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MediaCo Holding Inc. (NASDAQ: MDIA) reshapes top leadership team

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

MediaCo Holding Inc. appointed Brian Fisher as President effective July 20, 2026, while Albert Rodriguez continues as Chief Executive Officer. Fisher has held senior revenue and sales roles at the company since 2021 and previously held leadership positions at Disney, Tribune Media, and Bloomberg Media.

Under a January 22, 2026 employment agreement, Fisher’s annual base salary is $450,000, increasing to $510,000 on December 1, 2026 and $600,000 on December 1, 2027. He may receive a discretionary cash bonus of up to 60% of base salary, with potential increases to up to 115% if performance metrics are met, and severance equal to six months of base salary if he resigns for good reason or is terminated without cause or due to disability.

The agreement provides equity compensation valued at $972,260 in restricted stock units and $972,261 in performance stock units, each vesting on a three-year linear schedule and subject to conditions including shareholder approval to increase shares available under the equity plan, plus post-employment non-compete and non-solicitation covenants. Effective July 17, 2026, Debra DeFelice ceased serving as Chief Financial Officer, Treasurer, and Executive Vice President, and on July 20, 2026 the Board appointed Roberto Castro as interim Chief Financial Officer and interim Treasurer.

Positive

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Negative

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Initial base salary $450,000 Annual base salary for Brian Fisher under employment agreement dated January 22, 2026
Base salary increase 2026 $510,000 Brian Fisher’s annual base salary starting December 1, 2026
Base salary increase 2027 $600,000 Brian Fisher’s annual base salary starting December 1, 2027
Discretionary bonus potential 60% of base salary Maximum discretionary cash bonus as a percentage of annual base salary
Maximum bonus with performance 115% of base salary Maximum bonus level if specified performance metrics are met
RSU award value $972,260 Restricted stock units for Brian Fisher, three-year linear time-based vesting
PSU award value $972,261 Performance stock units for Brian Fisher, three-year linear performance-based vesting
Non-compete duration 6 months Post-employment non-competition covenant period for Brian Fisher
restricted stock units financial
"an award of restricted stock units valued at $972,260, subject to a three-year linear"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance stock units financial
"an award of performance stock units valued at $972,261 subject to a three-year linear"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
non-competition covenant financial
"will be subject to a non-competition covenant for six months after his termination"
non-solicitation covenant financial
"a non-solicitation covenant for one year after his termination of employment"
A non-solicitation covenant is a contract clause that stops one party from actively recruiting or doing business with the other party’s employees, customers or suppliers for a set time. Think of it as a temporary “do not lure” rule that protects relationships and team members after a deal or employment change. For investors, it reduces the risk that key staff or clients will be poached, helping protect revenue, integration plans and the value of the investment.
good reason financial
"in the event he terminates his employment for good reason or his employment is"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What executive leadership changes did MediaCo Holding Inc. (MDIA) disclose?

MediaCo Holding Inc. appointed Brian Fisher as President effective July 20, 2026 and named Roberto Castro interim Chief Financial Officer and interim Treasurer. Former President Albert Rodriguez continues as Chief Executive Officer, and Debra DeFelice ceased serving as CFO, Treasurer, and Executive Vice President.

What is Brian Fisher’s compensation package at MediaCo (MDIA)?

Brian Fisher’s annual base salary is $450,000, rising to $510,000 on December 1, 2026 and $600,000 on December 1, 2027. He may earn a discretionary cash bonus of up to 60% of base salary, increasing to up to 115% if performance metrics are met.

What equity awards will Brian Fisher receive under MediaCo’s (MDIA) plan?

Brian Fisher is eligible for $972,260 in restricted stock units and $972,261 in performance stock units, each vesting on a three-year linear schedule. These grants are subject to conditions, including shareholder approval to increase the shares available under MediaCo’s Equity Compensation Plan.

What severance protections does Brian Fisher have at MediaCo (MDIA)?

If Brian Fisher resigns for good reason or is terminated without cause or due to disability, he is entitled to six months of base salary as severance. Payment is conditioned on his executing, delivering, and not revoking a release of claims in favor of the company.

What post-employment restrictive covenants apply to Brian Fisher at MediaCo (MDIA)?

Brian Fisher is subject to a six-month non-competition covenant after termination, a one-year non-solicitation covenant, and a perpetual non-disparagement covenant. These restrictions apply following the end of his employment with MediaCo, as set out in his employment agreement.
FALSE000178425400017842542026-07-172026-07-17

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): July 17, 2026

MediaCo Holding Inc.
(Exact Name of Registrant as Specified in Its Charter)

001-39029
(Commission File Number)
Indiana84-2427771
(State or Other Jurisdiction of Incorporation)(I.R.S. Employer Identification No.)

