Opaleye Management Inc. 4
4 · Alpha Cognition Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Alpha Cognition (ACOG) 10% Owner Opaleye Management Buys Stock
What Happened Opaleye Management Inc., reported as a 10% owner (as investment manager of related funds/accounts), purchased a total of 4,228 Alpha Cognition (ACOG) shares in open‑market transactions. On 2026-02-26 it acquired 590 shares at $5.99 each ($3,531) and on 2026-02-27 it acquired 3,638 shares at a weighted average price of $5.99 each ($21,797), for a combined outlay of $25,328. These were purchases (buy transactions), which retail investors often view as more informative than routine sales.
Key Details
- Transaction dates and prices:
- 2026-02-26: Purchase of 590 shares at $5.99 — $3,531 total.
- 2026-02-27: Purchase of 3,638 shares at a weighted average price $5.99 (prices ranged $5.975–$6.00) — $21,797 total.
- Total shares purchased: 4,228; total value: $25,328.
- Shares owned after transaction: Not specified in the excerpt provided in this summary (the Form 4 extract here does not disclose post‑transaction holdings).
- Notable footnotes:
- F1/F2: Purchases represent securities owned by Opaleye funds/accounts; Opaleye Management is the manager and may be deemed to beneficially own those holdings.
- F3/F4: Reported prices are weighted averages; transactions occurred at prices between $5.975 and $6.00 and the filer will provide a breakdown on request.
- F5: Opaleye Management disclaims beneficial ownership except to the extent of its pecuniary interest.
- Filing: Form 4 was filed with accession date 2026-03-02 reporting the Feb 26–27 purchases.
Context
- This filing reflects institutional purchases by a 10% owner/manager, not an individual officer or director. Institutional buys can signal continued interest but are not the same as insider/officer voting or management moves.
- The filing contains standard clarifying footnotes about ownership and weighted average pricing; it does not indicate derivatives, option exercises, gifts, or tax‑withholding events.
Insider Transaction Report
Form 4
Opaleye Management Inc.
10% Owner
Transactions
- Purchase
Common Stock, no par value
[F1][F3][F5]2026-02-26$5.99/sh+590$3,531→ 2,285,000 total(indirect: By Opaleye, L.P.) - Purchase
Common Stock, no par value
[F1][F4][F5]2026-02-27$5.99/sh+3,638$21,797→ 2,288,638 total(indirect: By Opaleye, L.P.)
Holdings
- 80,000(indirect: By Managed Account)
Common Stock, no par value
[F2][F5]
Footnotes (5)
- [F1]Represents securities owned directly by Opaleye, L.P. (the "Fund"). As the investment manager of the Fund, Opaleye Management Inc. may be deemed to beneficially own the securities owned directly by the Fund.
- [F2]Securities owned by a separately managed account (the "Managed Account"). As the portfolio manager of the Managed Account, Opaleye may be deemed to beneficially own the securities owned directly by the Managed Account.
- [F3]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.975 to $6.00. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range.
- [F4]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.975 to $6.00. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range.
- [F5]Opaleye Management Inc. disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that Opaleye Management Inc. is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Signature
Opaleye Management Inc., By: /s/ James Silverman, President|2026-03-02