Sol-Gel holder Opaleye buys 3,124 shares at $66
A ten percent owner of SLGL reported modest open-market share purchases and updated indirect holdings through a fund and a managed account.
Rhea-AI Filing Summary
Sol-Gel Technologies Ltd. (SLGL) reports that Opaleye Management Inc., a ten percent owner, indirectly purchased 3,124 ordinary shares in open-market transactions on September 10–11, 2026 through Opaleye, L.P. A separately managed account for which Opaleye Management acts as portfolio manager held 15,000 ordinary shares as of September 10, 2026. Opaleye Management may be deemed to beneficially own these securities but disclaims beneficial ownership except to the extent of its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,124 shares
Net Buy
3 txns
Insider
Opaleye Management Inc.
Role
10% Owner
Bought
3,124 shs ($207K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares, par value NIS 1.00 per share F1, F3 | 1,493 | $65.945 | $98K |
| Purchase | Ordinary Shares, par value NIS 1.00 per share F1, F3 | 1,631 | $66.795 | $109K |
| holding | Ordinary Shares, par value NIS 1.00 per share F2, F3 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares, par value NIS 1.00 per share — 540,000 shares (Indirect, By Opaleye, L.P.);
Ordinary Shares, par value NIS 1.00 per share — 15,000 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 Management, Inc. 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
Shares purchased September 11, 2026: 1,493 shares
Purchase price September 11, 2026: $65.945 per share
Shares purchased September 10, 2026: 1,631 shares
+3 more
6 metrics
Shares purchased September 11, 2026
1,493 shares
Ordinary shares bought indirectly through Opaleye, L.P.
Purchase price September 11, 2026
$65.945 per share
Open-market or private purchase of SLGL ordinary shares
Shares purchased September 10, 2026
1,631 shares
Ordinary shares bought indirectly through Opaleye, L.P.
Purchase price September 10, 2026
$66.795 per share
Open-market or private purchase of SLGL ordinary shares
Total shares purchased
3,124 shares
Net buy volume across reported transactions
Managed account holdings
15,000 shares
Ordinary shares held indirectly via a separately managed account as of September 10, 2026
Key Terms
ten percent owner, separately managed account, beneficially own, pecuniary interest
4 terms
ten percent owner regulatory
"Opaleye Management Inc. is identified as a ten percent owner"
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.
beneficially own regulatory
"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.
pecuniary interest financial
"disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions in SLGL did Opaleye Management report on this Form 4?
The filing reports open-market purchases totaling 3,124 ordinary shares of Sol-Gel Technologies Ltd. on September 10–11, 2026, made indirectly through Opaleye, L.P., for which Opaleye Management Inc. serves as investment manager.
Were the reported SLGL transactions made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and there is no footnote stating that these transactions were executed pursuant to a Rule 10b5-1 or similar pre-arranged trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
