Molinelli Gavin 4

What Happened Gavin Molinelli, a director of Acacia Research Corp. (ACTG), received an award of 6,237 shares of common stock on March 31, 2026. The filing reports the shares at $4.81 per share for a reported value of $30,000. This was an equity grant in lieu of cash director fees (not an open-market purchase), so it is compensation rather than a direct buy or sell signal.

Key Details

• Transaction date: 2026-03-31; Transaction type/code: Award/Grant (A)
• Price reported: $4.81 per share; Total reported value: $30,000 (per filing)
• Shares acquired: 6,237 shares
• Shares owned after transaction: not disclosed in the Form 4 filing
• Footnote: “Grant of shares of Common Stock in lieu of cash for Q1 2026 director fees.” (F1)
• Filing: Form 4 filed 2026-04-01 (timely relative to the transaction date)

Context Grants issued in lieu of cash are a form of compensation and do not necessarily indicate the insider’s buying or selling preference in the market. For retail investors, purchases can be more informative about insider sentiment; awards like this primarily reflect compensation policy.