---
schema_version: "secwatch.filing_event.v1"
accession: "0001818383-25-000179"
form_type: "8-K"
ticker: "MAX"
cik: "0001818383"
company_name: "MediaAlpha, Inc."
filed_at: "2025-12-16T23:59:59+00:00"
generated_at: "2026-05-16T13:05:14.738972+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# MediaAlpha amends bylaws to update stockholder meeting procedures, eliminate litigation cost provision

## Summary
- Board approved Amended and Restated By-Laws effective Dec 10, 2025; revisions include stockholder meeting procedures, voting standards, proxy limits.
- Eliminated prior cap on number of proxies authorized by stockholders; changed adjournment voting standard to majority of votes cast.
- Deleted Article XII regarding payment of litigation costs in certain actions; clarified director indemnification extends to fullest extent under Delaware law.
- Removed references to Stockholder Agreement provisions no longer applicable; incorporated ministerial and technical changes.

## SEC filing metadata
- accession: 0001818383-25-000179
- form_type: 8-K
- ticker: MAX
- cik: 0001818383
- company_name: MediaAlpha, Inc.
- filed_at: 2025-12-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818383/000181838325000179/0001818383-25-000179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818383/000181838325000179/max-20251210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818383-25-000179
- JSON: https://secwatch.observer/filing/0001818383-25-000179.json
- Plain text: https://secwatch.observer/filing/0001818383-25-000179.txt

## Key facts
- Governance Changes
  MediaAlpha, Inc.: Amended and restated the bylaws to update stockholder meeting procedures, director election provisions, nomination requirements, indemnification, and other governance matters (effective 2025-12-10).
  - Change: bylaw amendment
  - Effective: 2025-12-10
  source text: On December 10, 2025, the Board of Directors of MediaAlpha, Inc. (the “Company”) approved an amendment and restatement of the Company’s by-laws (as so amended and restated, the “Amended and Restated By-Laws”), which became effective the same day.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818383/000181838325000179/0001818383-25-000179-index.htm

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