Acacia Research (NASDAQ: ACTG) director receives 25,052-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Molinelli Gavin reported acquisition or exercise transactions in this Form 4 filing.
Acacia Research Corp director Gavin Molinelli received a new equity award. He was granted 25,052 shares of common stock as restricted stock on June 23, 2026, at no purchase price, as part of the company’s annual equity awards to non-employee directors under the 2024 Stock Incentive Plan.
The filing states that 100% of this restricted stock will vest on the first anniversary of the grant date. After this award, Molinelli directly holds 199,528 shares of Acacia Research common stock, reflecting ongoing stock-based compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Molinelli Gavin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 | 25,052 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.001 — 199,528 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 25,052 shares
Grant price: $0.00 per share
Shares after transaction: 199,528 shares
+1 more
4 metrics
Restricted stock grant
25,052 shares
Grant to director on June 23, 2026
Grant price
$0.00 per share
Director restricted stock award
Shares after transaction
199,528 shares
Director’s direct holdings following award
Vesting schedule
100% after one year
Restricted stock vests on first anniversary of grant date
Key Terms
restricted stock, annual grant of equity awards, 2024 Acacia Research Corporation Stock Incentive Plan, vest
4 terms
restricted stock financial
"Grant of restricted stock awarded on June 23, 2026, as part of the Company's annual grant"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
annual grant of equity awards financial
"as part of the Company's annual grant of equity awards to non-employee directors"
2024 Acacia Research Corporation Stock Incentive Plan financial
"pursuant to the 2024 Acacia Research Corporation Stock Incentive Plan"
vest financial
"100% of the restricted stock will vest on the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Gavin Molinelli report in this ACACIA RESEARCH (ACTG) Form 4?
Gavin Molinelli reported receiving 25,052 shares of restricted common stock in Acacia Research. The grant was made as part of the company’s annual equity awards to non-employee directors under its 2024 Stock Incentive Plan.
Was Gavin Molinelli’s ACACIA RESEARCH (ACTG) Form 4 transaction an open-market stock purchase?
No, the transaction was not an open-market purchase. It was a grant of 25,052 restricted shares at a stated price of $0.00 per share, issued as director equity compensation under Acacia Research’s 2024 Stock Incentive Plan.
Under which plan was Gavin Molinelli’s ACACIA RESEARCH (ACTG) equity award granted?
The restricted stock grant to Gavin Molinelli was issued under the 2024 Acacia Research Corporation Stock Incentive Plan. The footnote explains it is part of the company’s annual grant of equity awards to non-employee directors.