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[SCHEDULE 13D/A] CASI Pharmaceuticals, Inc. SEC Filing

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SCHEDULE 13D/A
Rhea-AI Filing Summary

On June 30, 2025, MediaAlpha, Inc. (NYSE: MAX) filed a Form 8-K announcing technology-leadership changes and related compensation matters.

Item 5.02 � Executive transition. Chief Technology Officer Eugene Nonko resigned effective June 30, 2025, and simultaneously entered into a Fifth Amendment to his employment agreement to remain as Chief Architect, a non-executive individual-contributor role.

  • Base salary: unchanged at $550,000 for 2025.
  • Cash incentive bonus: 100 % of salary for 1H25 and 70 % for 2H25, delivering a blended 85 % target, or $467,500, subject to the same corporate metrics used for other senior executives.
  • Equity awards: (1) Previously granted RSUs with a $2.75 million grant-date value (50 % of his $5.5 million CTO target opportunity); (2) an additional RSU award valued at $750,000 will be granted 15 July 2025, calculated by dividing $750,000 by the 20-day average share price. All RSUs vest in 16 equal quarterly instalments beginning 15 Aug 2025, contingent upon continued service.

The amendment is filed as Exhibit 10.1.

Item 7.01 � Regulation FD. The company furnished a press release (Exhibit 99.1) announcing the appointment of Amy Yeh as the new Chief Technology Officer. The information under Item 7.01 is considered “furnished,� not “filed,� under the Exchange Act.

Il 30 giugno 2025, MediaAlpha, Inc. (NYSE: MAX) ha presentato un Modulo 8-K annunciando cambiamenti nella leadership tecnologica e questioni correlate alla retribuzione.

Voce 5.02 � Transizione esecutiva. Il Chief Technology Officer Eugene Nonko si è dimesso con effetto dal 30 giugno 2025, entrando contestualmente in un Quinto Emendamento al suo contratto di lavoro per rimanere Chief Architect, un ruolo individuale non esecutivo.

  • Salario base: invariato a 550.000 $ per il 2025.
  • Bonus in contanti: 100% del salario per il primo semestre 2025 e 70% per il secondo semestre 2025, con un obiettivo medio dell'85%, pari a 467.500 $, soggetto agli stessi parametri aziendali applicati agli altri dirigenti senior.
  • Assegnazioni azionarie: (1) RSU precedentemente concesse con un valore alla data di assegnazione di 2,75 milioni di $ (50% del suo obiettivo CTO di 5,5 milioni $); (2) un'ulteriore assegnazione di RSU del valore di 750.000 $ sarà concessa il 15 luglio 2025, calcolata dividendo 750.000 $ per il prezzo medio delle azioni degli ultimi 20 giorni. Tutte le RSU maturano in 16 rate trimestrali uguali a partire dal 15 agosto 2025, subordinatamente alla continuazione del servizio.

L'emendamento è depositato come Allegato 10.1.

Voce 7.01 � Regolamento FD. La società ha fornito un comunicato stampa (Allegato 99.1) annunciando la nomina di Amy Yeh come nuovo Chief Technology Officer. Le informazioni sotto la voce 7.01 sono considerate “fornite� e non “depositate� ai sensi dell’Exchange Act.

El 30 de junio de 2025, MediaAlpha, Inc. (NYSE: MAX) presentó un Formulario 8-K anunciando cambios en el liderazgo tecnológico y asuntos relacionados con la compensación.

Artículo 5.02 � Transición ejecutiva. El Director de Tecnología Eugene Nonko renunció con efecto el 30 de junio de 2025 y simultáneamente firmó una Quinta Enmienda a su contrato laboral para permanecer como Chief Architect, un rol individual no ejecutivo.

