secwatch.observer — SEC 8-K summary
======================================

Issuer:     MediaAlpha, Inc. (MAX)
CIK:        0001818383
Form:       8-K
Filed at:   2024-03-20T23:59:59+00:00
Accession:  0001818383-24-000022
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818383/000181838324000022/0001818383-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818383/000181838324000022/max-20240318.htm
  HTML page:      https://secwatch.observer/filing/0001818383-24-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer