Form 4: Clene Inc. Director Alison Mosca Reports Acquisition of Shares and Warrants

Alison Mosca, a director of Clene Inc., reported acquiring shares and warrants, along with adjustments to previously held shares due to a reverse stock split.

Summary

• On September 30, 2024, Alison Mosca, a director of Clene Inc., reported acquiring 159,134 shares of common stock at $4.588 per share.
• Mosca also acquired 159,134 common stock purchase warrants with an exercise price of $4.82, exercisable from October 1, 2024, to October 1, 2029.
• The report reflects adjustments to Mosca's holdings due to a 1-for-20 reverse stock split that occurred on July 11, 2024.
• The reverse stock split reduced Mosca's directly owned shares from 39,476 to 1,973 and indirectly owned shares through various entities.
• Mosca's indirect ownership includes shares held by Kensington Clene 2021, LLC (321,052 shares), Kensington Investments, L.P. (150,333 shares), and the Robert C. Gay 1998 Family Trust (72,997 shares).
• Mosca disclaims beneficial ownership of shares held by Kensington Clene 2021, LLC and Kensington Investments, L.P. for which she does not have a pecuniary or profits interest, and the Robert C. Gay 1998 Family Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. While a director increasing their stake is generally positive, the reverse stock split and the disclaimer of beneficial ownership in some shares held through entities temper the overall sentiment.

Positives

• A director increasing their stake in the company could be seen as a positive signal.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates changes in beneficial ownership by a director of Clene Inc.

Key Dates