---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-040073"
form_type: "8-K"
ticker: "MCHX"
cik: "0001224133"
company_name: "MARCHEX INC"
filed_at: "2022-12-30T23:59:59+00:00"
generated_at: "2026-06-20T21:20:57.342986+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Marchex approves 2023 bonus pool of $568K and equity grants to executives

## Summary
- Aggregate bonus pool target amount $568,438; maximum payout 195% of target.
- Russell Horowitz receives 72,000 options and 72,000 RSUs; Michael Arends receives 149,000 each.
- Bonuses for Horowitz and Arends weighted 33.3% each on new revenue, total revenue, and adjusted OIBA.
- CRO John Roswech target $250K based on revenue goals; COO Ryan Polley target $200K based on product revenue and tech expense.
- Equity vests on fifth anniversary unless performance targets or change-in-control triggers accelerate vesting.

## SEC filing metadata
- accession: 0001564590-22-040073
- form_type: 8-K
- ticker: MCHX
- cik: 0001224133
- company_name: MARCHEX INC
- filed_at: 2022-12-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1224133/000156459022040073/0001564590-22-040073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1224133/000156459022040073/mchx-8k_20221230.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-040073
- JSON: https://secwatch.observer/filing/0001564590-22-040073.json
- Plain text: https://secwatch.observer/filing/0001564590-22-040073.txt

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