---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-123364"
form_type: "8-K"
ticker: "MCHX"
cik: "0001224133"
company_name: "MARCHEX INC"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:19:10.187949+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Marchex grants 50,000 stock options to each director and $7,500 quarterly cash retainer

## Summary
- Each director receives 50,000 stock options under 2021 Stock Incentive Plan.
- Exercise price equals closing price on November 6, 2024 (grant date).
- Options vest 50% on first and second anniversaries; full vesting on change of control.
- Independent directors also receive $7,500 cash per quarter for board service.

## SEC filing metadata
- accession: 0000950170-24-123364
- form_type: 8-K
- ticker: MCHX
- cik: 0001224133
- company_name: MARCHEX INC
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1224133/000095017024123364/0000950170-24-123364-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1224133/000095017024123364/mchx-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-123364
- JSON: https://secwatch.observer/filing/0000950170-24-123364.json
- Plain text: https://secwatch.observer/filing/0000950170-24-123364.txt

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