Form 4: Acacia Research Corp: Director Fees Paid in Stock
Statement of Changes in Beneficial Ownership
Acacia Research Corp reports a transaction where a director received shares of common stock in lieu of cash for quarterly fees.
Summary
- Ajay Sundar, a reporting person, acquired 4,175 shares of Acacia Research Corp common stock on June 23, 2026.
- This acquisition was made in lieu of cash payment for Q2 2026 director fees.
- The shares were acquired at a price of $4.79 per share.
- Following this transaction, Sundar beneficially owns 107,605 shares of common stock.
- Sundar ceased to be a director of the Issuer as of June 23, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it primarily reports a standard director compensation transaction rather than significant financial or strategic news.
Positives
- Director fees were paid in stock, potentially conserving cash for the company.
- The transaction indicates continued engagement or compensation structure involving equity for directors.
Negatives
- The filing does not provide information on the company's financial performance or operational results.
Risks
- The filing does not explicitly mention any risks.
Future Outlook
No specific forward-looking statements or guidance are provided in this filing.
Management Comments
- Grant of shares of Common Stock in lieu of cash for Q2 2026 director fees.
Industry Context
StockSavvy.ai notes that the use of stock grants for director compensation is a common practice in the technology and research sectors, aligning director interests with shareholders and potentially preserving company cash for operational needs.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Director | Ajay Sundar | 06/23/2026 | Cessation of directorship. |
Related Party Transactions
- Grant of shares of Common Stock in lieu of cash for Q2 2026 director fees to Ajay Sundar.
Stakeholder Impact
- Shareholders: The issuance of stock for director fees dilutes existing share ownership slightly, but also aligns director incentives with shareholder value.
- Employees: No direct impact mentioned.
- Creditors: No direct impact mentioned.
- Suppliers: No direct impact mentioned.
- Customers: No direct impact mentioned.
Next Steps
- The reporting person has ceased to be a director of the Issuer.
Key Dates
| Date | Description |
|---|---|
| 06/23/2026 | Earliest transaction date; date director ceased to be a director; date of stock grant in lieu of director fees. |
| 06/25/2026 | Date of signature on the filing. |
Keywords
Acacia Research Corp, ACTG, Form 4, Insider Trading, Director Fees, Stock Compensation, Beneficial Ownership, SEC Filing
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