Sol-Gel holder Opaleye buys 9,976 shares near $69
A ten percent owner of Sol-Gel Technologies Ltd. reported open-market purchases totaling 9,976 ordinary shares in early September 2026 at prices near $68–$70 per share.
Rhea-AI Filing Summary
Sol-Gel Technologies Ltd. (SLGL) reports that Opaleye Management Inc., a ten percent owner, indirectly purchased additional ordinary shares over several days in September 2026. Through Opaleye, L.P., it bought a total of 9,976 ordinary shares between September 4 and September 9, 2026 at prices generally around $68–$70 per share, including weighted-average purchases with disclosed price ranges. Opaleye Management Inc. reports these positions as indirectly held and disclaims beneficial ownership beyond its pecuniary interest, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 9,976 shares
Net Buy
6 txns
Insider
Opaleye Management Inc.
Role
10% Owner
Bought
9,976 shs ($687K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares, par value NIS 1.00 per share F1, F5 | 3,097 | $68.705 | $213K |
| Purchase | Ordinary Shares, par value NIS 1.00 per share F3, F1, F5 | 3,390 | $68.7403 | $233K |
| Purchase | Ordinary Shares, par value NIS 1.00 per share F1, F5 | 471 | $69.37 | $33K |
| Purchase | Ordinary Shares, par value NIS 1.00 per share F1, F4 | 918 | $69.52 | $64K |
| Purchase | Ordinary Shares, par value NIS 1.00 per share F1, F5 | 2,100 | $68.98 | $145K |
| holding | Ordinary Shares, par value NIS 1.00 per share F2, F5 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares, par value NIS 1.00 per share — 536,876 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 $68.50-$68.99 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 $68.42-$68.75 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: 9,976 shares
Purchase on September 9, 2026: 3,097 shares at $68.705 per share
Purchases on September 8, 2026: 3,390 shares at $68.7403 and 471 shares at $69.37
+3 more
6 metrics
Total shares purchased
9,976 shares
Ordinary shares of Sol-Gel Technologies Ltd. bought between September 4–9, 2026
Purchase on September 9, 2026
3,097 shares at $68.705 per share
Indirectly held by Opaleye, L.P. as reported by Opaleye Management Inc.
Purchases on September 8, 2026
3,390 shares at $68.7403 and 471 shares at $69.37
3,390-share price is a weighted average; transactions reported as open-market or private purchases
Purchases on September 4, 2026
918 shares at $69.52 and 2,100 shares at $68.98
918-share price is a weighted average with trades between $68.42–$68.75
Weighted average price range (3,390-share lot)
$68.50–$68.99 per share
Range of prices for the September 8, 2026 3,390-share purchase, reported on a weighted-average basis
Managed account holding
15,000 shares
Ordinary shares of Sol-Gel Technologies Ltd. held by a separately managed account as of September 4, 2026
Key Terms
weighted average price, separately managed account, pecuniary interest, beneficially own
4 terms
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.
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"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did SLGL report for Opaleye Management Inc. in this Form 4?
The Form 4 reports that Opaleye Management Inc., a ten percent owner of SLGL, indirectly purchased 9,976 ordinary shares of Sol-Gel Technologies Ltd. between September 4 and September 9, 2026 through entities it manages, primarily Opaleye, L.P.
Were the Sol-Gel Technologies (SLGL) insider purchases made under a Rule 10b5-1 plan?
No. The filing indicates no Rule 10b5-1 trading plan for these transactions. The Rule 10b5-1 checkbox is not marked as affirming a plan, and no footnote states that the purchases were executed pursuant to a pre-arranged trading plan.
What position in SLGL is reported for the separately managed account associated with Opaleye?
A holding entry shows that a separately managed account associated with Opaleye Management Inc. held 15,000 ordinary shares of Sol-Gel Technologies Ltd. as of September 4, 2026, reported as indirectly owned with a pecuniary-interest-only beneficial ownership disclaimer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
