---
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"
generated_at: "2026-06-04T11:55:31.944862+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Director David Lowe resigns from MediaAlpha board after Insignia ownership falls below threshold

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818383-24-000022
- JSON: https://secwatch.observer/filing/0001818383-24-000022.json
- Plain text: https://secwatch.observer/filing/0001818383-24-000022.txt

## Key facts
- Executive change
  David Lowe resigned as Director at MediaAlpha, Inc..
  - Action: resigned
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1818383/000181838324000022/0001818383-24-000022-index.htm

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