48 West 25th Street, Third Floor
New York, New York 10010
(Address of principal executive offices, including zip code)

(212) 447-1000
(Registrant’s telephone number, including area code)

NOT APPLICABLE
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class 
Trading
Symbol(s)
 Name of each exchange on which registered
Class A Common Stock, par value $0.01 per shareMDIA
Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.




Item 5.02    Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Principal Officers.

Appointment of President

On July 20, 2026, the Board of Directors (the “Board”) of MediaCo Holding Inc. (the “Company”) appointed Brian Fisher as President of the Company, effective immediately. Albert Rodriguez previously served in the role of President and will continue to serve as Chief Executive Officer.

Mr. Fisher, age 53, has served as Chief Revenue Officer of the Company since August 18, 2025, a role he vacated upon assuming the role of President. Prior to serving as the Company’s Chief Revenue Officer, Mr. Fisher served as the Company’s Senior Vice President of Video Sales from December 2024 until August 2025, the Company’s Senior Vice President of Multimedia Sales from March 2022 until November 2024, and the Company’s Vice President of OTT/CTV Sales from March 2021 until March 2022. Prior to joining the Company, Mr. Fisher held senior leadership roles at Disney, Tribune Media and Bloomberg Media. Mr. Fisher holds a BS in Business Administration from the University of Arizona.

On January 22, 2026, the Company entered into an employment agreement with Mr. Fisher. Pursuant to his employment agreement, Mr. Fisher’s annual base salary is $450,000, with increases to $510,000 on December 1, 2026, and Six Hundred Thousand Dollars ($600,000) on December 1, 2027. The employment agreement provides that Mr. Fisher may be eligible to receive a discretionary cash bonus of up to 60% of his annual base salary, subject to increases of up to 115% if certain performance metrics are met. In addition, Mr. Fisher is entitled to severance equal to six months of base salary in the event he terminates his employment for good reason or his employment is terminated by the Company without cause or due to his disability, subject to Mr. Fisher’s execution, delivery, and non-revocation of a release of claims in favor of the Company. The employment agreement further provides that Mr. Fisher will be subject to a non-competition covenant for six months after his termination of employment, a non-solicitation covenant for one year after his termination of employment, and a perpetual non-disparagement covenant.

In accordance with the terms of Mr. Fisher’s employment agreement, the Compensation Committee of the Company’s Board of Directors (the “Committee”) approved the following equity compensation under the company’s Equity Compensation Plan (the “Plan”), subject to all grant conditions being satisfied, (including shareholder approval of an amendment to increase the number of shares available for issuance under the Plan) (1) an award of restricted stock units valued at $972,260, subject to a three-year linear time-based vesting schedule, and (2) an award of performance stock units valued at $972,261 subject to a three-year linear performance-based vesting schedule.

There are no arrangements or understandings between Mr. Fisher and any other person pursuant to which Mr. Fisher was appointed as President. There are no family relationships between Mr. Fisher and any director or executive officer of the Company subject to disclosure under Item 401(d) of Regulation S-K, and there are no transactions in which Mr. Fisher has an interest requiring disclosure under Item 404(a) of Regulation S-K.

Departure of Chief Financial Officer and Appointment of Interim Chief Financial Officer

Effective on July 17, 2026, Debra DeFelice no longer serves as Chief Financial Officer (“CFO”), Treasurer, and Executive Vice President of the Company. The Board appointed Roberto Castro as interim CFO and interim Treasurer on July 20, 2026.

Mr. Castro, age 56, has served as Senior Vice President and Corporate Controller of the Company since April 20, 2026. Mr. Castro joined the Company following a nearly 24-year career at Spanish Broadcasting System (“SBS”), where he served in various senior finance roles, including Vice President of Finance beginning in 2015. Prior to joining SBS, Mr. Castro spent over six years at DIRECTV Latin America, where he held the roles of Accounting & Consolidation Manager and Senior Auditor. Prior to these roles, he served as an auditor at Coopers & Lybrand, LLP. He holds an MPA in Accounting from the University of Miami Herbert Business School and BBA in Accounting from Loyola University New Orleans.




There are no arrangements or understandings between Mr. Castro and any other person pursuant to which Mr. Castro was appointed as interim CFO and interim Treasurer. There are no family relationships between Mr. Castro and any director or executive officer of the Company subject to disclosure under Item 401(d) of Regulation S-K, and there are no transactions in which Mr. Castro has an interest requiring disclosure under Item 404(a) of Regulation S-K.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits.

EXHIBIT INDEX

ExhibitDescription
104
Cover Page Interactive Data File (formatted as Inline XBRL).








SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
MEDIACO HOLDING INC.
 
Date:July 21, 2026By: /s/ Roberto Castro
  Roberto Castro
Interim Chief Financial Officer and Interim Treasurer

Filing Exhibits & Attachments

3 documents