  • Salario base: sin cambios en 550,000 $ para 2025.
  • Bono en efectivo: 100 % del salario para el primer semestre de 2025 y 70 % para el segundo semestre, resultando en un objetivo combinado del 85 %, o 467,500 $, sujeto a los mismos indicadores corporativos usados para otros altos ejecutivos.
  • Premios en acciones: (1) RSU otorgadas previamente con un valor en la fecha de concesión de 2.75 millones de $ (50 % de su objetivo CTO de 5.5 millones $); (2) un premio adicional de RSU valorado en 750,000 $ será otorgado el 15 de julio de 2025, calculado dividiendo 750,000 $ por el precio promedio de la acción en 20 días. Todas las RSU se consolidan en 16 cuotas trimestrales iguales a partir del 15 de agosto de 2025, condicionado a la continuidad del servicio.

La enmienda se presenta como Anexo 10.1.

Artículo 7.01 � Regulación FD. La compañía proporcionó un comunicado de prensa (Anexo 99.1) anunciando el nombramiento de Amy Yeh como nueva Directora de Tecnología. La información bajo el Artículo 7.01 se considera “proporcionada� y no “presentada� según la Exchange Act.

2025ë…� 6ì›� 30ì�, MediaAlpha, Inc. (NYSE: MAX)ëŠ� 기술 리ë”ì‹� ë³€ê²� ë°� ê´€ë � ë³´ìƒ ì‚¬í•­ì� 발표하는 Form 8-Kë¥� 제출했습니다.

항목 5.02 â€� ìž„ì› ì „í™˜. 최고기술책임ìž�(°ä°Õ°¿) Eugene NonkoëŠ� 2025ë…� 6ì›� 30ì¼ë¶€ë¡� 사임했으ë©�, ë™ì‹œì—� 비임ì›� ê°œì¸ ê¸°ì—¬ìž� ì—­í• ì� Chief Architectë¡� 남기 위해 ê³ ìš© ê³„ì•½ì„œì— ëŒ€í•� 다섯 번째 ìˆ˜ì •ì•ˆì„ ì²´ê²°í–ˆìŠµë‹ˆë‹¤.

  • 기본 급여: 2025ë…„ì—ë� 550,000달러ë¡� ë³€ë� ì—†ìŒ.
  • 현금 ì¸ì„¼í‹°ë¸Œ 보너ìŠ�: 2025ë…� ìƒë°˜ê¸� 급여ì� 100%, 하반ê¸� 70%ë¡� í‰ê·  85% 목표, ì¦� 467,500달러ì´ë©°, 다른 고위 ìž„ì›ë“¤ê³¼ ë™ì¼í•� 기업 ì§€í‘œì— ë”°ë¼ ì§€ê¸‰ë©ë‹ˆë‹¤.
  • ì£¼ì‹ ë³´ìƒ: (1) 275ë§� 달러ì� ë¶€ì—¬ì¼ ê°€ì¹˜ê°€ 있는 기존 RSU(CTO 목표 기회 550ë§� 달러ì� 50%); (2) 2025ë…� 7ì›� 15ì¼ì— 75ë§� 달러 ìƒë‹¹ì� 추가 RSUê°€ 부여ë˜ë©�, 75ë§� 달러ë¥� 20ì� í‰ê·  주가ë¡� 나누ì–� ì‚°ì •ë©ë‹ˆë‹�. 모든 RSUëŠ� 2025ë…� 8ì›� 15ì¼ë¶€í„� 16분기 ë™ì•ˆ 균등 분할하여 베스팅ë˜ë©�, ê³„ì† ê·¼ë¬´ ì¡°ê±´ì� 있습니다.

ìˆ˜ì •ì•ˆì€ ë¶€ì†ì„œ 10.1ë¡� 제출ë˜ì—ˆìŠµë‹ˆë‹�.

항목 7.01 â€� 규제 FD. ÐëŒì‚¬µç� Amy Yehë¥� 새로ìš� 최고기술책임ìžë¡œ 임명하는 ë³´ë„ìžë£Œ(ë¶€ì†ì„œ 99.1)ë¥� 제공했습니다. 항목 7.01ì� ì •ë³´ëŠ� Exchange Actì—� ë”°ë¼ â€œì œì¶œâ€ì´ 아닌 “제공â€ëœ 것으ë¡� 간주ë©ë‹ˆë‹�.

