ACTG counsel reports equity grant and tax withholding
Acacia Research Corp General Counsel Jason W. Soncini reported equity compensation activity involving ACTG common stock.
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Rhea-AI Filing Summary
Acacia Research Corp General Counsel Jason W. Soncini reported equity compensation activity involving ACTG common stock. On June 5, 2026, he acquired 93,049 shares at $0.00 per share as a grant or award, increasing his direct holdings at that time to 284,600 shares.
On June 8, 2026, 48,985 shares were disposed of at $4.62 per share to satisfy tax withholding obligations related to equity vesting, a non‑market tax-withholding disposition rather than an open-market sale. After these transactions, he directly owned 235,615 ACTG shares.
Footnotes explain that these awards trace back to performance-based restricted stock units granted on June 7, 2023, tied to the company’s compound annual growth rate of adjusted book value per share. On June 5, 2026, the Compensation Committee certified the number of units earned based on achievement of this performance goal, with 121,550 restricted shares vesting on June 7, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | ACTG Common Stock | 48,985 | $4.62 | $226K |
| Grant/Award | ACTG Common Stock | 93,049 | $0.00 | $0.00 |
Footnotes (2)
- F1. On June 7, 2023, the Reporting Person was granted a target number of restricted stock units subject to performance-based vesting requirements (PSUs) pursuant to the 2016 Acacia Research Corporation Stock Incentive Plan. The PSUs were scheduled to be earned based upon continued employment and the level of achievement of the Companys compound annual growth rate of its adjusted book value per share (the Performance Goal). On June 5, 2026, the Compensation Committee of the Board of Directors of the Company certified the number of restricted stock units earned based on achievement of the Performance Goal.
- F2. Represents the number of shares required to be withheld by the Reporting Person to satisfy tax withholding obligations related to the vesting of 121,550 shares of restricted stock on June 7, 2026.
Key Figures
Key Terms
restricted stock units financial
performance-based vesting requirements financial
compound annual growth rate financial
tax withholding obligations financial
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