CLNN - Clene Inc.

Insider Sale by Ugwumba Chidozie (10%)

1 Month
After Trade
Before Trade

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Trade Summary

1 week ago, Ugwumba Chidozie, serving as 10% owner at Clene Inc. (CLNN), sold 100,997 shares at $4.89 per share, for a total transaction value of $494,012.00. Following this transaction, Ugwumba Chidozie now holds 431,094 shares of CLNN.

This sale represents a 19.00% decrease in Ugwumba Chidozie's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, March 27, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, March 31, 2026, 4 days after the trade was made.

Clene Inc. operates in the CONSUMER DEFENSIVE sector, specifically within the PACKAGED FOODS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Ugwumba Chidozie

Ugwumba Chidozie

10%

Chidozie Ugwumba is a prominent venture capital professional serving as Managing Partner of SymBiosis, a firm specializing in investments in biotherapeutics.[[6]](https://clene.com/member/chidozie-ugwumba/) In this role, he leads sourcing, due diligence, and execution of investments across therapeutics companies in the US and Europe, spanning areas such as CNS, cardiac, dermatology, GI, infectious disease, and oncology, including modalities like precision medicine, cell, gene, and regenerative therapy.[[6]](https://clene.com/member/chidozie-ugwumba/) Ugwumba is recognized as a 10% Owner of Clene Inc. (NASDAQ: CLNN), a clinical-stage biopharmaceutical company developing nanoparticle therapies for neurodegenerative diseases.[[2]](https://www.marketbeat.com/instant-alerts/chidozie-ugwumba-sells-4015-shares-of-clene-nasdaqclnn-stock-2026-01-02/)[[3]](https://www.gurufocus.com/insider/177144/chidozie-ugwumba)[[7]](https://www.sahmcapital.com/news/content/10-owner-chidozie-ugwumba-reports-disposal-of-clene-inc-common-shares-2025-12-19) He holds approximately 766,480 shares, valued at over $4 million, and has recently conducted multiple sales, including 4,015 shares on January 2, 2026, at $5.73 each, 13,095 shares on December 31, 2025, and larger transactions such as 56,577 shares on December 3, 2025.[[2]](https://www.marketbeat.com/instant-alerts/chidozie-ugwumba-sells-4015-shares-of-clene-nasdaqclnn-stock-2026-01-02/)[[3]](https://www.gurufocus.com/insider/177144/chidozie-ugwumba) These trades, disclosed via SEC Form 4 filings, reflect a gradual reduction in his stake while maintaining significant ownership.[[2]](https://www.marketbeat.com/instant-alerts/chidozie-ugwumba-sells-4015-shares-of-clene-nasdaqclnn-stock-2026-01-02/)[[5]](https://www.streetinsider.com/SEC+Filings/Form++4++++++++++Clene+Inc.++++++++++++++++For:+Dec+31++Filed+by:+Ugwumba+Chidozie/25799324.html)

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Trade Price

$4.89

Quantity

100,997

Total Value

$494,012.00

Shares Owned

431,094

Trade Date

Friday, March 27, 2026

9 days ago

SEC Filing Date

Tuesday, March 31, 2026

Filed 4 days after trade

CONSUMER DEFENSIVEPACKAGED FOODS

About Clene Inc.

Company Overview

No company information available
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