Le 30 juin 2025, MediaAlpha, Inc. (NYSE : MAX) a déposé un formulaire 8-K annonçant des changements dans la direction technologique ainsi que des questions de rémunération associées.

Article 5.02 � Transition des cadres. Le Directeur Technique (CTO) Eugene Nonko a démissionné avec effet au 30 juin 2025 et a simultanément conclu un cinquième avenant à son contrat de travail pour rester Chief Architect, un rôle individuel non exécutif.

  • Salaire de base : inchangé à 550 000 $ pour 2025.
  • Bonus incitatif en espèces : 100 % du salaire pour le premier semestre 2025 et 70 % pour le second semestre, soit une cible moyenne de 85 %, soit 467 500 $, soumis aux mêmes indicateurs d'entreprise que pour les autres cadres supérieurs.
  • Attributions d’actions : (1) RSU précédemment attribuées d’une valeur à la date d’octroi de 2,75 millions de dollars (50 % de sa cible CTO de 5,5 millions de dollars) ; (2) une attribution supplémentaire de RSU d’une valeur de 750 000 $ sera accordée le 15 juillet 2025, calculée en divisant 750 000 $ par le cours moyen sur 20 jours. Toutes les RSU seront acquises en 16 versements trimestriels égaux à partir du 15 août 2025, sous réserve de la poursuite du service.

L’avenant est déposé en tant qu’Exhibit 10.1.

Article 7.01 � Réglementation FD. La société a fourni un communiqué de presse (Exhibit 99.1) annonçant la nomination de Amy Yeh en tant que nouvelle Directrice Technique. Les informations sous l’article 7.01 sont considérées comme « fournies » et non « déposées » au titre de la Exchange Act.

Am 30. Juni 2025 reichte MediaAlpha, Inc. (NYSE: MAX) ein Formular 8-K ein, in dem Änderungen in der Technologieführung und damit verbundene Vergütungsangelegenheiten bekannt gegeben wurden.

Punkt 5.02 � Führungskräftewechsel. Chief Technology Officer Eugene Nonko trat zum 30. Juni 2025 zurück und schloss gleichzeitig eine fünfte Änderung seines Arbeitsvertrags ab, um als Chief Architect, eine nicht-exekutive Einzelbeiträgerrolle, zu verbleiben.

  • Grundgehalt: unverändert bei 550.000 $ für 2025.
  • Barkostenanreizbonus: 100 % des Gehalts für das erste Halbjahr 2025 und 70 % für das zweite Halbjahr 2025, was ein gemischtes Ziel von 85 % bzw. 467.500 $ ergibt, vorbehaltlich derselben Unternehmenskennzahlen wie bei anderen leitenden Angestellten.
  • Aktienzuteilungen: (1) Bereits gewährte RSUs mit einem Grant-Wert von 2,75 Millionen $ (50 % seiner CTO-Zielvergütung von 5,5 Millionen $); (2) eine zusätzliche RSU-Zuteilung im Wert von 750.000 $ wird am 15. Juli 2025 gewährt, berechnet durch Division von 750.000 $ durch den 20-Tage-Durchschnittskurs. Alle RSUs werden in 16 gleichen vierteljährlichen Raten ab dem 15. August 2025 vesten, vorbehaltlich fortgesetzter Dienstzeit.

Die Änderung ist als Anlage 10.1 eingereicht.

Punkt 7.01 � Regulation FD. Das Unternehmen stellte eine Pressemitteilung (Anlage 99.1) zur Verfügung, in der die Ernennung von Amy Yeh als neue Chief Technology Officer bekannt gegeben wurde. Die Informationen unter Punkt 7.01 gelten gemäß Exchange Act als „bereitgestellt�, nicht „eingereicht�.

