Form 4: Acacia Research Corp Director Gavin Molinelli Acquires Shares in Lieu of Fees
SEC Form 4 Filing
Director Gavin Molinelli acquired 16,086 shares of Acacia Research Corp common stock in lieu of cash for director fees.
Summary
- Gavin Molinelli, a director of Acacia Research Corp, acquired 16,086 shares of common stock on May 14, 2025.
- The shares were granted in lieu of cash payment for Q4 2024 and Q1 2025 director fees.
- The price per share was $3.73.
- Following the transaction, Molinelli directly owns 110,435 shares of Acacia Research Corp.
Sentiment
Score: 6
Explanation: Neutral sentiment. The transaction is a routine acquisition of shares by a director in lieu of fees. It doesn't indicate any major positive or negative development for the company.
Positives
- Director's acquisition of shares may signal confidence in the company's future.
Industry Context
Director share acquisitions are common and can be seen as a positive sign, reflecting confidence in the company's prospects. However, the impact on the stock price is usually minimal unless the amount is very large.
Related Party Transactions
- The grant of shares to Gavin Molinelli in lieu of director fees is a related party transaction.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small number of shares being issued to a director as compensation.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: Gavin Molinelli acquired shares of common stock. |
| 05/16/2025 | Date of signature on the Form 4 filing. |
Keywords
Acacia Research Corp, Director, Share Acquisition, Form 4, ACTG, Molinelli, Director Fees, Common Stock
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