Acacia Research CORP: management transactions · United States · SEC (Form 4)

About Acacia Research CORP

Acacia Research Corp. (ticker: ACTG) is a U.S.-based company listed on the Nasdaq market in the United States. Historically known for patent monetization and enforcement, Acacia has broadened its strategy and now positions itself as a value-oriented acquirer and operator of businesses across the industrial, energy, and technology sectors. The company emphasizes operational improvement, disciplined capital allocation, and transaction expertise as the core of its value-creation model. It also retains an intellectual-property platform through its subsidiary Acacia Research Group, LLC, which participates in patent portfolio licensing and enforcement programs. ([acaciaresearch.com](https://www.acaciaresearch.com/?utm_source=openai)) Acacia was founded in the late 1990s and initially built its reputation as a specialist in patents, helping rights holders develop, protect, and monetize patent portfolios. That heritage remains important to the investment case because it gives the group a differentiated legal and transactional skill set, even as the business mix has evolved. The company’s 2025 annual report shows a structure centered on two broad pillars: intellectual property operations and industrial/manufacturing operations, with additional energy-related assets contributing to the consolidated profile. ([sec.gov](https://www.sec.gov/Archives/edgar/data/934549/000093454925000054/actg-20250930.htm?utm_source=openai)) Operationally, Acacia now combines several business lines. Its patent licensing, enforcement and technologies business acts as a principal in licensing and enforcement, either obtaining rights to patent portfolios or buying them outright. As of September 30, 2025, the company said it had executed more than 1,600 license agreements across nearly 200 licensing and enforcement programs. On the operating side, the company has manufacturing and industrial operations that contributed meaningful revenue in 2025, while its energy exposure reflects prior portfolio transactions and asset ownership in the sector. This mix makes Acacia more diversified than a pure IP monetization vehicle, but also more complex to analyze. ([sec.gov](https://www.sec.gov/Archives/edgar/data/934549/000093454925000054/actg-20250930.htm?utm_source=openai)) From a competitive standpoint, Acacia is not a consumer brand business; its edge lies in sourcing special situations, structuring acquisitions, and improving underperforming assets after closing. The company’s market position is that of a small-to-mid cap capital allocator with a large cash base relative to its size and a history of using relationships and transaction expertise to create opportunities. That differentiates it from conventional industrial holding companies and from legacy patent assertion firms. ([acaciaresearch.com](https://www.acaciaresearch.com/)) The company’s headquarters is communicated by Acacia as Newport Beach, California, while its operating footprint is primarily U.S.-centric, with certain subsidiaries and assets historically linked to Texas and with patent rights that may include foreign counterparts. Recent highlights include the March 11, 2026 release of 2025 full-year results, which showed record annual revenue of $285.2 million and total cash, cash equivalents, equity securities at fair value, and loans receivable of $339.6 million at year-end 2025. Investors should also note recent Form 4 insider-transaction filings, which can be relevant for sentiment and ownership tracking. ([sec.gov](https://www.sec.gov/Archives/edgar/data/934549/000093454926000007/actg-20251231xex991.htm?utm_source=openai))