Form 4: Acacia Research Corp Director Sells 15,000 Shares
SEC Form 4 Filing
Director Isaac T. Kohlberg sold 15,000 shares of Acacia Research Corp stock at an average price of $4.5715 on November 25, 2024.
Summary
- Isaac T. Kohlberg, a director of Acacia Research Corp, sold 15,000 shares of the company's common stock on November 25, 2024.
- The shares were sold at a weighted average price of $4.5715 per share.
- The sale was executed in multiple transactions with prices ranging from $4.5600 to $4.5850.
- Following the transaction, Mr. Kohlberg directly owns 69,274 shares of Acacia Research Corp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by a director. It doesn't indicate any positive or negative sentiment about the company's performance.
Industry Context
This is a routine Form 4 filing, which is common when company insiders buy or sell shares. It provides transparency into the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the United States.
- The sale of 15,000 shares by a director is not unusual and is within the normal range of insider trading activity.
- Comparable companies would also have similar filings when directors trade shares.
Stakeholder Impact
- The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on the company's operations or other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 11/25/2024 | Date of the stock sale transaction. |
| 11/26/2024 | Date of the form filing. |
Keywords
Acacia Research Corp, stock sale, insider trading, director, Isaac T. Kohlberg, ACTG
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