MARCHEX INC 8-K
Research Summary
AI-generated summary
Marchex Inc Approves 2025 Executive Cash Bonuses
What Happened
- Marchex, Inc. (MCHX) filed a Form 8-K reporting that on January 29, 2026 the Compensation Committee approved annual cash bonuses for fiscal year 2025 for three named executives: $200,000 to Troy Hartless (President and Chief Revenue Officer), $150,000 to Francis Feeney (Chief Operating Officer, Chief Legal Officer and Corporate Secretary), and $40,000 to Brian Nagle (Chief Financial Officer). The report was signed by Francis Feeney on January 30, 2026.
- The filing also lists Item 1.01 (Entry into a Material Definitive Agreement); the excerpt provided contains no additional details about any such agreement.
Key Details
- Approval date: January 29, 2026.
- Cash bonus amounts: $200,000 (Troy Hartless), $150,000 (Francis Feeney), $40,000 (Brian Nagle).
- Executive titles: President & CRO (Hartless); COO/CLO/Corporate Secretary (Feeney); CFO (Nagle).
- Form 8-K was filed/signed on January 30, 2026 by Francis J. Feeney.
Why It Matters
- These approved bonuses increase cash compensation obligations for fiscal 2025 and will affect Marchex’s cash outflows and executive pay disclosures.
- For investors, the action signals how the board is rewarding/retaining senior management but is not an earnings or revenue disclosure—no financial results were reported in this filing.
- Watch for any follow-up filings (or the company’s proxy/annual report) for more detail on how these bonuses were calculated and whether any material agreements under Item 1.01 were entered.