received a stock option for 3,549 shares of Clene Inc. common stock on November 12, 2026.
  • Exercise Price: The options carry an exercise price of $4.00 per share.
  • Immediate Vesting: According to the filing, "The options vest immediately upon grant."
  • Expiration Date: The options expire on November 11, 2036.
  • Plan: The grant was made under the Clene Inc. Amended 2020 Stock Plan.
  • Resulting Ownership: Following the transaction, Desai beneficially owns 3,549 derivative securities (stock options), held directly.
  • Price Paid: The price of the derivative security is listed as $0.

Details of Desai's November 2026 Option Grant at Clene Inc.

Director Arjun JJ Desai of Clene Inc. reported the acquisition of a stock option covering 3,549 shares of common stock, according to a Form 4 filed with the SEC on November 13, 2026. The transaction date is listed as November 12, 2026, and the filing identifies Desai's relationship to the issuer as a director. The form was signed by Jerome T. Miraglia under a power of attorney.

The filing discloses that the option was granted under the Clene Inc. Amended 2020 Stock Plan at an exercise price of $4.00 per share. The options are described as vesting immediately upon grant, with an expiration date of November 11, 2036, giving the options a term of approximately ten years. The price of the derivative security at grant is reported as $0, and the transaction code is listed as "A," indicating an acquisition.

No non-derivative securities transactions appear in Table I of the filing. Following the reported transaction, Desai's total beneficial ownership of the stock option is 3,549 shares, held in direct form. No prior holdings of derivative securities were reported, making this the sole derivative position disclosed.

What Was Disclosed

Clene Inc. director Arjun JJ Desai reported receiving a stock option for 3,549 shares of common stock on November 12, 2026, at an exercise price of $4.00 per share, vesting immediately, under the Clene Inc. Amended 2020 Stock Plan, with an expiration in 2036.