Ajay Sundar (NASDAQ: ACTG) granted shares for Q2 director fees

Rhea-AI Filing Summary

Sundar Ajay reported acquisition or exercise transactions in this Form 4 filing.

ACACIA RESEARCH CORP insider Ajay Sundar reported receiving a grant of 4,175 shares of Common Stock at $4.79 per share as Q2 2026 director fees paid in stock instead of cash. Following this award, he directly holds 107,605 shares. As of June 23, 2026, he ceased to be a director of the company.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sundar Ajay

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.001	4,175	$4.79	$20K

Holdings After Transaction: Common Stock, par value $0.001 — 107,605 shares (Direct, null)

Footnotes (1)

1. As of June 23, 2026, the Reporting Person ceased to be a director of the Issuer. Grant of shares of Common Stock in lieu of cash for Q2 2026 director fees.

Key Figures

Shares granted: 4,175 shares Grant valuation price: $4.79 per share Post-transaction holdings: 107,605 shares +1 more

4 metrics

Shares granted 4,175 shares Grant of Common Stock for Q2 2026 director fees

Grant valuation price $4.79 per share Value used for director fee stock grant

Post-transaction holdings 107,605 shares Direct ownership after June 23, 2026 grant

Transaction date June 23, 2026 Date of stock grant and director status change

Key Terms

Grant, award, or other acquisition, Common Stock, director fees, non-derivative

4 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"Grant of shares of Common Stock in lieu of cash for Q2 2026 director fees."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

director fees financial

"Grant of shares of Common Stock in lieu of cash for Q2 2026 director fees."

non-derivative financial

"transaction_type: non-derivative"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/25/2026 - 07:09 PM Accepted by SEC EDGAR 06/25/2026 - 07:08 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sundar Ajay

(Last) (First) (Middle)

777 THIRD AVENUE

18TH FLOOR

(Street)

NEW YORK NEW YORK 10017

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ACACIA RESEARCH CORP [ ACTG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			See Footnote 1

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001(1)	06/23/2026		A		4,175(2)	A	$4.79	107,605	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. As of June 23, 2026, the Reporting Person ceased to be a director of the Issuer.

2. Grant of shares of Common Stock in lieu of cash for Q2 2026 director fees.

	/s/ Ajay Sundar	06/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Ajay Sundar report in this Form 4 for ACTG?

Ajay Sundar reported receiving 4,175 shares of Acacia Research common stock as a grant. The award was given in lieu of cash for his Q2 2026 director fees, increasing his direct holdings to 107,605 shares after the transaction.

Was the ACTG Form 4 transaction a market purchase or sale?

The transaction was a grant, not an open-market trade. Shares were awarded as compensation for Q2 2026 director fees, recorded at $4.79 per share, rather than being bought or sold on the market by Ajay Sundar.

How many Acacia Research (ACTG) shares does Ajay Sundar hold after the grant?

After the reported grant, Ajay Sundar directly holds 107,605 shares of Acacia Research common stock. This reflects the addition of 4,175 shares awarded as Q2 2026 director fees paid in stock instead of cash.

At what price were the ACTG shares in Ajay Sundar’s grant valued?

The 4,175 Acacia Research shares granted to Ajay Sundar for Q2 2026 director fees were valued at $4.79 per share. This value is used for reporting compensation, not as an indication of a market trade price he paid or received.

Did Ajay Sundar remain a director of Acacia Research (ACTG) after this Form 4?

As of June 23, 2026, Ajay Sundar ceased to be a director of Acacia Research. The same Form 4 notes his director status change alongside disclosure of the share grant he received for Q2 2026 director fees.