Sol-Gel Technologies insider buys 1,695 shares
Opaleye Management Inc., a ten percent owner of Sol-Gel Technologies Ltd., reported net insider buying.
Rhea-AI Filing Summary
Opaleye Management Inc., a ten percent owner of Sol-Gel Technologies Ltd., reported net insider buying. Through Opaleye, L.P., it purchased 775 ordinary shares on July 13 and 920 shares on July 14, 2026, in open‑market transactions at weighted‑average prices of $73.89 and $73.43 per share, executed in multiple trades within disclosed ranges of $73.34–$73.50 and $73.75–$73.95. Following these trades, Opaleye, L.P. holds 493,936 shares, and a separately managed account overseen by Opaleye Management holds 15,000 shares. Opaleye Management disclaims beneficial ownership beyond its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,695 shares
Net Buy
3 txns
Insider
Opaleye Management Inc.
Role
10% Owner
Bought
1,695 shs ($125K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares, par value NIS 1.00 per share F4, F1, F5 | 920 | $73.4304 | $68K |
| Purchase | Ordinary Shares, par value NIS 1.00 per share F3, F1, F5 | 775 | $73.8873 | $57K |
| holding | Ordinary Shares, par value NIS 1.00 per share F2, F5 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares, par value NIS 1.00 per share — 493,936 shares (Indirect, By Opaleye, L.P.);
Ordinary Shares, par value NIS 1.00 per share — 15,000 shares (Indirect, By Managed Account)
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 Management, Inc. may be deemed to beneficially own the securities owned directly by the Managed Account.
- F3. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $73.75-$73.95 inclusive. 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 in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $73.34-$73.50 inclusive. 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: 1,695 shares
July 13, 2026 purchase price: $73.8873 per share
July 14, 2026 purchase price: $73.4304 per share
+2 more
5 metrics
Total shares purchased
1,695 shares
Ordinary shares bought in open-market transactions on July 13–14, 2026
July 13, 2026 purchase price
$73.8873 per share
Weighted-average price for 775 ordinary shares bought on July 13, 2026
July 14, 2026 purchase price
$73.4304 per share
Weighted-average price for 920 ordinary shares bought on July 14, 2026
Fund holdings after trades
493,936 shares
Ordinary shares held indirectly via Opaleye, L.P. following July 14, 2026 purchase
Managed account holdings
15,000 shares
Ordinary shares held indirectly in a separately managed account as of July 13, 2026
Key Terms
beneficially own, separately managed account, weighted average price, pecuniary interest
4 terms
beneficially own regulatory
"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 in column 4 is a weighted average price."
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"
FAQ
What insider buying did Opaleye Management report for Sol-Gel Technologies (SLGL)?
Opaleye Management reported buying a total of 1,695 ordinary shares of Sol-Gel Technologies in open-market transactions, split between 775 shares on July 13 and 920 shares on July 14, 2026, at weighted-average prices in the low $70s.
What additional SLGL holdings are reported in Opaleye Management’s managed account?
A separately managed account overseen by Opaleye Management is reported as holding 15,000 Sol-Gel Technologies ordinary shares. Opaleye Management, as portfolio manager of this managed account, may be deemed to beneficially own the securities held in that account.
Are Opaleye Management’s SLGL transactions direct or indirect holdings?
All reported Sol-Gel Technologies positions are indirect holdings. Shares are held by Opaleye, L.P. and a separately managed account. Opaleye Management disclaims beneficial ownership of these shares except to the extent of its pecuniary interest in the positions.
Were the SLGL purchases by Opaleye Management open-market transactions?
Yes. The two reportable trades for Sol-Gel Technologies are coded as “P”, described as open-market or private purchase transactions. Footnotes clarify the reported prices are weighted averages for multiple executions within specified price ranges.
AI-generated analysis. How Rhea-AI works. Not financial advice.
