Sol-Gel (SLGL) 10% Holder Opaleye Management Buys 951 Shares
$SLGL · Sol-Gel Technologies Ltd.Research Summary
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Sol-Gel (SLGL) 10% Holder Opaleye Management Buys 951 Shares
What Happened Opaleye Management, Inc. (reported as a 10% owner) made an open-market/private purchase of 951 shares of Sol-Gel Technologies Ltd. (SLGL) on 2026-08-12 at $71.50 per share, for a reported total of $67,997. This was a straight purchase (code P), which is generally viewed as a bullish signal relative to sales but does not by itself explain motivation.
Key Details
- Transaction date and price: 2026-08-12 — 951 shares at $71.50 each.
- Total reported value: $67,997.
- Shares owned after transaction: not specified in the filing excerpt provided.
- Filing: Form 4 filed 2026-08-14 for the 2026-08-12 transaction (appears to be filed within the normal two-business-day window).
- Notable footnotes:
- F1/F2: Securities are owned directly by Opaleye-managed vehicles (Opaleye, L.P. and a separately managed account); Opaleye Management, Inc. is the investment/portfolio manager and may be deemed to beneficially own those holdings.
- F3: Opaleye Management, Inc. disclaims beneficial ownership except to the extent of its pecuniary interest.
Context This report reflects institutional buying by an investment manager of fund(s) it controls rather than a corporate insider like an executive or director. Such purchases can signal allocation decisions by the manager but should be considered alongside other filings and company fundamentals. The filing contains standard manager ownership and disclaimer language and does not indicate option exercises, gifts, or tax-withholding events.