Acacia Research Reports Officer/Director Changes & Compensation
Ticker: ACTG · Form: 8-K · Filed: Feb 14, 2024 · CIK: 934549
| Field | Detail |
|---|---|
| Company | Acacia Research Corp (ACTG) |
| Form Type | 8-K |
| Filed Date | Feb 14, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001, $500,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-changes, compensation
TL;DR
**Acacia Research just filed an 8-K about leadership changes and new executive pay, watch for details!**
AI Summary
ACACIA RESEARCH CORPORATION filed an 8-K on February 14, 2024, reporting events that occurred on February 13, 2024. The filing indicates changes related to the departure or election of directors or certain officers, as well as new compensatory arrangements for certain officers. Specific details regarding the individuals involved or the financial amounts of the compensatory arrangements were not provided in this excerpt.
Why It Matters
Changes in leadership and executive compensation can signal strategic shifts or financial health adjustments within a company, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: medium — Changes in executive leadership and compensation can introduce uncertainty or signal significant strategic shifts, which carry inherent risks until further details are disclosed.
Key Players & Entities
- ACACIA RESEARCH CORPORATION (company) — registrant
FAQ
What type of SEC filing is this document?
This document is a Form 8-K, which is a current report filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What company filed this 8-K?
ACACIA RESEARCH CORPORATION, with SEC File Number 001-37721, filed this 8-K.
What was the date of the earliest event reported in this filing?
The earliest event reported in this filing occurred on February 13, 2024.
What specific items were reported in this 8-K?
The 8-K reported on Item 5.02, 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers,' and Item 9.01, 'Financial Statements and Exhibits.'
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on February 14, 2024.
Filing Stats: 1,172 words · 5 min read · ~4 pages · Grade level 11.8 · Accepted 2024-02-14 08:03:26
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share ACTG The Nasdaq Stock Market,
- $500,000 — ty will (i) receive an annual salary of $500,000 (ii) be eligible to receive an annual b
Filing Documents
- actg-20240213.htm (8-K) — 32KB
- acacia-mcnultyemploymentag.htm (EX-10.1) — 100KB
- pressrelease-mjpermanentce.htm (EX-99.1) — 9KB
- image_0a.jpg (GRAPHIC) — 29KB
- 0000934549-24-000009.txt ( ) — 330KB
- actg-20240213.xsd (EX-101.SCH) — 2KB
- actg-20240213_lab.xml (EX-101.LAB) — 24KB
- actg-20240213_pre.xml (EX-101.PRE) — 13KB
- actg-20240213_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibit 10.1 Amended and Restated Employment Agreement, effective February 13 , 2024, by and between Acacia Research Corporation and Martin D. McNulty, Jr. 99.1 Press Release dated February 14 , 2024 of Acacia Research Corporation 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: February 14, 2024 ACACIA RESEARCH CORPORATION By: /s/Jason Soncini Name: Jason Soncini Title: General Counsel