McNulty Martin D. Jr. 4

What Happened
Martin D. McNulty Jr., CEO of Acacia Research Corp (ACTG), had 8,207 shares withheld to satisfy tax withholding obligations tied to the vesting of 20,000 restricted shares on March 10, 2026. The withheld shares were valued at $4.15 each, for a total of $34,059. This was a tax-withholding disposition (not an open-market sale or new purchase).

Key Details

• Transaction date: March 10, 2026
• Price per share: $4.15; Shares withheld/disposed: 8,207; Total value: $34,059
• Reason: Tax withholding to cover taxes on the vesting of 20,000 restricted shares (see footnote F1)
• Shares owned after transaction: Not stated in the provided filing details
• Filing timeliness: Report filed March 12, 2026; no late filing indicated in the provided data
• Transaction code: F — tax withholding on vesting

Context
Withholding shares to cover taxes on vested restricted stock is a common administrative transaction and does not necessarily signal a change in the insider’s view of the company. Here, 20,000 RSUs vested and 8,207 of those shares were retained to satisfy tax obligations; the filing shows the withholding rather than an open-market sale.