Form 4: Alpha Cognition Director Boosts Stake with New Grants

Alpha Cognition Inc. Director Rajeev Kumar Bakshi increased his beneficial ownership by acquiring 7,241 restricted stock units and 8,437 stock options on January 14, 2026.

Summary

• Rajeev Kumar Bakshi, a Director of Alpha Cognition Inc. (ACOG), acquired additional securities.
• On January 14, 2026, Bakshi was granted 7,241 Common Shares in the form of Restricted Stock Units (RSUs).
• These RSUs will vest one year from the date of grant.
• Additionally, Bakshi was granted 8,437 Common Share Options with an exercise price of $6.56.
• These options will also vest one year from the date of grant and expire on January 14, 2036.
• Following these transactions, Bakshi directly beneficially owns 12,283 Common Shares and 8,437 Common Share Options.
• He also indirectly beneficially owns 6,801 Common Shares through Vincorp Holdings Ltd.

Sentiment

Score: 7

Explanation: The acquisition of additional equity by a director is generally viewed positively as it indicates confidence in the company's future prospects and aligns management's interests with shareholders.

Positives

• A company director, Rajeev Kumar Bakshi, has increased his beneficial ownership in Alpha Cognition Inc. through new grants of restricted stock units and stock options.
• The acquisition of 7,241 restricted stock units and 8,437 stock options signals management's continued alignment with shareholder interests and confidence in the company's future.

Negatives

• No explicit negative information is contained within this Form 4 filing.

Risks

• The value of the acquired restricted stock units and stock options is subject to the future performance of Alpha Cognition Inc.'s common shares.
• The stock options have an exercise price of $6.56, meaning they will only be "in the money" if the share price exceeds this value at the time of exercise.

Future Outlook

The restricted stock units and stock options granted to Director Rajeev Kumar Bakshi are subject to a one-year vesting period from the grant date of January 14, 2026, indicating a future incentive structure tied to continued service and potential share price appreciation.

Industry Context

This filing represents a routine insider transaction, where a director receives equity compensation. Such grants are common practice across various industries to align management incentives with long-term shareholder value.

Comparison to Industry Standards

• Equity grants to directors, including restricted stock units and stock options, are a standard component of executive and director compensation packages across most publicly traded companies, particularly in the biotechnology and pharmaceutical sectors where Alpha Cognition Inc. operates.
• The vesting schedule of one year is a common practice designed to encourage long-term commitment and performance.
• The exercise price of $6.56 for the options is set at the market price on the grant date, which is typical for incentive stock options.

Related Party Transactions

• Rajeev Kumar Bakshi indirectly beneficially owns 6,801 Common Shares through Vincorp Holdings Ltd.

Stakeholder Impact

• Shareholders: The increased beneficial ownership by a director may be perceived as a positive signal, potentially boosting investor confidence and aligning management's long-term interests with shareholder value creation.
• Employees: While not directly impacting employees, a confident board can contribute to a stable company environment.

Next Steps

• The 7,241 Restricted Stock Units are scheduled to vest one year from the grant date of January 14, 2026.
• The 8,437 Common Share Options are scheduled to vest one year from the grant date of January 14, 2026.

Key Dates

Keywords

Alpha Cognition Inc., ACOG, Insider Trading, Form 4, Director, Stock Options, Restricted Stock Units, Equity Grant, Rajeev Kumar Bakshi