Opaleye Management Inc. bought CDXS

November 12, 2025 · Form 4 insider transaction

Opaleye Management Inc. bought 890,000 shares of Codexis, Inc. at $1.94 per share, a transaction worth $1.72M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.

Direction
Acquired (buy-side)
Shares
890,000
Price
$1.94
Total value
$1.72M
Role
SecurityCommon Stock, par value $0.001 per share
Transaction codeS: Open-market sale
Transaction dateNovember 12, 2025
Filing dateNovember 14, 2025
Shares owned after10,618,318
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

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.; The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.9005 - $1.9905 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 sold at each price.; The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.935 - $2.0035 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 sold at each price.; 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.

View the original Form 4 on SEC EDGAR