Opaleye Management Inc. 4
4 · Alpha Cognition Inc. · Filed Jun 15, 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 of Alpha Cognition Inc. (ACOG), made open-market purchases of ACOG common stock on June 11, June 12 and June 15, 2026. Total purchases were 7,685 shares for about $45,773 (aggregate).
- June 11, 2026: 2,862 shares at a weighted average price of $5.91 — $16,901.
- June 12, 2026: 273 shares at a weighted average price of $5.93 — $1,619.
- June 15, 2026: 4,550 shares at a weighted average price of $5.99 — $27,253.
- These were purchases (Transaction code P), which retail investors often view as a positive signal, though the filing itself does not state any motive.
Key Details
- Transaction dates and prices: 6/11 (2,862 @ ~$5.91), 6/12 (273 @ ~$5.93), 6/15 (4,550 @ ~$5.99). Reported totals = 7,685 shares / ~$45,773.
- Price ranges (per footnotes): 6/11 trades ranged $5.87–$5.91; 6/12 trades ranged $5.9275–$5.94; 6/15 trades ranged $5.97–$5.9896. Weighted averages shown on Form 4; detailed breakdowns are available on request to the SEC or issuer.
- Ownership after transaction: Not specified in the provided summary of this filing.
- Footnotes: F1/F2 note purchases were made for a Fund (Opaleye, L.P.) and a separately managed account; as manager, Opaleye may be deemed to beneficially own those securities. F6 contains Opaleye’s disclaimer limiting claimed beneficial ownership to its pecuniary interest.
- Timeliness: Form filed 2026-06-15 for transactions dated 6/11–6/15. Filing date is within the SEC’s two-business-day reporting window for these trades and is not marked late.
Context
- Opaleye is a large institutional investor (reported as >10% owner), not an Alpha Cognition executive — this is institutional trading rather than insider executive transactions. Institutional purchases can indicate interest but do not by themselves reveal intent or guarantee future stock performance.
Insider Transaction Report
Form 4
Opaleye Management Inc.
10% Owner
Transactions
- Purchase
Common Stock, no par value
[F3][F1][F6]2026-06-11$5.91/sh+2,862$16,901→ 2,647,751 total(indirect: By Opaleye, L.P.) - Purchase
Common Stock, no par value
[F4][F1][F6]2026-06-12$5.93/sh+273$1,619→ 2,648,024 total(indirect: By Opaleye, L.P.) - Purchase
Common Stock, no par value
[F5][F1][F6]2026-06-15$5.99/sh+4,550$27,253→ 2,652,574 total(indirect: By Opaleye, L.P.)
Holdings
- 90,000(indirect: By Managed Account)
Common Stock, no par value
[F2][F6]
Footnotes (6)
- [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 $5.87 to $5.91. 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 $5.9275 to $5.94. 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]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.97 to $5.9896. 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.
- [F6]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|2026-06-15