{"schema_version":"secwatch.filing_event.v1","accession":"0001818383-24-000022","form_type":"8-K","ticker":"MAX","cik":"0001818383","company_name":"MediaAlpha, Inc.","filed_at":"2024-03-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.667956+00:00","generated_at":"2026-06-04T11:55:31.944862+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Director David Lowe resigns from MediaAlpha board after Insignia ownership falls below threshold","bullets":["David Lowe resigned as director effective March 18, 2024, per Stockholders Agreement requirement.","Insignia's ownership fell below 7,338,148 shares (12.5% of outstanding) after secondary offering closed March 11, 2024.","Resignation not due to any disagreement with the Company on operations, policies, or practices.","Insignia retains one designee on the board; the other director remains."],"urls":{"canonical":"https://secwatch.observer/filing/0001818383-24-000022","json":"https://secwatch.observer/filing/0001818383-24-000022.json","markdown":"https://secwatch.observer/filing/0001818383-24-000022.md","text":"https://secwatch.observer/filing/0001818383-24-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1818383/000181838324000022/0001818383-24-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1818383/000181838324000022/max-20240318.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T11:55:31.944862+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":[{"claim_id":"0805497d52","claim":"David Lowe resigned as Director at MediaAlpha, Inc..","evidence_excerpt":"On March 18, 2024, as required by Section 3.1(b) of the Stockholders Agreement (as defined below), David Lowe tendered his resignation as a member of the Board of Directors (the “Board”) of MediaAlpha, Inc. (the “Company”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1818383/000181838324000022/0001818383-24-000022-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}