Marchex CFO exercises 7,500 restricted stock units
Marchex Inc Chief Financial Officer Brian Nagle exercised 7,500 restricted stock units into 7,500 shares of Class B Common Stock.
Rhea-AI Filing Summary
Marchex Inc Chief Financial Officer Brian Nagle exercised 7,500 restricted stock units into 7,500 shares of Class B Common Stock. The Form 4 shows a derivative exercise (code M) on March 20, 2026 at a stated price of $0.00 per unit.
According to the footnote, these restricted stock units were granted effective March 20, 2025 and vested in full on the first anniversary of the grant date. After the settlement, Nagle directly holds 7,500 shares of Class B Common Stock and no remaining units from this award. The filing reports no share sales or tax-withholding dispositions, indicating a routine compensation-related vesting and share issuance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,500 | $0.00 | $0.00 |
| Exercise | Class B Common Stock | 7,500 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted stock units award effective March 20, 2025 (the "Grant Date"). Each restricted stock unit represents the right to receive one share of the Corporation's Class B Common Stock upon vesting, which occurs in full on the first anniversary of the Grant Date.
FAQ
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What did Marchex (MCHX) CFO Brian Nagle report in this Form 4?
What were the terms of the Marchex CFO’s restricted stock unit award?
Does this Marchex Form 4 indicate any remaining derivative awards for the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.