secwatch.observer — SEC 8-K summary
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Issuer:     ACACIA RESEARCH CORP (ACTG)
CIK:        0000934549
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0000934549-24-000013
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Acacia Research appoints Starboard Value's Ajay Sundar to board, replacing Jonathan Sagal
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/934549/000093454924000013/0000934549-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/934549/000093454924000013/actg-20240213.htm
  HTML page:      https://secwatch.observer/filing/0000934549-24-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer