Opaleye Management Inc. 4
4 · Alpha Cognition Inc. · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
Alpha Cognition (ACOG) 10% Owner Opaleye Buys 4,575 Shares
What Happened
- Opaleye Management Inc., reported as a 10% owner of Alpha Cognition (ACOG), purchased a total of 4,575 shares in open-market/private transactions. The filing shows 2,481 shares on 2026-03-18 at a weighted average price of $5.75 (reported value $14,263) and 2,094 shares on 2026-03-19 at a weighted average price of $5.71 (reported value $11,950). These were purchases (Form 4 code P), which represent accumulation by the reporting entity rather than a sale.
Key Details
- Transaction dates & reported prices: 2026-03-18 — 2,481 shares @ $5.75 (weighted avg; range reported $5.749–$5.75 per footnote F3); 2026-03-19 — 2,094 shares @ $5.71 (weighted avg; range reported $5.699–$5.75 per footnote F4).
- Reported total value: $14,263 (Mar 18) + $11,950 (Mar 19) = $26,213.
- Filing: Form 4 filed 2026-03-20 for reporting period beginning 2026-03-18 (appears filed within the usual 2-business-day reporting window).
- Ownership after transaction: not specified in the provided summary of the filing.
- Important footnotes: F1/F2 indicate securities are owned directly by Opaleye-managed vehicles (Opaleye, L.P. and a separately managed account) and that Opaleye Management Inc. may be deemed to beneficially own those securities as manager; F5 disclaims beneficial ownership except to the extent of pecuniary interest; F3/F4 note the reported prices are weighted averages and that breakdowns by individual trade price are available on request.
Context
- This filing reflects institutional purchasing by a reported 10% owner (investment manager activity), not a corporate officer or director. The purchases indicate accumulation by Opaleye-managed accounts but, per the filing, Opaleye disclaims beneficial ownership beyond its pecuniary interest (see F5). No options, awards, gifts, or sales are involved in these reported transactions.
Insider Transaction Report
Form 4
Opaleye Management Inc.
10% Owner
Transactions
- Purchase
Common Stock, no par value
[F3][F1][F5]2026-03-18$5.75/sh+2,481$14,263→ 2,437,824 total(indirect: By Opaleye, L.P.) - Purchase
Common Stock, no par value
[F4][F1][F5]2026-03-19$5.71/sh+2,094$11,950→ 2,439,918 total(indirect: By Opaleye, L.P.)
Holdings
- 90,000(indirect: By Managed Account)
Common Stock, no par value
[F2][F5]
Footnotes (5)
- [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 $5.749 to $5.75. 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 $5.699 to $5.75. 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]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|2026-03-20