Opaleye Management Inc. 4

4 · Alpha Cognition Inc. · Filed May 22, 2026

AI-generated summary of this filing

Updated May 22, 2026

Alpha Cognition (ACOG) 10% Owner Opaleye Management Buys Shares

What Happened

Opaleye Management Inc., reported as a 10% owner/manager, made two purchases of Alpha Cognition (ACOG) common stock. On May 20, 2026 it acquired 8,431 shares at $5.89 each ($49,659). On May 21, 2026 it acquired 15,945 shares at $5.70 each ($90,887). Total purchased: 24,376 shares for $140,546. These transactions are coded as purchases (P) on the Form 4.

Key Details

Transaction dates and prices:
- 2026-05-20: 8,431 shares @ $5.89 = $49,659
- 2026-05-21: 15,945 shares @ $5.70 = $90,887
Transaction code: P = Purchase (reported as open-market or private purchases).
Shares owned after transaction: Not specified in the provided excerpt of the filing.
Footnotes from the filing:
- F1: Securities are owned directly by Opaleye, L.P. (the Fund); Opaleye Management is the Fund’s investment manager and may be deemed to beneficially own those securities.
- F2: Some securities are owned by a separately managed account; Opaleye is the portfolio manager and may be deemed to beneficially own those securities.
- F3: Opaleye Management disclaims beneficial ownership except to the extent of its pecuniary interest.
Filing timeliness: Report filed 2026-05-22 for transactions on 2026-05-20 and 05-21 — within standard Form 4 reporting timeframes (timely).

Context

This filing reflects institutional activity by a 10% owner/manager rather than an individual executive. Purchases by an investment manager typically indicate an investment decision by the fund/managed account; the filing’s footnotes clarify managerial relationships and a limited ownership disclaimer. No options, awards, gifts, or tax-withholding events are reported in this filing.

Form 4

Period: 2026-05-20

10% Owner

Transactions

Purchase
Common Stock, no par value
[F1][F3]
2026-05-20$5.89/sh+8,431$49,659→ 2,514,424 total(indirect: By Opaleye, L.P.)
Purchase
Common Stock, no par value
[F1][F3]
2026-05-21$5.70/sh+15,945$90,887→ 2,530,369 total(indirect: By Opaleye, L.P.)

Holdings

Footnotes (3)

[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]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|2026-05-22

1 file