Marchex (MCHX) director receives 50,000 stock options expiring in 2035
Rhea-AI Filing Summary
Marchex Inc director reports new stock option grant. A board member of Marchex Inc (MCHX) filed details of an equity award dated December 16, 2025. The filing shows an employee stock option to buy 50,000 shares of Class B common stock at an exercise price of $1.64 per share, expiring on December 16, 2035.
According to the disclosure, 50% of the options vest on December 16, 2026 and the remaining 50% vest on December 16, 2027, assuming the director continues serving on the board through those dates. All of the options vest in full upon a Change of Control as defined in the director’s option agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
COGSVILLE DONALD
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 50,000 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Option (right to buy) — 50,000 shares (Direct)
Footnotes (1)
- F1. Option grant effective on the Grant Date with 50% of such options vesting on December 16, 2026 and December 16, 2027, respectively, assuming continued service on the Board for such period and with vesting in full of all such options upon a Change of Control (as defined in such reporting person's option agreement).
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Marchex Inc (MCHX) disclose in this filing?
The filing reports that a Marchex Inc director received an employee stock option grant to purchase 50,000 shares of Class B common stock.
What is the exercise price and term of the new Marchex (MCHX) stock options?
The director’s stock options have an exercise price of $1.64 per share and an expiration date of December 16, 2035.
How do the Marchex (MCHX) director stock options vest?
The filing states that 50% of the options vest on December 16, 2026 and the remaining 50% vest on December 16, 2027, assuming continued board service.
Is there accelerated vesting for the Marchex (MCHX) director’s options?
Yes. The disclosure notes that all of the options vest in full upon a Change of Control, as defined in the director’s option agreement.
What role does the reporting person have at Marchex Inc (MCHX)?
The reporting person is identified as a Director of Marchex Inc in the filing.
How many derivative securities does the Marchex (MCHX) director beneficially own after this transaction?
After the reported transaction, the filing shows the director beneficially owns 50,000 stock options, held directly.