Business Context and Reporting Period
This Form 8-K filing by Mediaco Holding Inc. (MDIA) reports significant executive leadership changes effective July 17, 2026, and July 20, 2026. The company is incorporated in Indiana and trades on the Nasdaq Capital Market.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. It focuses exclusively on personnel appointments and compensation arrangements.
Material Changes
- Appointment of President: Brian Fisher was appointed President, effective July 20, 2026. He vacated his role as Chief Revenue Officer. Albert Rodriguez remains Chief Executive Officer.
- Departure of CFO: Debra DeFelice ceased serving as Chief Financial Officer, Treasurer, and Executive Vice President effective July 17, 2026.
- Appointment of Interim CFO: Roberto Castro was appointed Interim CFO and Interim Treasurer on July 20, 2026. He previously served as Senior Vice President and Corporate Controller since April 2026.
Management Commentary, Risks, and Unusual Items
Compensation for Brian Fisher (President):
- Base Salary: $450,000 annually, increasing to $510,000 on December 1, 2026, and $600,000 on December 1, 2027.
- Bonus: Discretionary cash bonus up to 60% of base salary, potentially increasing to 115% based on performance metrics.
- Equity: Award of Restricted Stock Units (RSUs) valued at $972,260 and Performance Stock Units (PSUs) valued at $972,261. Both are subject to three-year vesting schedules.
- Severance: Six months of base salary upon termination without cause, for good reason, or due to disability, subject to a release of claims.
- Covenants: Six-month non-compete, one-year non-solicitation, and perpetual non-disparagement.
Background: Mr. Fisher previously held senior roles at Disney, Tribune Media, and Bloomberg Media. Mr. Castro brings nearly 24 years of experience from Spanish Broadcasting System (SBS) and DIRECTV Latin America.
Investor Verification Checklist
- Verify the status of shareholder approval required to amend the Equity Compensation Plan for the issuance of Mr. Fisher's stock awards.
- Confirm the timeline for the search for a permanent Chief Financial Officer to replace the interim appointee.
- Review the specific performance metrics tied to Mr. Fisher's potential 115% bonus and PSU vesting.
- Check for any subsequent filings regarding the transition of duties from the departing CFO.