Opaleye adds 24,376 Alpha Cognition shares
Opaleye, L.P., an entity associated with Opaleye Management Inc., reported open-market purchases of Alpha Cognition Inc. common stock.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Opaleye, L.P., an entity associated with Opaleye Management Inc., reported open-market purchases of Alpha Cognition Inc. common stock. On May 20, 2026, the fund bought 8,431 shares at $5.89 per share, followed by 15,945 shares at $5.70 per share on May 21, 2026.
After these trades, the fund held 2,530,369 shares indirectly, while a separately managed account associated with Opaleye held 90,000 shares. Opaleye Management Inc. disclaims beneficial ownership beyond its pecuniary interest in these positions.
Insider Trade Summary
Net Buyer: 24,376 shares
Net Buy
2 txns
Insider
Opaleye Management Inc.
Role
10% Owner
Bought
24,376 shs ($141K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, no par value | 15,945 | $5.70 | $91K |
| Purchase | Common Stock, no par value | 8,431 | $5.89 | $50K |
| Holding | Common Stock, no par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, no par value — 2,530,369 shares (Indirect, By Opaleye, L.P.);
Common Stock, no par value — 90,000 shares (Indirect, By Managed Account)
Footnotes (3)
- 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. 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
First purchase size: 8,431 shares
First purchase price: $5.89/share
Second purchase size: 15,945 shares
+4 more
7 metrics
First purchase size
8,431 shares
Open-market buy on May 20, 2026 at $5.89
First purchase price
$5.89/share
Open-market buy on May 20, 2026
Second purchase size
15,945 shares
Open-market buy on May 21, 2026 at $5.70
Second purchase price
$5.70/share
Open-market buy on May 21, 2026
Fund holdings after trades
2,530,369 shares
Indirectly held by Opaleye, L.P. after May 21, 2026
Managed account holdings
90,000 shares
Separately managed account as of May 20, 2026
Net shares bought
24,376 shares
Net-buy activity across reported transactions
Key Terms
open-market purchase, beneficially own, separately managed account, pecuniary interest, +1 more
5 terms
open-market purchase financial
"reported open-market purchases of Alpha Cognition Inc. common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
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.
pecuniary interest financial
"disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest"
indirect ownership financial
"total_shares_following_transaction ... ownership_type "indirect""
AI-generated analysis. How Rhea-AI works. Not financial advice.
