Marchex president Travis Fairchild holds 244,426 shares
The agreement provides for 198,198 additional shares in each of the first two 12-month periods, subject to financial and integration or customer-retention targets.
Sentiment and the balance of points
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Rhea-AI Filing Summary
On November 9, 2026, Marchex Inc. President Travis Fairchild reported direct holdings of 244,426 Class B common shares, options covering 60,000 shares at $4.27 expiring March 7, 2029, and convertible debt plus accrued interest convertible into 558,809 Class B shares at $1.80. The debt carries 6% interest; its $990,991 principal is payable in three equal tranches on the 12-, 18- and 24-month anniversaries of July 1, 2026, and $14,865 in accrued interest had accumulated.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Employee Stock Option (right to buy) | -- | -- | -- |
| Holding | 6.0% Convertible Debt (due 2028) & Accrued Interest F1 | -- | -- | -- |
| Holding | Class B Common Stock | -- | -- | -- |
Footnotes (1)
- F1. On July 1, 2026 (the "Closing Date"), Marchex, Inc. acquired 100% of the capital stock of Archenia, Inc. pursuant to a stock purchase agreement ("SPA") where Fairchild acquired $990,991 in convertible debt from the issuer. The notes bear interest at 6%, are payable in three equal tranches on the 12-, 18-, and 24-month anniversaries, and are convertible in whole or in part into shares of the issuer's Class B common stock at $1.80 per share. There has been $14,865 in accrued interest to Fairchild thus far. The SPA also provides Fairchild will receive 198,198 additional shares for each of the first and second 12-month periods following Closing Date, to the extent (1) Archenia's revenue or Adjusted EBITDA exceed such amounts for the 12-month period prior to the Closing Date, and (2) Archenia achieves certain specified integration or customer retention targets. The right to receive the additional shares pursuant to this earn-out right became fixed and irrevocable on the Closing Date.
Key Figures
Key Terms
convertible debt financial
Adjusted EBITDA financial
earn-out right financial
accrued interest financial
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