Acacia Research (ACTG) Chief Admin Officer Rasamny Receives Award

What Happened

• Robert Rasamny, Chief Administrative Officer of Acacia Research Corporation (ACTG), was granted 60,285 shares (award) on June 5, 2026 (recorded at $0.00). Following vesting, 28,390 shares were withheld on June 8, 2026 to satisfy tax withholding obligations; the withheld shares are reported at $4.62 each, totaling about $131,162. The award arises from performance-based restricted stock units (PSUs) originally granted in 2023 and certified by the Compensation Committee.

Key Details

• Transactions:
  • June 5, 2026 — Award of 60,285 shares (code A) at $0.00.
  • June 8, 2026 — 28,390 shares withheld for taxes (code F) at $4.62 per share = $131,162.
• Plan/Further info: PSUs were granted June 7, 2023 under the 2016 Acacia Research Corp. Stock Incentive Plan and were certified as earned based on performance (footnote).
• The withheld shares relate to tax withholding on vesting of restricted shares (footnote indicates withholding tied to vesting of 78,750 restricted shares).
• Shares owned after the transactions: not disclosed in this filing.
• Filing timeliness: Form 4 filed June 9, 2026 — within the SEC’s two-business-day filing window for these transactions.

Context

• This was an award/vesting event tied to performance-based RSUs, not an open-market sale; the withholding of shares to cover taxes is a routine, administrative action (not an indication of a market sale).