Opaleye Management Inc. 4
4 · Alpha Cognition Inc. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Alpha Cognition (ACOG) 10% Owner Opaleye Management Buys 30,728 Shares
What Happened
- Opaleye Management Inc., disclosed as a 10% owner of Alpha Cognition (ACOG), acquired shares in two open-market purchases: 24,856 shares on 2026-06-09 at a weighted average price of $5.98 (≈ $148,534) and 5,872 shares on 2026-06-10 at a weighted average price of $5.99 (≈ $35,157). Total purchased = 30,728 shares for roughly $183,691. These were purchases (code P), which are direct acquisitions rather than sales.
Key Details
- Transaction dates and prices:
- 2026-06-09: 24,856 shares @ $5.98 (weighted avg); price range reported 5.9465–5.99 (footnote F3).
- 2026-06-10: 5,872 shares @ $5.99 (weighted avg); price range reported 5.925–5.99 (footnote F4).
- Shares owned after the transactions: not specified in the filing.
- Footnotes of note:
- F1/F2: Securities are held directly by a Fund (Opaleye, L.P.) and a separately managed account; Opaleye Management is the investment/portfolio manager and may be deemed to beneficially own those holdings.
- F3/F4: Reported prices are weighted averages across multiple trades; the filer can provide transaction-level price breakdowns on request.
- F5: Opaleye Management disclaims beneficial ownership except to the extent of its pecuniary interest.
- Filing timeliness: Form 4 was filed 2026-06-11 reporting trades on 2026-06-09 and 06-10; the filing does not indicate a late report.
Context
- This filing reports institutional purchases by a 10% owner (via fund/managed account), not an individual company executive. Such institutional buys reflect portfolio activity and can be informative but are not the same as insider (management) purchases. The weighted-average prices and footnotes indicate multiple smaller trades rather than a single block trade.
Insider Transaction Report
Form 4
Opaleye Management Inc.
10% Owner
Transactions
- Purchase
Common Stock, no par value
[F3][F1][F5]2026-06-09$5.98/sh+24,856$148,534→ 2,639,017 total(indirect: By Opaleye, L.P.) - Purchase
Common Stock, no par value
[F4][F1][F5]2026-06-10$5.99/sh+5,872$35,157→ 2,644,889 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 $5.9465 to $5.99. 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 $5.925 to $5.99. 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|2026-06-11