Alpha Cognition holder Opaleye buys 200,086 shares
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Opaleye Management Inc., a ten percent owner of Alpha Cognition Inc., indirectly purchased a total of 200,086 common shares on July 22–23, 2026 for Opaleye, L.P. and a separately managed account at weighted average prices of $7.8337 and $7.7953 per share, within disclosed ranges of $7.75–$7.90 and $7.655–$7.8667. Opaleye Management may be deemed to beneficially own these securities but disclaims beneficial ownership except to the extent of its pecuniary interest.
Insider Trade Summary
Net Buyer: 200,086 shares
Net Buy
3 txns
Insider
Opaleye Management Inc.
Role
10% Owner
Bought
200,086 shs ($1.57M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, no par value F4, F1, F5 | 49,849 | $7.7953 | $389K |
| Purchase | Common Stock, no par value F3, F1, F5 | 140,237 | $7.8337 | $1.10M |
| Purchase | Common Stock, no par value F3, F2, F5 | 10,000 | $7.8337 | $78K |
Holdings After Transaction:
Common Stock, no par value — 100,000 shares (Indirect, By Managed Account);
Common Stock, no par value — 2,995,193 shares (Indirect, By Opaleye, L.P.)
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 $7.75 to $7.90. 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 $7.655 to $7.8667. 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.
Key Figures
Total shares purchased: 200,086 shares
July 23, 2026 purchase: 49,849 shares at $7.7953
July 22, 2026 fund purchase: 140,237 shares at $7.8337
+2 more
5 metrics
Total shares purchased
200,086 shares
Aggregate Alpha Cognition common shares bought on July 22–23, 2026 by entities managed by Opaleye Management Inc.
July 23, 2026 purchase
49,849 shares at $7.7953
Indirect purchase for Opaleye, L.P. at a weighted average price with trades from $7.655 to $7.8667 per share.
July 22, 2026 fund purchase
140,237 shares at $7.8337
Indirect purchase for Opaleye, L.P. at a weighted average price with trades from $7.75 to $7.90 per share.
July 22, 2026 managed account purchase
10,000 shares at $7.8337
Indirect purchase for a separately managed account, contributing to a reported 100,000-share position in that account.
Managed account holdings after trade
100,000 shares
Alpha Cognition common shares held in the separately managed account following the July 22, 2026 transaction.
Key Terms
beneficially own, separately managed account, weighted average price, pecuniary interest
4 terms
beneficially own financial
"may be deemed to beneficially own the securities owned directly by the Fund"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
separately managed account financial
"Securities owned by a separately managed account (the "Managed Account")"
A separately managed account (SMA) is a personalized investment portfolio owned by a single investor and run by a professional manager who buys and sells securities on that investor’s behalf. It matters to investors because an SMA offers tailored asset selection, tax handling, and transparency—like hiring a personal chef who prepares meals to your dietary needs rather than sharing a set menu—so you can align holdings with your goals and see exactly what you own.
weighted average price financial
"The price reported is a weighted average price. These shares were purchased in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider purchases did Opaleye Management report for Alpha Cognition (ACOG)?
Opaleye Management Inc., a ten percent owner, indirectly purchased 200,086 Alpha Cognition common shares on July 22–23, 2026. The purchases were for Opaleye, L.P. and a separately managed account at weighted average prices of $7.8337 and $7.7953 per share each.
How were the July 22, 2026 Alpha Cognition (ACOG) purchases by Opaleye allocated?
On July 22, 2026, entities managed by Opaleye bought 150,237 Alpha Cognition shares. Opaleye, L.P. acquired 140,237 shares and a separately managed account acquired 10,000 shares, all at a weighted average price of $7.8337 within a $7.75–$7.90 intraday range.
What Alpha Cognition (ACOG) position is reported for the managed account?
After the July 22, 2026 purchase, the separately managed account overseen by Opaleye held 100,000 Alpha Cognition common shares. These shares are reported as indirectly owned, with Opaleye acting as portfolio manager and potentially deemed to beneficially own them subject to its pecuniary interest.
Are Opaleye’s Alpha Cognition (ACOG) holdings direct or indirect, and how is beneficial ownership described?
All reported Alpha Cognition holdings are indirect, owned by Opaleye, L.P. and a separately managed account. Opaleye Management may be deemed to beneficially own these securities but expressly disclaims beneficial ownership beyond its pecuniary interest in the fund and managed account.
Were the Alpha Cognition (ACOG) trades associated with a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox indicating trades under a trading plan was not selected for these transactions. The accompanying footnotes discuss ownership structure and pricing details but do not reference any Rule 10b5-1 trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
