---
schema_version: "secwatch.filing_event.v1"
accession: "0001818383-22-000037"
form_type: "8-K"
ticker: "MAX"
cik: "0001818383"
company_name: "MediaAlpha, Inc."
filed_at: "2022-03-28T23:59:59+00:00"
generated_at: "2026-06-26T16:29:22.343147+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# MediaAlpha awards CEO and CTO 2021 stock bonuses, raises salaries, switches bonus plan to stock

## Summary
- 2021 bonuses: CEO Yi and CTO Nonko each earned $440,000 (80% of $550k target), settled in 32,200 RSUs at $13.67/share.
- 2022 base salaries set at $550,000 each; target bonuses $550,000 each, based on Transaction Value and Adjusted EBITDA.
- 2022 RSU grants: 292,700 RSUs each, vesting quarterly from May 15, 2022 through Feb 15, 2026.
- Employment agreements amended to replace future cash bonuses with performance-vesting RSUs, effective fiscal 2022.

## SEC filing metadata
- accession: 0001818383-22-000037
- form_type: 8-K
- ticker: MAX
- cik: 0001818383
- company_name: MediaAlpha, Inc.
- filed_at: 2022-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818383/000181838322000037/0001818383-22-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818383/000181838322000037/max-20220322.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818383-22-000037
- JSON: https://secwatch.observer/filing/0001818383-22-000037.json
- Plain text: https://secwatch.observer/filing/0001818383-22-000037.txt

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