Opaleye Management Inc. purchased $24K of GRCE (indirect holdings)
Opaleye Management Inc. purchased 11,608 indirectly-held shares of Grace Therapeutics, Inc. (GRCE) at $2.09 on 2026-08-14.
How this was made
The 30-second read
Why it matters
The purchase adds 11,608 shares to the insider's holdings, bringing total to 2.76 million shares.
Market read
Minor insider purchase with limited trading relevance.
What to watch
Potential future larger purchases by the same insider are not disclosed.
Background
Form 4 filings disclose insider transactions; this filing reports a modest purchase by a 10% owner.
Ticker impact
Opaleye Management Inc. purchased 11,608 shares of Grace Therapeutics for $24,206, filing a Form 4 on 2026-08-19.
minimal impact
The transaction size is under $25k and represents a tiny fraction of outstanding shares, so market reaction is expected to be negligible.
Market effects
None
None
None
Counterpoint
Even small insider buys can signal confidence, but the amount is too trivial to act on.
Key entities
- CompanyGrace Therapeutics, Inc.
Biotech company whose ticker is GRCE.
- InsiderOpaleye Management Inc.
10% owner of Grace Therapeutics filing the purchase.
