Marchex, Inc. granted restricted stock units (RSUs) to three executives on February 17, 2026, under its 2021 Stock Incentive Plan, vesting fully on the first anniversary. This compensatory arrangement is disclosed under Items 1.01 and 5.02, signaling alignment of executive incentives with shareholder interests.
Key takeaways
Compensation Committee approved RSU grants on February 17, 2026 (Grant Date)
Troy Hartless (President & Chief Revenue Officer) received 128,205 RSUs
Francis Feeney (Chief Operating Officer, Chief Legal Officer, & Corporate Secretary) received 96,153 RSUs
Brian Nagle (Chief Financial Officer) received 56,089 RSUs
Each RSU converts to one share of Class B Common Stock upon vesting
Vesting occurs in full on February 17, 2027 (first anniversary of Grant Date)