{"schema_version":"secwatch.filing_event.v1","accession":"0000934549-24-000013","form_type":"8-K","ticker":"ACTG","cik":"0000934549","company_name":"ACACIA RESEARCH CORP","filed_at":"2024-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.351029+00:00","generated_at":"2026-06-06T01:53:12.967894+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Acacia Research appoints Starboard Value's Ajay Sundar to board, replacing Jonathan Sagal","bullets":["Jonathan Sagal resigned as director effective Feb 13, 2024; no dispute with the company or board.","Ajay Sundar, Managing Director at Starboard Value LP, appointed director effective Feb 13, 2024.","Sundar will serve until 2024 annual meeting; receives standard non-employee director compensation.","Sundar entered into a standard indemnification agreement with Acacia.","No family relationships or reportable transactions between Sundar and any director/officer."],"urls":{"canonical":"https://secwatch.observer/filing/0000934549-24-000013","json":"https://secwatch.observer/filing/0000934549-24-000013.json","markdown":"https://secwatch.observer/filing/0000934549-24-000013.md","text":"https://secwatch.observer/filing/0000934549-24-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/934549/000093454924000013/0000934549-24-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/934549/000093454924000013/actg-20240213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T01:53:12.967894+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":"dfeced2957","claim":"Jonathan Sagal resigned as Director at ACACIA RESEARCH CORP.","evidence_excerpt":"On February 12, 2024, Jonathan Sagal, a member of the Board of Directors of Acacia Research Corporation (the “Company”), notified the Company of his intention to resign as a director of the Company, effective February 13, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/934549/000093454924000013/0000934549-24-000013-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"eee1915c3b","claim":"Ajay Sundar was appointed as Director at ACACIA RESEARCH CORP.","evidence_excerpt":"On February 13, 2024, Ajay Sundar, Managing Director at Starboard Value LP (“Starboard Value”), was appointed as a director of the Company to serve until the Company’s 2024 annual meeting of stockholders and until his successor is duly elected and qualified.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/934549/000093454924000013/0000934549-24-000013-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}