Positive
  • Retention of expertise: Eugene Nonko remains as Chief Architect, preserving institutional knowledge despite stepping down as CTO.
  • Performance-linked compensation: Majority of incremental pay is in RSUs and bonus tied to company metrics, aligning incentives with shareholder value.
  • Clear succession: Appointment of Amy Yeh as new CTO provides leadership continuity and may strengthen the technology function.
Negative
  • Leadership transition risk: Change in CTO position could disrupt ongoing technology projects and strategy execution.
  • Equity dilution: Additional $750k RSU grant adds to share count, albeit modestly, and vests over four years.
  • Ongoing high cash cost: $550k base salary and up to $467.5k cash bonus maintain a sizable fixed expense for a non-executive role.

Insights

TL;DR: Leadership hand-off appears orderly; Nonko retained, new CTO named; compensation largely stock-based; minimal immediate financial impact.

The 8-K outlines an internal succession: Eugene Nonko steps down as CTO yet stays on as Chief Architect. Retaining him preserves product architecture knowledge while transferring executive oversight to Amy Yeh (details in Exhibit 99.1). His cash cost remains flat at $550k, and bonus opportunity aligns with peers, limiting incremental expense. The additional $750k RSU grant is small relative to MediaAlpha’s equity base and vests over four years, reducing near-term dilution. Because no operational guidance changed, I view the disclosure as neutral for valuation but reassuring regarding continuity.

TL;DR: Smooth succession and performance-linked pay align with shareholder interests; modest dilution risk; execution continuity still needs monitoring.

From a governance lens, MediaAlpha followed best practice by promptly disclosing the CTO transition, filing the exact amendment, and structuring Mr. Nonko’s pay with a high equity component that vests quarterly, encouraging retention and performance. Appointing Amy Yeh signals board attention to leadership depth. Potential concerns include concentration of technical knowledge and incremental equity issuance, but those risks are bounded by the limited $750k award size. Overall impact on shareholders is neutral to slightly positive.

Il 30 giugno 2025, MediaAlpha, Inc. (NYSE: MAX) ha presentato un Modulo 8-K annunciando cambiamenti nella leadership tecnologica e questioni correlate alla retribuzione.

Voce 5.02 � Transizione esecutiva. Il Chief Technology Officer Eugene Nonko si è dimesso con effetto dal 30 giugno 2025, entrando contestualmente in un Quinto Emendamento al suo contratto di lavoro per rimanere Chief Architect, un ruolo individuale non esecutivo.

  • Salario base: invariato a 550.000 $ per il 2025.
  • Bonus in contanti: 100% del salario per il primo semestre 2025 e 70% per il secondo semestre 2025, con un obiettivo medio dell'85%, pari a 467.500 $, soggetto agli stessi parametri aziendali applicati agli altri dirigenti senior.
  • Assegnazioni azionarie: (1) RSU precedentemente concesse con un valore alla data di assegnazione di 2,75 milioni di $ (50% del suo obiettivo CTO di 5,5 milioni $); (2) un'ulteriore assegnazione di RSU del valore di 750.000 $ sarà concessa il 15 luglio 2025, calcolata dividendo 750.000 $ per il prezzo medio delle azioni degli ultimi 20 giorni. Tutte le RSU maturano in 16 rate trimestrali uguali a partire dal 15 agosto 2025, subordinatamente alla continuazione del servizio.

L'emendamento è depositato come Allegato 10.1.

Voce 7.01 � Regolamento FD. La società ha fornito un comunicato stampa (Allegato 99.1) annunciando la nomina di Amy Yeh come nuovo Chief Technology Officer. Le informazioni sotto la voce 7.01 sono considerate “fornite� e non “depositate� ai sensi dell’Exchange Act.

El 30 de junio de 2025, MediaAlpha, Inc. (NYSE: MAX) presentó un Formulario 8-K anunciando cambios en el liderazgo tecnológico y asuntos relacionados con la compensación.

