{"schema_version":"secwatch.filing_event.v1","accession":"0001818383-25-000118","form_type":"8-K","ticker":"MAX","cik":"0001818383","company_name":"MediaAlpha, Inc.","filed_at":"2025-09-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.109334+00:00","generated_at":"2026-05-17T08:03:11.886002+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"MediaAlpha repurchases 3.2M shares from Insignia for $32.9M at $10.17/share","bullets":["Repurchased 3,234,894 Class A shares at $10.17/share (total ~$32.9M), a 5.5% discount to Sep 2 close.","Shares will be canceled; Insignia no longer owns any common stock.","Director Anthony Broglio (Insignia designee) resigned from Board upon closing; not due to disagreement.","Transaction approved by Special Committee of independent directors; funded with cash on hand.","CFO says buyback is accretive and reflects confidence in strategy; company has strong cash flow."],"urls":{"canonical":"https://secwatch.observer/filing/0001818383-25-000118","json":"https://secwatch.observer/filing/0001818383-25-000118.json","markdown":"https://secwatch.observer/filing/0001818383-25-000118.md","text":"https://secwatch.observer/filing/0001818383-25-000118.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1818383/000181838325000118/0001818383-25-000118-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1818383/000181838325000118/max-20250903.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T08:03:11.886002+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}