ACACIA RESEARCH (ACTG) Director Gavin Molinelli Receives 6,961 Shares

What Happened Gavin Molinelli, a director of Acacia Research Corp (ACTG), was awarded 6,961 shares of common stock on 2026-09-30 as compensation. The shares were issued at $4.31 per share for a total value of $30,002. This transaction is an award/grant (transaction code A) issued in lieu of cash director fees, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-30; Price per share: $4.31; Total value: $30,002.
• Shares issued: 6,961 common shares (acquired as compensation).
• Shares owned after transaction: Not disclosed on the Form 4.
• Footnote: Grant issued in lieu of cash for Q3 2026 director fees.
• Filing: Form 4 filed 2026-10-01 (timely; filed one business day after the transaction).

Context Stock grants in lieu of cash are routine director compensation and do not reflect an open-market purchase or sale by the director. Such awards are common and are primarily a form of pay rather than a direct signal of the insider’s view on the stock.