Executive bonuses at Marchex (NASDAQ: MCHX) for fiscal 2025

Rhea-AI Filing Summary

Marchex, Inc. approved annual cash bonuses for its senior executives for fiscal year 2025. The Compensation Committee granted a $200,000 bonus to President and Chief Revenue Officer Troy Hartless, $150,000 to Chief Operating Officer, Chief Legal Officer, and Corporate Secretary Francis Feeney, and $40,000 to Chief Financial Officer Brian Nagle.

8-K Event Classification

2 items: 1.01, 5.02

2 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

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.

Understanding 8-K Material Events →

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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): January 29, 2026

Marchex, Inc.

(Exact name of Registrant as Specified in its Charter)

Delaware	000-50658	35-2194038
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

1200 5th Ave, Suite 1300, Seattle, Washington		98101
(Address of principal executive offices)		(Zip Code)

Registrant’s Telephone Number, Including Area Code: (206) 331-3300

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 (see General Instruction A.2. below):

☐	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 B Common Stock		MCHX		The Nasdaq Global Select 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 ☐

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 1.01 Entry into a Material Definitive Agreement.

The information set forth under Item 5.02 of this Current Report on Form 8-K is incorporated herein by reference.

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

On January 29, 2026, the Compensation Committee of the Board of Directors of Marchex, Inc., pursuant to its review of compensation matters for executive officers, approved annual cash bonuses for fiscal year 2025 of $200,000 to Troy Hartless, Marchex’s President and Chief Revenue Officer; $150,000 to Francis Feeney, Marchex’s Chief Operating Officer, Chief Legal Officer, and Corporate Secretary; and $40,000 to Brian Nagle, Marchex’s Chief Financial Officer.

Pursuant to the requirements of the Securities Exchange Act of 1934, Marchex has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.

	MARCHEX, INC.
Date: January 30, 2026	By:	/s/ FRANCIS J. FEENEY
	Name:	Francis J. Feeney
	Title:	Corporate Secretary

FAQ

What executive bonuses did Marchex (MCHX) approve for fiscal year 2025?

Marchex approved 2025 cash bonuses for three executives: $200,000 for President and Chief Revenue Officer Troy Hartless, $150,000 for COO and Chief Legal Officer Francis Feeney, and $40,000 for Chief Financial Officer Brian Nagle, following a review by the Compensation Committee.

Which Marchex executives are receiving 2025 cash bonuses and in what roles?

Bonuses were approved for three Marchex leaders: Troy Hartless, President and Chief Revenue Officer; Francis Feeney, Chief Operating Officer, Chief Legal Officer, and Corporate Secretary; and Brian Nagle, Chief Financial Officer. Each received a distinct cash bonus tied to fiscal year 2025.

Who authorized the 2025 executive bonuses at Marchex (MCHX)?

The Compensation Committee of the Board of Directors authorized the 2025 executive cash bonuses. This decision followed its review of compensation matters for Marchex’s executive officers, resulting in specific bonus amounts for the President and Chief Revenue Officer, COO/Chief Legal Officer, and Chief Financial Officer.

How much is Marchex paying its President and Chief Revenue Officer as a 2025 bonus?

Marchex approved a $200,000 annual cash bonus for Troy Hartless, its President and Chief Revenue Officer, for fiscal year 2025. This amount was set by the Board’s Compensation Committee as part of its broader review of executive officer compensation for the period.

What 2025 bonus did Marchex (MCHX) grant to its Chief Financial Officer?

Marchex granted a $40,000 annual cash bonus for fiscal year 2025 to Brian Nagle, the company’s Chief Financial Officer. This bonus was one of three executive bonuses approved by the Compensation Committee after reviewing overall executive compensation arrangements.

What cash bonus did Marchex’s COO and Chief Legal Officer receive for 2025?

Marchex’s COO, Chief Legal Officer, and Corporate Secretary, Francis Feeney, received an approved annual cash bonus of $150,000 for fiscal year 2025. This forms part of the company’s executive compensation decisions made by the Compensation Committee for that fiscal year.