Acacia Research (ACTG) Director Maureen O'Connell Sells 10,000 Shares
$ACTG · ACACIA RESEARCH CORPResearch Summary
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Acacia Research (ACTG) Director Maureen O'Connell Sells 10,000 Shares
What Happened
Maureen O'Connell, a director of Acacia Research Corporation (ACTG), sold 10,000 shares on August 19, 2026. The reported weighted-average sale price was $4.60 per share, for gross proceeds of approximately $46,000. The filing reports this as an open-market/private sale (S), i.e., a disposal of shares.
Key Details
- Transaction date: 2026-08-19; filing date: 2026-08-20 (filed the next day).
- Price: weighted average $4.60; reported price range $4.57–$4.63 (see footnote F1). The reporting person offers to provide a breakdown of shares sold at each price on request.
- Shares sold: 10,000; gross proceeds ≈ $46,000.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnote: F1 explains the weighted-average price and the price range and offers to supply per-price quantities upon request.
- No indication in the provided data of a 10b5-1 plan, tax-withholding disposition, or other special conditions.
Context
This filing documents a sale (disposition) rather than a purchase—sales by insiders can be routine (liquidity, diversification, tax needs) and are not, by themselves, a reliable signal of company prospects. The transaction size here is relatively modest (~$46k). If you want more detail (exact number of shares sold at each price), the footnote indicates that information can be requested from the issuer or the SEC staff.