{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-242523","form_type":"8-K","ticker":"MCHX","cik":"0001224133","company_name":"MARCHEX INC","filed_at":"2025-10-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.981146+00:00","generated_at":"2026-05-17T03:21:30.646956+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 approves executive salary increases and equity grants to three officers","bullets":["Base salary raised to $400k for President/CRO Hartless, $375k for COO/CLO Feeney, $275k for CFO Nagle.","Option grants: 150k each to Hartless and Feeney, 125k to Nagle; vest 25% after 1 yr, remainder quarterly over 3 yrs.","RSU grants: 150k each to Hartless and Feeney, 125k to Nagle; full vest on 4th anniversary of grant date.","Nagle severance updated: lump sum of 12 months salary + earned bonus capped at 100% salary, plus 12 months COBRA if terminated w/o cause or for good reason after change in control.","Unvested equity accelerates 100% for Nagle if terminated w/o cause or due to death/disability before or after change in control."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-242523","json":"https://secwatch.observer/filing/0001193125-25-242523.json","markdown":"https://secwatch.observer/filing/0001193125-25-242523.md","text":"https://secwatch.observer/filing/0001193125-25-242523.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1224133/000119312525242523/0001193125-25-242523-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1224133/000119312525242523/mchx-20251016.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:21:30.646956+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"}