secwatch.observer — SEC 8-K summary
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Issuer:     MARCHEX INC (MCHX)
CIK:        0001224133
Form:       8-K
Filed at:   2026-11-10T21:05:16+00:00
Accession:  0001193125-26-455415
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 5.02
LLM model:  deepseek-v4.1-flash:cloud@v2

Marchex names Archenia's Travis Fairchild President; $400K salary, 800,000 RSUs granted
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- Fairchild, 53, was CEO of Archenia, Inc., which Marchex acquired in July 2026; he previously spent 18 years at Marchex in strategy and business development.
- Base salary set at $400,000; granted 400,000 RSUs vesting on the third anniversary and 400,000 RSUs vesting on the fifth anniversary of the Nov. 9, 2026 grant date.
- Troy Hartless, previously President of Marchex, continues as Chief Revenue Officer focused on new and emerging opportunities and sales channels.
- Fairchild also serves as Co-Principal Executive Officer for SEC reporting purposes; post-Change-in-Control severance is 12 months' salary plus prior bonus and 12 months of COBRA.
- On a Change in Control or qualifying termination, 100% of unvested time-based and performance equity vests immediately; death/disability brings 18 months of COBRA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1224133/000119312526455415/0001193125-26-455415-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1224133/000119312526455415/mchx-20261109.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-455415

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