Form 4: Opaleye Management Inc. Reduces Stake in Harrow, Inc.

Opaleye Management Inc. reports a disposition of 5,000 shares of Harrow, Inc. common stock at a price of $29.64 per share.

Summary

• On March 18, 2025, Opaleye Management Inc. disposed of 5,000 shares of Harrow, Inc. (HROW) common stock.
• The transaction was executed at a price of $29.64 per share.
• Following the transaction, Opaleye Management Inc. indirectly owns 145,000 shares through a managed account and 3,810,000 shares through Opaleye, L.P.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock sale. The impact depends on the size of the sale relative to Opaleye's total holdings and the market's reaction.

Negatives

• Opaleye Management Inc. reduced its holdings in Harrow, Inc.

Management Comments

• 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.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for significant shareholders, providing transparency into their trading activities. It's important to monitor such filings to understand the sentiment and actions of major investors in Harrow, Inc.

Stakeholder Impact

• Shareholders may react to the news of Opaleye Management Inc.'s reduced stake, potentially influencing the stock price.

Key Dates

Keywords

Harrow, Inc., Opaleye Management Inc., Stock Sale, Form 4, Beneficial Ownership, HROW