{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-087293","form_type":"8-K","ticker":"MCHX","cik":"0001224133","company_name":"MARCHEX INC","filed_at":"2024-07-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.382980+00:00","generated_at":"2026-05-31T15:38:55.924738+00:00","sec_items":["1.01","5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Marchex grants 400k stock options to CEO Miller and 300k to CRO Hartless; updates severance terms","bullets":["CEO Miller: 250k options (4-yr, 25% yr1) plus 150k options (cliff vest yr4); exercise price = July 26 close.","CRO Hartless: 200k options (4-yr, 25% yr1) plus 100k options (cliff vest yr4); same exercise price.","Updated severance: termination without cause/good reason after CIC: 12-month salary + prior bonus (capped) + 12-month COBRA.","Death/disability: 18-month COBRA; CIC or termination without cause before CIC: full equity acceleration."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-087293","json":"https://secwatch.observer/filing/0000950170-24-087293.json","markdown":"https://secwatch.observer/filing/0000950170-24-087293.md","text":"https://secwatch.observer/filing/0000950170-24-087293.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1224133/000095017024087293/0000950170-24-087293-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1224133/000095017024087293/mchx-20240726.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:38:55.924738+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}