MARCHEX INC 8-K

What Happened
Marchex, Inc. announced via Form 8‑K that its Compensation Committee approved restricted stock unit (RSU) awards on the Grant Date of February 17, 2026, as part of its annual compensation review. The grants were made under the company’s 2021 Stock Incentive Plan and total 280,447 RSUs across three executives: Troy Hartless (President & Chief Revenue Officer), Francis Feeney (Chief Operating Officer, Chief Legal Officer & Corporate Secretary), and Brian Nagle (Chief Financial Officer). Each RSU represents the right to receive one share of Class B Common Stock and will vest in full on the first anniversary of the grant (Feb 17, 2027). The 8‑K was filed on February 18, 2026.

Key Details

• Total RSUs granted: 280,447
  • Troy Hartless: 128,205 RSUs
  • Francis Feeney: 96,153 RSUs
  • Brian Nagle: 56,089 RSUs
• Grant Date: February 17, 2026; Vesting: full vest on February 17, 2027
• Awards made under Marchex’s 2021 Stock Incentive Plan and approved by the Compensation Committee

Why It Matters
These grants are part of executive compensation and retention: when the RSUs vest next year, they will convert into Class B shares and could increase the company’s outstanding share count (dilution). For investors, the filing signals how Marchex is compensating and incentivizing its senior management, and the exact amounts and vesting schedule let shareholders quantify potential near‑term share issuance tied to these awards.