Alpha Cognition (ACOG) 10% Owner Opaleye Buys 130 Shares

What Happened
Opaleye Management Inc., reported as a 10% owner of Alpha Cognition, purchased 130 shares of ACOG on 2026-07-24 at $7.90 per share, for a total cost of $1,027. The transaction is reported as a purchase (transaction code P), which is a direct acquisition of shares rather than a sale or derivative transaction.

Key Details

• Transaction date: 2026-07-24; Form 4 filed: 2026-07-28 (filed within required period).
• Type: P = Purchase (open market or private purchase).
• Price/amount: 130 shares @ $7.90 each = $1,027 total.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: Shares are owned directly by Opaleye, L.P. (the "Fund"); Opaleye Management is the Fund’s investment manager and may be deemed to beneficially own Fund securities.
  • F2: Some securities are owned by a separately managed account for which Opaleye is portfolio manager.
  • F3: Opaleye Management Inc. disclaims beneficial ownership except to the extent of its pecuniary interest.
• Filing timeliness: Filed 7/28/2026, which appears timely (within two business days after the 7/24 transaction).

Context
This is an institutional purchase by a reported 10% owner/manager rather than an individual executive. The dollar amount is small (~$1k), so while purchases often draw interest from investors, this particular trade is modest in size and should be weighed accordingly. The footnotes indicate ownership is held through a fund and a managed account, and Opaleye disclaims broader beneficial ownership except for its economic interest.