Ajay Sundar's Director Departure and Stock Grant from Acacia Research Corp

This Form 4 filing reports that Ajay Sundar ceased to be a director of Acacia Research Corp (ACTG) on June 23, 2026. On the same day, Sundar received a grant of 4,175 shares of common stock valued at $4.79 per share, which was granted in lieu of cash payment for Q2 2026 director fees. Following this transaction, Sundar holds 107,605 shares of Acacia Research common stock. The filing indicates Sundar is no longer subject to Section 16 reporting requirements as of his departure from the board. The transaction represents a non-derivative acquisition of company stock as part of the director compensation arrangement.