Feeney Francis J 4

What Happened
Francis J. Feeney, Chief Operating Officer of Marchex, was granted 96,153 restricted stock units (RSUs) on February 17, 2026. The award was reported as an acquisition (Form 4 transaction code A) at a grant price of $0.00 (typical for RSU grants). Each RSU represents the right to receive one share of Marchex Class B common stock upon vesting, so the award potentially converts to 96,153 shares when vested.

Key Details

• Transaction date: 2026-02-17 (reported on Form 4 filed 2026-02-18).
• Grant details: 96,153 RSUs; grant price reported $0.00 (derivative award).
• Vesting: RSUs vest in full on the first anniversary of the grant date (Feb 17, 2027).
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 confirms each RSU equals one share upon vesting and vests in full on the first anniversary.
• Timeliness: Filing was made one day after the grant (appears timely; not flagged as late).

Context: This is a compensation award (RSUs), not an open-market purchase or sale. RSU grants are common executive compensation; their ultimate value depends on Marchex’s share price at vesting and any applicable tax-withholding arrangements (none specified in the filing). Awards indicate compensation alignment but are not direct signals of immediate buying or selling sentiment.