---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-051121"
form_type: "8-K"
ticker: "MCHX"
cik: "0001224133"
company_name: "MARCHEX INC"
filed_at: "2023-10-02T23:59:59+00:00"
generated_at: "2026-06-10T06:16:34.177089+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Marchex re-elects all directors; grants options to CEO and CRO at $1.45 strike

## Summary
- All five director nominees re-elected at annual meeting on Sept 28, 2023, with 139M+ votes for each.
- CEO Edwin A. Miller receives 350,000 options and CRO Troy Hartless receives 300,000 options, vesting over 4 years.
- Each non-employee director receives 15,000 restricted shares ($0.01/share), 20,000 options ($1.45), and $7,500 quarterly cash.
- Advisory vote on executive compensation approved (143.4M for); frequency set at every 3 years (122.6M votes).
- Ratification of independent auditor approved with 148.5M votes for, none against.

## SEC filing metadata
- accession: 0000950170-23-051121
- form_type: 8-K
- ticker: MCHX
- cik: 0001224133
- company_name: MARCHEX INC
- filed_at: 2023-10-02T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 1.01, 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1224133/000095017023051121/0000950170-23-051121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1224133/000095017023051121/mchx-20230928.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-051121
- JSON: https://secwatch.observer/filing/0000950170-23-051121.json
- Plain text: https://secwatch.observer/filing/0000950170-23-051121.txt

## Key facts
- Shareholder Votes
  MARCHEX INC shareholders approved Advisory Vote on the Frequency of Holding Future Advisory Votes on Compensation of Named Executive Officers - Three Years Approved.
  - Proposal: say on pay frequency
  - Outcome: passed
  source text: Proposal 4. Advisory Vote on the Frequency of Holding Future Advisory Votes on Compensation of Named Executive Officers - Three Years Approved 1 Year 2 Years 3 Years Abstain Broker Non-Votes 21,520,842 34,292 122,638,861 2,722 7,318,279
  evidence_url: https://www.sec.gov/Archives/edgar/data/1224133/000095017023051121/0000950170-23-051121-index.htm
- Shareholder Votes
  MARCHEX INC shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm.
  - Proposal: auditor ratification
  - Outcome: passed
  source text: Proposal 2. Ratification of Selection of Independent Registered Public Accounting Firm - Approved For Against Abstain Broker Non-Votes 148,472,887 1,339 3,040,770 -
  evidence_url: https://www.sec.gov/Archives/edgar/data/1224133/000095017023051121/0000950170-23-051121-index.htm
- Shareholder Votes
  MARCHEX INC shareholders approved Advisory Vote to Approve Compensation of Named Executive Officers.
  - Proposal: say on pay
  - Outcome: passed
  source text: Proposal 3. Advisory Vote to Approve Compensation of Named Executive Officers - Approved For Against Abstain Broker Non-Votes 143,362,648 829,307 4,762 7,318.279
  evidence_url: https://www.sec.gov/Archives/edgar/data/1224133/000095017023051121/0000950170-23-051121-index.htm
- Shareholder Votes
  MARCHEX INC shareholders approved Election of Directors.
  - Proposal: director election
  - Outcome: passed
  source text: Proposal 1. Election of Directors - All Directors Re-Elected Nominee For Withheld Broker Non-Votes Michael Arends 144,023,443 173,274 7,318,279 Dennis Cline 139,009,913 5,186,804 7,318,279 Donald Cogsville 139,905,735 4,290,982 7,318,279 Russell C. Horowitz 139,764,690 4,432,027 7,318,279 M. Wayne Wisehart 139,267,647 4,929,070 7,318,279
  evidence_url: https://www.sec.gov/Archives/edgar/data/1224133/000095017023051121/0000950170-23-051121-index.htm

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