{"schema_version":"secwatch.filing_event.v1","accession":"0000902664-21-004167","form_type":"8-K","ticker":"ACTG","cik":"0000934549","company_name":"ACACIA RESEARCH CORP","filed_at":"2021-09-10T23:59:59+00:00","discovered_at":"2026-05-14T18:04:21.333115+00:00","generated_at":"2026-06-29T04:42:00.100940+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"President & CIO Alfred Tobia resigns after family member's trading; CEO Press assumes President role","bullets":["Alfred V. Tobia, Jr., President and Chief Investment Officer and board member, resigned on Sept 9, 2021.","Resignation followed disclosure to Company of trading in Company securities and certain investments by a Tobia family member.","Company has commenced a review into the trading; Tobia did not serve on any board committee.","CEO Clifford Press will assume President role with no change to his compensation."],"urls":{"canonical":"https://secwatch.observer/filing/0000902664-21-004167","json":"https://secwatch.observer/filing/0000902664-21-004167.json","markdown":"https://secwatch.observer/filing/0000902664-21-004167.md","text":"https://secwatch.observer/filing/0000902664-21-004167.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/934549/000090266421004167/0000902664-21-004167-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/934549/000090266421004167/p21-2123form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T04:42:00.100940+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"31b6ec8a77","claim":"Clifford Press changed role as President at ACACIA RESEARCH CORP.","evidence_excerpt":"Clifford Press, the Company’s Chief Executive Officer, will assume the role of President and, in connection with him assuming such role, his compensation will not change.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/934549/000090266421004167/0000902664-21-004167-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"assumed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"ec069b4abf","claim":"Alfred V. Tobia, Jr. resigned as President and Chief Investment Officer and Director at ACACIA RESEARCH CORP.","evidence_excerpt":"On September 9, 2021, Acacia Research Corporation (the “Company”) accepted the resignation of Alfred V. Tobia, Jr., President and Chief Investment Officer and a member of the Company’s board of directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/934549/000090266421004167/0000902664-21-004167-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President and Chief Investment Officer and Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}