Director Maureen O’Connell gets restricted stock grant at Acacia (NASDAQ: ACTG)

Rhea-AI Filing Summary

OCONNELL MAUREEN reported acquisition or exercise transactions in this Form 4 filing.

Acacia Research director Maureen O’Connell reported an equity grant of company stock. On June 23, 2026 she received 25,052 shares of Acacia Research common stock as restricted stock, awarded as part of the company’s annual equity grants to non-employee directors under the 2024 Stock Incentive Plan.

The restricted stock will vest 100% on the first anniversary of the grant date. Following this award, O’Connell directly holds 297,655 shares of Acacia Research common stock. The grant carries no cash purchase price and reflects compensation rather than an open-market trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider OCONNELL MAUREEN

Role null

Type	Security	Shares	Price	Value
Grant/Award	ACTG Common Stock	25,052	$0.00	--

Holdings After Transaction: ACTG Common Stock — 297,655 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock granted: 25,052 shares Shares held after grant: 297,655 shares Grant price: $0.00 per share +3 more

6 metrics

Restricted stock granted 25,052 shares Grant to Maureen O’Connell on June 23, 2026

Shares held after grant 297,655 shares O’Connell’s direct holdings following the award

Grant price $0.00 per share Reported transaction price for the restricted stock

Vesting schedule 100% after one year Restricted stock vests on first anniversary of June 23, 2026

Transaction code A (grant/award acquisition) Indicates equity award, not open-market trade

Ownership type Direct O’Connell reports direct ownership of granted shares

Key Terms

restricted stock, annual grant of equity awards, non-employee directors, 2024 Acacia Research Corporation Stock Incentive Plan, +1 more

5 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"

non-employee directors financial

"annual grant of equity awards to non-employee directors, pursuant to the 2024 Acacia Research Corporation Stock Incentive Plan"

Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.

2024 Acacia Research Corporation Stock Incentive Plan financial

"pursuant to the 2024 Acacia Research Corporation Stock Incentive Plan. 100% of the restricted stock will vest"

Form 4 regulatory

"INSIDER FILING DATA (Form 4): { "issuerName": "ACACIA RESEARCH CORP""

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/25/2026 - 04:12 PM Accepted by SEC EDGAR 06/25/2026 - 04:12 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

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^*

OCONNELL MAUREEN

(Last) (First) (Middle)

777 THIRD AVENUE

SUITE 2602

(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)

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

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
ACTG Common Stock	06/23/2026		A		25,052(1)	A	$0	297,655	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. Grant of restricted stock awarded on June 23, 2026, as part of the Company's annual grant of equity awards to non-employee directors, pursuant to the 2024 Acacia Research Corporation Stock Incentive Plan. 100% of the restricted stock will vest on the first anniversary of the grant date.

Remarks:

	Jennifer Graff, Attorney-in-fact	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 insider transaction did Acacia Research (ACTG) report for Maureen O’Connell?

Acacia Research disclosed that director Maureen O’Connell received a grant of 25,052 shares of restricted common stock. The award was made on June 23, 2026 as part of the company’s annual equity grants to non-employee directors under its 2024 Stock Incentive Plan.

Is the Acacia Research (ACTG) Form 4 transaction a stock purchase or compensation grant?

The Form 4 shows a compensation grant, not a market purchase. O’Connell received 25,052 restricted shares at a reported price of $0.00 per share, reflecting an equity award under the 2024 Stock Incentive Plan rather than an open-market buy or sell transaction.

When do Maureen O’Connell’s restricted shares in Acacia Research (ACTG) vest?

The filing states that 100% of the restricted stock granted to Maureen O’Connell will vest on the first anniversary of the June 23, 2026 grant date. Until vesting, the shares are subject to restrictions typical for equity awards to non-employee directors.

How many Acacia Research (ACTG) shares does Maureen O’Connell hold after this Form 4?

After the reported grant, O’Connell directly holds 297,655 shares of Acacia Research common stock. This total includes the newly awarded 25,052 restricted shares, which were granted as part of the company’s annual non-employee director equity program under its 2024 Stock Incentive Plan.

What plan governs the restricted stock grant to Acacia Research (ACTG) director Maureen O’Connell?

The restricted stock grant was made pursuant to the 2024 Acacia Research Corporation Stock Incentive Plan. The footnote explains that the award is part of the company’s annual equity grants to non-employee directors, with all granted shares vesting one year after the grant date.