Artículo 5.02 � Transición ejecutiva. El Director de Tecnología Eugene Nonko renunció con efecto el 30 de junio de 2025 y simultáneamente firmó una Quinta Enmienda a su contrato laboral para permanecer como Chief Architect, un rol individual no ejecutivo.

  • Salario base: sin cambios en 550,000 $ para 2025.
  • Bono en efectivo: 100 % del salario para el primer semestre de 2025 y 70 % para el segundo semestre, resultando en un objetivo combinado del 85 %, o 467,500 $, sujeto a los mismos indicadores corporativos usados para otros altos ejecutivos.
  • Premios en acciones: (1) RSU otorgadas previamente con un valor en la fecha de concesión de 2.75 millones de $ (50 % de su objetivo CTO de 5.5 millones $); (2) un premio adicional de RSU valorado en 750,000 $ será otorgado el 15 de julio de 2025, calculado dividiendo 750,000 $ por el precio promedio de la acción en 20 días. Todas las RSU se consolidan en 16 cuotas trimestrales iguales a partir del 15 de agosto de 2025, condicionado a la continuidad del servicio.

La enmienda se presenta como Anexo 10.1.

Artículo 7.01 � Regulación FD. La compañía proporcionó un comunicado de prensa (Anexo 99.1) anunciando el nombramiento de Amy Yeh como nueva Directora de Tecnología. La información bajo el Artículo 7.01 se considera “proporcionada� y no “presentada� según la Exchange Act.

2025ë…� 6ì›� 30ì�, MediaAlpha, Inc. (NYSE: MAX)ëŠ� 기술 리ë”ì‹� ë³€ê²� ë°� ê´€ë � ë³´ìƒ ì‚¬í•­ì� 발표하는 Form 8-Kë¥� 제출했습니다.

항목 5.02 â€� ìž„ì› ì „í™˜. 최고기술책임ìž�(°ä°Õ°¿) Eugene NonkoëŠ� 2025ë…� 6ì›� 30ì¼ë¶€ë¡� 사임했으ë©�, ë™ì‹œì—� 비임ì›� ê°œì¸ ê¸°ì—¬ìž� ì—­í• ì� Chief Architectë¡� 남기 위해 ê³ ìš© ê³„ì•½ì„œì— ëŒ€í•� 다섯 번째 ìˆ˜ì •ì•ˆì„ ì²´ê²°í–ˆìŠµë‹ˆë‹¤.

  • 기본 급여: 2025ë…„ì—ë� 550,000달러ë¡� ë³€ë� ì—†ìŒ.
  • 현금 ì¸ì„¼í‹°ë¸Œ 보너ìŠ�: 2025ë…� ìƒë°˜ê¸� 급여ì� 100%, 하반ê¸� 70%ë¡� í‰ê·  85% 목표, ì¦� 467,500달러ì´ë©°, 다른 고위 ìž„ì›ë“¤ê³¼ ë™ì¼í•� 기업 ì§€í‘œì— ë”°ë¼ ì§€ê¸‰ë©ë‹ˆë‹¤.
  • ì£¼ì‹ ë³´ìƒ: (1) 275ë§� 달러ì� ë¶€ì—¬ì¼ ê°€ì¹˜ê°€ 있는 기존 RSU(CTO 목표 기회 550ë§� 달러ì� 50%); (2) 2025ë…� 7ì›� 15ì¼ì— 75ë§� 달러 ìƒë‹¹ì� 추가 RSUê°€ 부여ë˜ë©�, 75ë§� 달러ë¥� 20ì� í‰ê·  주가ë¡� 나누ì–� ì‚°ì •ë©ë‹ˆë‹�. 모든 RSUëŠ� 2025ë…� 8ì›� 15ì¼ë¶€í„� 16분기 ë™ì•ˆ 균등 분할하여 베스팅ë˜ë©�, ê³„ì† ê·¼ë¬´ ì¡°ê±´ì� 있습니다.

