Form 4: Acacia Research CEO McNulty Increases Stake in Company
SEC Form 4 Filing
Acacia Research Corp CEO Martin D. McNulty Jr. recently purchased 5,300 shares of ACTG common stock at an average price of $3.77.
Summary
- On May 19, 2025, Martin D. McNulty Jr., the CEO of Acacia Research Corp, acquired 5,300 shares of ACTG common stock.
- The shares were purchased at a weighted average price of $3.77, with individual transactions ranging from $3.76 to $3.78.
- Following this transaction, McNulty directly owns 185,117 shares of Acacia Research Corp.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CEO's purchase suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's health.
Positives
- The CEO's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Insider buying is often seen as a positive sign, suggesting that a company's management believes the stock is undervalued. However, it's just one factor to consider when evaluating a company's potential.
Stakeholder Impact
- Shareholders may view the CEO's purchase as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Date of the transaction where Martin D. McNulty Jr. purchased shares of ACTG common stock. |
| 05/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Acacia Research Corp, ACTG, Martin D. McNulty Jr., SEC Form 4, insider trading, stock purchase, common stock
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