Form 4: Acacia Research Corp. Interim CFO Reports Routine Stock Disposition for Tax Obligations

Acacia Research Corp.'s Interim CFO, Kirsten Hoover, reported the disposition of 6,464 shares of common stock at $3.83 per share to cover tax obligations related to restricted stock vesting.

Summary

• Kirsten Hoover, Interim CFO of Acacia Research Corp. (ACTG), reported a transaction on June 9, 2025.
• The transaction involved the disposition of 6,464 shares of ACTG Common Stock at a price of $3.83 per share.
• This disposition was for tax withholding purposes, specifically to satisfy obligations related to the vesting of 18,064 shares of restricted stock on June 7, 2025.
• Following this transaction, Kirsten Hoover beneficially owns 84,677 shares of ACTG Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine tax-related stock disposition following restricted stock vesting, which is a neutral event for the company's operational performance or financial health.

Positives

• The reported transaction is a result of the vesting of 18,064 shares of restricted stock, indicating a compensation event for the Interim CFO.

Negatives

• None directly from the reported transaction, as it is a standard tax withholding event.

Risks

• NA

Future Outlook

This Form 4 filing reports a specific insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• NA

Industry Context

This Form 4 reports a routine insider transaction for tax purposes, which is a common occurrence across all publicly traded companies when restricted stock or other equity awards vest for executives. It does not provide broader industry trends or specific insights into Acacia Research Corp.'s operational performance within its industry.

Comparison to Industry Standards

• NA

Management Changes

Corporate Governance

Legal Proceedings

• NA

Related Party Transactions

• NA

Stakeholder Impact

• Shareholders: The transaction is a routine insider filing and does not indicate a change in company fundamentals or strategy. It reflects an executive's compensation event.
• Employees: No direct impact beyond the executive involved.

Next Steps

• NA

Key Dates

Recommendation

Keywords

Acacia Research Corp, ACTG, Form 4, SEC filing, insider transaction, stock disposition, tax withholding, restricted stock, executive compensation, Kirsten Hoover