Soncini Jason W. 4

What Happened

• Jason W. Soncini, General Counsel of Acacia Research Corp. (ACTG), had 6,147 shares disposed on March 23, 2026 as a tax-withholding transaction (Form 4 code F). The shares were valued at $4.85 each, for proceeds of $29,813.
• This was not an open-market sale but a share surrender to satisfy tax withholding obligations related to restricted stock vesting.

Key Details

• Transaction date and price: March 23, 2026 — 6,147 shares at $4.85 per share (total $29,813).
• Transaction code: F (payment of exercise price or tax liability — here, tax withholding).
• Footnote: The filing states these shares were withheld to satisfy tax withholding on 15,252 restricted shares that vested on March 21, 2026.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Report filed March 24, 2026 (appears timely under Form 4 reporting rules).

Context

• This was a routine tax-withholding disposition tied to the vesting of restricted stock, not a discretionary sale on the open market. Such withholding transactions are common and generally reflect tax obligations rather than an insider's view on the company’s prospects.