Form 4: Acacia Research Corp: General Counsel Jason W. Soncini Reports Stock Disposal for Tax Obligations

Jason W. Soncini, General Counsel of Acacia Research Corp, disposed of 6,844 shares to cover tax obligations related to restricted stock vesting.

Summary

• On March 10, 2025, Jason W. Soncini, the General Counsel of Acacia Research Corp, reported a transaction involving the disposal of company stock.
• The transaction involved the disposal of 6,844 shares of ACTG Common Stock at a price of $4.19 per share.
• This disposal was to cover tax withholding obligations related to the vesting of 15,000 shares of restricted stock on March 8, 2025.
• Following the transaction, Soncini directly owns 208,331 shares of Acacia Research Corp.
• The report was filed on March 11, 2025, by Jennifer Graff, Attorney-in-fact.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock disposal, which is common when restricted stock vests.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.

Key Dates