---
schema_version: "secwatch.filing_event.v1"
accession: "0000934549-23-000069"
form_type: "8-K"
ticker: "ACTG"
cik: "0000934549"
company_name: "ACACIA RESEARCH CORP"
filed_at: "2023-06-09T23:59:59+00:00"
generated_at: "2026-06-14T04:33:48.482608+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Acacia grants RSUs and PSUs to CEO, CFO, and GC under long-term incentive plan

## Summary
- CEO Martin D. McNulty Jr. receives 87,428 RSUs and 495,424 target PSUs (up to 200% payout).
- CFO Kirsten Hoover and GC Jason Soncini each receive 54,191 RSUs and 54,191 target PSUs.
- PSU vesting based on three-year CAGR of adjusted book value per share (2023–2025).
- RSUs vest in three equal annual installments; accelerated vesting on change-in-control with double-trigger.
- Grants cover two annual cycles (FY2023 and FY2024) as part of long-term incentive program.

## SEC filing metadata
- accession: 0000934549-23-000069
- form_type: 8-K
- ticker: ACTG
- cik: 0000934549
- company_name: ACACIA RESEARCH CORP
- filed_at: 2023-06-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/934549/000093454923000069/0000934549-23-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/934549/000093454923000069/actg-20230607.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000934549-23-000069
- JSON: https://secwatch.observer/filing/0000934549-23-000069.json
- Plain text: https://secwatch.observer/filing/0000934549-23-000069.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.