Opaleye Management Inc. 4
4 · Sol-Gel Technologies Ltd. · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
Sol-Gel (SLGL) 10% Owner Opaleye Management Buys Shares
What Happened
- Opaleye Management, Inc. (identified as a 10% owner for Sol‑Gel Technologies Ltd., ticker SLGL) made two open‑market purchases: 300 shares on 2026-07-08 at $73.69 each ($22,107) and 229 shares on 2026-07-10 at $73.95 each ($16,935). Total acquired = 529 shares for approximately $39,042. These were purchases (net buys), which investors often view as more informative than routine sales, though the filing does not state the manager’s motive.
Key Details
- Transaction dates and prices:
- 2026-07-08 — 300 shares @ $73.69 = $22,107
- 2026-07-10 — 229 shares @ $73.95 = $16,935
- Total shares purchased: 529; total value: ~$39,042.
- Footnotes of note:
- F1/F2: Shares are owned directly by Opaleye, L.P. (the Fund) and a separately managed account; as investment/portfolio manager, Opaleye Management, Inc. may be deemed to beneficially own those securities.
- F3: The reported price is a weighted average; purchases occurred at prices in the range $73.475–$73.845. The filer will provide per‑trade prices on request to the SEC/issuer/holders.
- F4: Opaleye Management, Inc. disclaims beneficial ownership except to the extent of its pecuniary interest.
- Shares owned after the transaction are not stated in this filing.
- Filing timeliness: Report covers transactions on Jul 8 and was filed Jul 10, 2026 — appears timely (no late‑filing code indicated).
Context
- This filing reflects institutional purchases by a 10% owner/manager (not an executive of Sol‑Gel). Institutional buys can reflect the manager’s allocation decision but do not by themselves explain intent or future company prospects.
Insider Transaction Report
Form 4
Opaleye Management Inc.
10% Owner
Transactions
- Purchase
Ordinary Shares, par value NIS 1.00 per share
[F3][F1][F4]2026-07-08$73.69/sh+300$22,107→ 492,012 total(indirect: By Opaleye, L.P.) - Purchase
Ordinary Shares, par value NIS 1.00 per share
[F1][F4]2026-07-10$73.95/sh+229$16,935→ 492,241 total(indirect: By Opaleye, L.P.)
Holdings
- 15,000(indirect: By Managed Account)
Ordinary Shares, par value NIS 1.00 per share
[F2][F4]
Footnotes (4)
- [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 Management, Inc. may be deemed to beneficially own the securities owned directly by the Managed Account.
- [F3]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $73.475-$73.845 inclusive. 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]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|2026-07-10