ìˆ˜ì •ì•ˆì€ ë¶€ì†ì„œ 10.1ë¡� 제출ë˜ì—ˆìŠµë‹ˆë‹�.

항목 7.01 â€� 규제 FD. ÐëŒì‚¬µç� Amy Yehë¥� 새로ìš� 최고기술책임ìžë¡œ 임명하는 ë³´ë„ìžë£Œ(ë¶€ì†ì„œ 99.1)ë¥� 제공했습니다. 항목 7.01ì� ì •ë³´ëŠ� Exchange Actì—� ë”°ë¼ â€œì œì¶œâ€ì´ 아닌 “제공â€ëœ 것으ë¡� 간주ë©ë‹ˆë‹�.

Le 30 juin 2025, MediaAlpha, Inc. (NYSE : MAX) a déposé un formulaire 8-K annonçant des changements dans la direction technologique ainsi que des questions de rémunération associées.

Article 5.02 � Transition des cadres. Le Directeur Technique (CTO) Eugene Nonko a démissionné avec effet au 30 juin 2025 et a simultanément conclu un cinquième avenant à son contrat de travail pour rester Chief Architect, un rôle individuel non exécutif.

  • Salaire de base : inchangé à 550 000 $ pour 2025.
  • Bonus incitatif en espèces : 100 % du salaire pour le premier semestre 2025 et 70 % pour le second semestre, soit une cible moyenne de 85 %, soit 467 500 $, soumis aux mêmes indicateurs d'entreprise que pour les autres cadres supérieurs.
  • Attributions d’actions : (1) RSU précédemment attribuées d’une valeur à la date d’octroi de 2,75 millions de dollars (50 % de sa cible CTO de 5,5 millions de dollars) ; (2) une attribution supplémentaire de RSU d’une valeur de 750 000 $ sera accordée le 15 juillet 2025, calculée en divisant 750 000 $ par le cours moyen sur 20 jours. Toutes les RSU seront acquises en 16 versements trimestriels égaux à partir du 15 août 2025, sous réserve de la poursuite du service.

L’avenant est déposé en tant qu’Exhibit 10.1.

Article 7.01 � Réglementation FD. La société a fourni un communiqué de presse (Exhibit 99.1) annonçant la nomination de Amy Yeh en tant que nouvelle Directrice Technique. Les informations sous l’article 7.01 sont considérées comme « fournies » et non « déposées » au titre de la Exchange Act.

Am 30. Juni 2025 reichte MediaAlpha, Inc. (NYSE: MAX) ein Formular 8-K ein, in dem Änderungen in der Technologieführung und damit verbundene Vergütungsangelegenheiten bekannt gegeben wurden.

Punkt 5.02 � Führungskräftewechsel. Chief Technology Officer Eugene Nonko trat zum 30. Juni 2025 zurück und schloss gleichzeitig eine fünfte Änderung seines Arbeitsvertrags ab, um als Chief Architect, eine nicht-exekutive Einzelbeiträgerrolle, zu verbleiben.

  • Grundgehalt: unverändert bei 550.000 $ für 2025.
  • Barkostenanreizbonus: 100 % des Gehalts für das erste Halbjahr 2025 und 70 % für das zweite Halbjahr 2025, was ein gemischtes Ziel von 85 % bzw. 467.500 $ ergibt, vorbehaltlich derselben Unternehmenskennzahlen wie bei anderen leitenden Angestellten.
  • Aktienzuteilungen: (1) Bereits gewährte RSUs mit einem Grant-Wert von 2,75 Millionen $ (50 % seiner CTO-Zielvergütung von 5,5 Millionen $); (2) eine zusätzliche RSU-Zuteilung im Wert von 750.000 $ wird am 15. Juli 2025 gewährt, berechnet durch Division von 750.000 $ durch den 20-Tage-Durchschnittskurs. Alle RSUs werden in 16 gleichen vierteljährlichen Raten ab dem 15. August 2025 vesten, vorbehaltlich fortgesetzter Dienstzeit.

