Form 4: Clene CEO Granted 75,000 Stock Options
Insider Transaction Report
Clene Inc.'s President and CEO, Robert Dee Etherington, was granted 75,000 stock options at an exercise price of $5.42 per share, vesting immediately.
Summary
- Robert Dee Etherington, President & CEO and Director of Clene Inc. (CLNN), was granted 75,000 stock options.
- The options were granted on January 22, 2026, under the Clene Inc. Amended 2020 Stock Plan.
- The exercise price for these options is $5.42 per share.
- The options vest immediately upon grant.
- The expiration date for these stock options is January 21, 2036.
- Following this transaction, Robert Dee Etherington beneficially owns 75,000 derivative securities (stock options).
Sentiment
Score: 7
Explanation: The grant of stock options to the President & CEO is a positive event for executive incentive and alignment with shareholder interests, reflecting standard corporate compensation practices.
Positives
- The stock options vest immediately upon grant, providing immediate equity incentive to the President & CEO.
- The grant aligns the interests of the President & CEO with those of the shareholders.
Future Outlook
na
Industry Context
The grant of stock options to a President and CEO is a standard practice in executive compensation across various industries, designed to incentivize long-term performance and align management's interests with shareholder value creation.
Related Party Transactions
- The grant of 75,000 stock options to Robert Dee Etherington, the President & CEO and a Director, constitutes a related party transaction as it involves compensation to an insider.
Stakeholder Impact
- Shareholders: The option grant aims to align the CEO's financial incentives with the company's long-term performance, potentially benefiting shareholders through increased value.
- Employees: While not directly impacting all employees, executive compensation structures can influence overall company culture and compensation philosophy.
Key Dates
| Date | Description |
|---|---|
| 01/22/2026 | Date of stock option grant to Robert Dee Etherington. |
| 01/26/2026 | Date the Form 4 was signed by Jerome T. Miraglia, POA. |
| 01/21/2036 | Expiration date of the granted stock options. |
Keywords
Clene Inc., CLNN, stock option, executive compensation, Form 4, Robert Dee Etherington, CEO, director, equity grant
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