Opaleye Management Inc. 4
4 · Alpha Cognition Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Alpha Cognition (ACOG) 10% Owner Opaleye Management Buys Shares
What Happened Opaleye Management Inc., listed as a 10% owner of Alpha Cognition, reported purchases of ACOG common stock (transaction code P). On 2026-03-12 it acquired 5,708 shares at a weighted-average price of $5.85 for $33,416, and on 2026-03-13 it acquired 7,358 shares at a weighted-average price of $5.75 for $42,286 — a total of 13,066 shares for approximately $75,702. These were purchases (not sales), which reflect an institutional buy activity rather than an executive sale.
Key Details
- Transaction dates and prices:
- 2026-03-12: 5,708 shares @ $5.85 (weighted avg) = $33,416. (F3: purchases ranged $5.84–$5.859)
- 2026-03-13: 7,358 shares @ $5.75 (weighted avg) = $42,286. (F4: purchases ranged $5.696–$5.75)
- Transaction type: P = Purchase (open market or private purchase).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timing: Form 4 filed 2026-03-13 reporting transactions through 2026-03-12 (appears timely).
- Notable footnotes:
- F1/F2: Shares are owned directly by Opaleye-managed vehicles (Opaleye, L.P. and a separately managed account); as manager, Opaleye Management may be deemed to beneficially own those holdings.
- F3/F4: Reported prices are weighted averages from multiple trades; full per-trade prices are available on request to the SEC/issuer/security holders.
- F5: Opaleye Management disclaims beneficial ownership except to the extent of its pecuniary interest.
Context
- This filing reflects institutional purchases by a 10% owner (investment manager of funds/accounts) rather than an individual executive; such buys indicate the manager increased positions in ACOG but do not, by themselves, reveal motivation or future expectations.
- Purchases were executed across multiple trades (hence weighted-average prices).
Insider Transaction Report
Form 4
Opaleye Management Inc.
10% Owner
Transactions
- Purchase
Common Stock, no par value
[F3][F1][F5]2026-03-12$5.85/sh+5,708$33,416→ 2,426,654 total(indirect: By Opaleye, L.P.) - Purchase
Common Stock, no par value
[F4][F1][F5]2026-03-13$5.75/sh+7,358$42,286→ 2,434,012 total(indirect: By Opaleye, L.P.)
Holdings
- 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 $5.84 to $5.859. 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 $5.696 to $5.75. 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|2026-03-13