Form 4: Alpha Cognition Director John Havens Acquires Shares in Open Market Transaction

Alpha Cognition director John Havens purchased 4,347 common shares at $5.75 per share on November 13, 2024, increasing his direct holdings.

Summary

• On November 13, 2024, John Havens, a director at Alpha Cognition Inc., acquired 4,347 common shares of the company.
• The shares were purchased at a price of $5.75 each.
• Following this transaction, Mr. Havens directly owns 273,272 common shares.
• Mr. Havens also has indirect ownership of 10,000 shares through the John P Havens Trust No. 2, 1,080 shares through John P. Havens, Jr., and 1,235 shares through Mallette Havens.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive as a director purchasing shares can be seen as a positive sign, but it's a routine transaction.

Positives

• The purchase of shares by a director may indicate confidence in the company's future prospects.
• The transaction increases the director's stake in the company, aligning his interests with those of other shareholders.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for publicly traded companies in the United States.
• The transaction is typical for directors who are increasing their stake in the company.
• The filing is consistent with regulatory requirements for insider trading disclosures.

Stakeholder Impact

• The transaction may have a slightly positive impact on shareholder sentiment.
• The increased stake of a director may be viewed favorably by investors.

Key Dates

Keywords

Alpha Cognition, John Havens, insider trading, share purchase, director, common shares, ACOG