Acacia Research (NASDAQ: ACTG) director lines up sale of RSU shares
Rhea-AI Filing Summary
Acacia Research Corporation (ACTG) director Maureen E. O'Connell filed a Rule 144 notice to sell up to 10,000 shares of ACTG common stock through UBS Financial Services Inc. The shares relate to RSU vesting on 05/26/2024, with the proposed sale by 08/19/2026 on NASDAQ.
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Key Figures
Shares to be sold: 10,000 shares
Proposed sale date: 08/19/2026
RSU vesting date: 05/26/2024
+2 more
5 metrics
Shares to be sold
10,000 shares
Common Stock proposed to be sold under Rule 144
Proposed sale date
08/19/2026
Approximate date of sale for the Rule 144 transaction
RSU vesting date
05/26/2024
Date tied to RSU vesting for the shares to be sold
Shares outstanding
97,586,805 shares
Number of shares outstanding shown in the securities information section
Aggregate market value
45,000
Aggregate market value figure listed with the 10,000 shares
Key Terms
Rule 144, RSU Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
RSU Vesting financial
"Common Stock | 05/26/2024 | RSU Vesting | Acacia Research Corporation"
RSU vesting is the process by which restricted stock units — a promise by a company to give shares to an employee — become actual, owned shares over time or when certain goals are met. Investors care because vested shares can dilute existing ownership when issued, and the timing of vesting affects when employees can sell shares, which can influence share supply, insider selling patterns, and company incentives.
attorney-in-fact regulatory
"for UBS Financial Services Inc, as attorney-in-fact for Maureen E. O'Connell"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What did Acacia Research (ACTG) disclose in this Form 144 filing?
Acacia Research (ACTG) disclosed that director Maureen E. O'Connell filed a Rule 144 notice to sell up to 10,000 shares of ACTG common stock through UBS Financial Services Inc, with a proposed sale by 08/19/2026 on NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.