Die Änderung ist als Anlage 10.1 eingereicht.

Punkt 7.01 � Regulation FD. Das Unternehmen stellte eine Pressemitteilung (Anlage 99.1) zur Verfügung, in der die Ernennung von Amy Yeh als neue Chief Technology Officer bekannt gegeben wurde. Die Informationen unter Punkt 7.01 gelten gemäß Exchange Act als „bereitgestellt�, nicht „eingereicht�.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
Row 7 and 9: Includes 220,000 shares issuable upon the exercise of options. Row 8 and 10: Includes the 407,644 shares reported by Huiying Memorial Foundation, a 501(c)(3) private family foundation. Although the Board of Trustees of Huiying Memorial Foundation consists of the three members, including the Reporting Person and a family member of the Reporting Person, and the Reporting Person is an officer of the Huiying Memorial Foundation, the Reporting Person does not participate in the investment decisions of the Foundation with respect to the Issuer's shares. Reporting Person disclaims beneficial ownership of Huiying Memorial Foundation's shares of Issuer. The inclusion of the 407,644 shares is not an admission that the Reporting Person is the beneficial owner of such shares for any purpose.


SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


WEI-WU HE, Ph.D.
Signature:/s/ Wei-Wu He, Ph.D.
Name/Title:Wei-Wu He, Ph.D.
Date:06/20/2025
HUIYING MEMORIAL FOUNDATION
Signature:/s/ Wei-Wu He, Ph.D.
Name/Title:Wei-Wu He, Ph.D./President
Date:06/20/2025
EMERGING TECHNOLOGY PARTNERS, LLC
Signature:/s/ Wei-Wu He, Ph.D.
Name/Title:Wei-Wu He, Ph.D./ Managing Member
Date:06/20/2025
ETP Global Fund L.P.
Signature:EMERGING TECHNOLOGY PARTNERS, LLC
Name/Title:General Partner
Date:06/20/2025
Signature:/s/ Wei-Wu He, Ph.D.
Name/Title:Wei-Wu He, Ph.D./ Managing Member
Date:06/20/2025
ETP BIOHEALTH III FUND , L.P.
Signature:EMERGING TECHNOLOGY PARTNERS, LLC
Name/Title:General Partner
Date:06/20/2025
Signature:/s/ Wei-Wu He, Ph.D.
Name/Title:Wei-Wu He, Ph.D./ Managing Member
Date:06/20/2025
HE Family GRAT
Signature:/s/ Wei-Wu He, Ph.D.
Name/Title:Wei-Wu He, Ph.D./Trustee
Date:06/20/2025

FAQ

Why did MediaAlpha (MAX) file this Form 8-K?

To disclose the resignation of CTO Eugene Nonko, his new Chief Architect role, related compensation changes, and the appointment of Amy Yeh as CTO.

What is Eugene Nonko’s 2025 compensation after becoming Chief Architect?

Base salary: $550,000. Target bonus: 85 % of salary ($467,500). RSUs: $2.75 M previously plus $750k new grant vesting quarterly.

How will the new $750,000 RSU award be calculated?

The number of RSUs equals $750,000 divided by the average closing price of MAX shares over the 20 trading days ending the Friday before 15 Jul 2025.

When do the RSUs granted to Eugene Nonko vest?

All RSUs, including the new $750k grant, vest in 16 equal quarterly instalments starting 15 Aug 2025, subject to continuous service.

Who is MediaAlpha’s new Chief Technology Officer?

The press release furnished as Exhibit 99.1 announces the appointment of Amy Yeh as Chief Technology Officer effective June 30, 2025.
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23.55M
6.67M
48.39%
23.64%
0.18%
Biotechnology
Biological Products, (no Disgnostic Substances)
China
ROCKVILLE