Opaleye Management Inc. 4
4 · Alpha Cognition Inc. · Filed Mar 10, 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/manager, acquired a total of 4,079 shares of Alpha Cognition, Inc. (ACOG) in two purchase transactions: 1,900 shares on 2026-03-06 at a weighted average price of $5.80 (≈ $11,018) and 2,179 shares on 2026-03-09 at a weighted average price of $5.85 (≈ $12,742). These were purchases (transaction code P) — purchases are often viewed as a more informative signal than routine sales, though this filing itself does not explain motivation.
Key Details
- Transaction dates & prices:
- 2026-03-06 — 1,900 shares @ $5.80 (total ≈ $11,018)
- 2026-03-09 — 2,179 shares @ $5.85 (total ≈ $12,742)
- Combined purchase: 4,079 shares for ≈ $23,760.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes:
- F1/F2: Shares are owned directly by Opaleye-managed vehicles (Opaleye, L.P. and a separately managed account); as manager, Opaleye may be deemed to beneficially own those holdings.
- F3/F4: Reported prices are weighted averages from multiple trades (ranges reported: $5.70–$5.85 and $5.785–$5.85).
- F5: Opaleye disclaims beneficial ownership except to the extent of its pecuniary interest.
- Filing: Form 4 was filed 2026-03-10. Based on the trade dates (Mar 6 and Mar 9), the filing appears to be timely.
Context This activity comes from an institutional investment manager (Opaleye) related to fund/managed-account holdings rather than an individual company executive. That distinction matters because it reflects portfolio-management activity rather than insider corporate decision-making. The filing is factual and does not state rationale; retail investors should view these purchases as manager-driven acquisitions rather than direct executive signals.
Insider Transaction Report
- Purchase
Common Stock, no par value
[F3][F1][F5]2026-03-06$5.80/sh+1,900$11,018→ 2,418,767 total(indirect: By Opaleye, L.P.) - Purchase
Common Stock, no par value
[F4][F1][F5]2026-03-09$5.85/sh+2,179$12,742→ 2,420,946 total(indirect: By Opaleye, L.P.)
- 90,000(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 $5.70 to $5.85. 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 $5.785 to $5.85. 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.