Form 4: Acacia Research Director Acquires Shares as Compensation

Acacia Research Corp. Director Ajay Sundar acquired 5,348 shares of common stock at $3.74 per share as compensation for Q4 2025 director fees.

Summary

• Ajay Sundar, a Director of ACACIA RESEARCH CORP (ACTG), acquired 5,348 shares of common stock.
• The transaction occurred on December 31, 2025, with the shares priced at $3.74 each.
• The shares were granted in lieu of cash for Q4 2025 director fees.
• Following this transaction, Ajay Sundar directly beneficially owns 99,272 shares of Common Stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, even as compensation, generally aligns management's interests with those of shareholders, which is a minor positive signal.

Positives

• Director Ajay Sundar's acquisition of shares aligns his interests more closely with those of other shareholders.
• The use of equity for director compensation demonstrates a commitment to long-term value creation.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing, detailing an insider's acquisition of shares as compensation, does not provide information relevant to broader industry trends or competitor analysis.

Comparison to Industry Standards

• This Form 4 filing, detailing an insider's acquisition of shares as compensation, does not provide information suitable for assessment against global benchmarks or comparable companies.

Related Party Transactions

• The grant of 5,348 shares of common stock to Director Ajay Sundar in lieu of cash for director fees constitutes a related party transaction.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholder value due to increased equity ownership.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Key Dates

Keywords

Acacia Research Corp, ACTG, Ajay Sundar, Director, Insider Transaction, Form 4, Stock Acquisition, Equity Compensation, Rule 10b5-1