Opaleye Management buys Alpha Cognition shares
Accepted by SEC EDGAR
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Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Alpha Cognition Inc. reported that Opaleye Management Inc., a ten percent owner, through Opaleye, L.P. purchased 50,000 shares of common stock on August 3, 2026 at $8.00 per share and 2,900 shares on July 31, 2026 at a weighted average price of $7.9226 per share, with trades between $7.855 and $7.95. Opaleye Management also reported 100,000 shares held indirectly through a separately managed account and disclaims beneficial ownership of the reported shares except to the extent of its pecuniary interest.
Insider Trade Summary
Net Buyer: 52,900 shares
Net Buy
2 txns
Insider
Opaleye Management Inc.
Role
10% Owner
Bought
52,900 shs ($423K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, no par value F1, F4 | 50,000 | $8.00 | $400K |
| Purchase | Common Stock, no par value F3, F1, F4 | 2,900 | $7.9226 | $23K |
| Holding | Common Stock, no par value F2, F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock, no par value — 3,048,223 shares (Indirect, By Opaleye, L.P.);
Common Stock, no par value — 100,000 shares (Indirect, By Managed Account)
Footnotes (4)
- 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 $7.855 to $7.95. 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. 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
Shares purchased 2026-08-03: 50,000 shares
Shares purchased 2026-07-31: 2,900 shares
Price range 2026-07-31 trades: $7.855–$7.95
+2 more
5 metrics
Shares purchased 2026-08-03
50,000 shares
Non-derivative purchase at $8.00 per share on August 3, 2026
Shares purchased 2026-07-31
2,900 shares
Non-derivative purchase at weighted average $7.9226 per share on July 31, 2026
Price range 2026-07-31 trades
$7.855–$7.95
Range of prices for multiple trades included in the 2,900-share weighted average
Managed account holdings
100,000 shares
Indirectly owned through a separately managed account as of July 31, 2026
Net shares bought
52,900 shares
Net non-derivative common shares purchased across reported transactions
Key Terms
beneficially own, separately managed account, weighted average price, pecuniary interest, +1 more
5 terms
beneficially own regulatory
"Opaleye Management Inc. may be deemed to beneficially own the securities owned directly"
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 regulatory
"disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein"
Section 16(a) regulatory
"for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended"
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 reported buying 52,900 Alpha Cognition shares indirectly. This included 50,000 shares on August 3, 2026 at $8.00 per share and 2,900 shares on July 31, 2026 at a weighted average price of $7.9226 per share.
Are Opaleye Management’s Alpha Cognition (ACOG) holdings direct or indirect?
All reported positions are indirect holdings. Shares are held by Opaleye, L.P. and by a separately managed account, with Opaleye Management acting as investment manager or portfolio manager rather than holding the common stock directly in its own name.
AI-generated analysis. How Rhea-AI works. Not financial advice.
