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

What Happened

• Opaleye Management Inc., reported as a 10% owner/manager of investment accounts holding Alpha Cognition (ACOG) stock, made open-market purchases totaling 52,900 shares. Transactions were: 2,900 shares at a weighted average price of $7.92 (≈ $22,976) and 50,000 shares at $8.00 (≈ $400,000), for total cash outlay of about $422,976. These are purchases (buying stock), which many investors view as a more informative signal than routine sales.

Key Details

• Transaction dates and prices:
  • 2026-07-31: 2,900 shares @ $7.92 (weighted average; purchases ranged $7.855–$7.95) — total ≈ $22,976. (Footnote F3)
  • 2026-08-03: 50,000 shares @ $8.00 — total $400,000.
• Filing: Form 4 filed with accession 0001493152-26-036015 on 2026-08-04 (appears timely relative to the reported trades).
• Shares owned after transaction: not disclosed in the provided excerpt of the filing.
• Notable footnotes:
  • F1/F2: Shares are held directly by investment vehicles (Opaleye, L.P. and a Managed Account); Opaleye Management is the investment/portfolio manager and thus may be deemed to beneficially own those securities.
  • F4: Opaleye disclaims beneficial ownership except to the extent of its pecuniary interest — indicating this is institutional manager activity rather than an executive's personal trade.
• No indication of special programs (e.g., 10b5-1), option exercises, gifts, or tax-withholding events in the provided data.

Context

• This filing reflects institutional buying by a 10% owner/manager of funds that hold ACOG shares. Institutional purchases can signal confidence from a manager but are not the same as an insider executive purchase. The filing is factual and does not state motives; retail investors should consider this trade alongside broader ownership trends, company fundamentals, and market conditions.