Marqeta (MQ) CRO reports post-split stock, option and PSU holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marqeta, Inc. Chief Revenue Officer Todd Pollak reported his updated equity holdings following a 1-for-4 reverse stock split effective on June 30, 2026. After the adjustment, he beneficially owns 203,758 shares of Class A Common Stock directly.
Pollak also holds stock options to buy Class A shares, including options over 73,870 shares at $25.52 per share and additional options over 15,174 and 273,963 shares at $26.36 per share, with expirations in 2033. The filing lists several restricted stock unit and performance stock unit awards, each convertible into one share of Class A Common Stock, tied to vesting and performance targets such as gross profit and adjusted EBITDA. The disclosure reflects holdings and award terms after the reverse split, without recording any new share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
13 transactions reported
Mixed
13 txns
Insider
Pollak Todd
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Units (Adjusted EBITDA) | -- | -- | -- |
| holding | Performance Stock Units (Adjusted EBITDA) | -- | -- | -- |
| holding | Performance Stock Units (Gross Profit) | -- | -- | -- |
| holding | Performance Stock Units (Gross Profit) | -- | -- | -- |
| holding | Performance Stock Units (Rule of 40) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units (Adjusted EBITDA) — 16,665 shares (Direct, null);
Performance Stock Units (Gross Profit) — 38,886 shares (Direct, null);
Performance Stock Units (Rule of 40) — 74,331 shares (Direct, null);
Restricted Stock Units — 25,183 shares (Direct, null);
Stock Option (Right to Buy) — 273,963 shares (Direct, null);
Class A Common Stock — 203,758 shares (Direct, null)
Footnotes (1)
- The number of shares beneficially owned reflects the 1-for-4 reverse stock split effected June 30, 2026 (the "Reverse Stock Split"). Cash was paid in lieu of any fractional shares resulting from the Reverse Stock Split. Each performance stock unit ("PSU") is convertible into one share of Class A Common Stock. Represents the number of shares which may be issued at target under the PSU, granted March 15, 2024, over a period of time following achievement of certain EBITDA targets as set forth in the applicable PSU agreement, subject to the Reporting Person's continued service to the Issuer as of each vesting date. The number of shares subject to PSUs reflects the Reverse Stock Split. Represents the number of shares which may be issued at target under the PSU, granted March 15, 2025, over a period of time following achievement of certain EBITDA targets as set forth in the applicable PSU agreement, subject to the Reporting Person's continued service to the Issuer as of each vesting date. Represents the number of shares which may be issued at target under the PSU, granted March 15, 2024, over a period of time following achievement of certain profit targets as set forth in the applicable PSU agreement, subject to the Reporting Person's continued service to the Issuer as of each vesting date. Represents the number of shares which may be issued at target under the PSU, granted March 15, 2025, over a period of time following achievement of certain profit targets as set forth in the applicable PSU agreement, subject to the Reporting Person's continued service to the Issuer as of each vesting date. Represents the number of shares which may be issued at target under the PSU, granted March 16, 2026, over a period of time following achievement of certain gross profit and adjusted EBITDA targets as set forth in the applicable PSU agreement, subject to the Reporting Person's continued service to the Issuer as of each vesting date. At maximum achievement, 200% of the shares would vest. Each restricted stock unit ("RSU") is convertible into one share of Class A Common Stock. This RSU grant, originally granted January 15, 2023 for 201,466 RSUs (post Reverse Stock Split), of which 176,283 RSUs have vested, vested as to one-fourth(1/4th) of the RSUs on December 1, 2023 and one-sixteenth (1/16th) of the remaining RSUs vest quarterly on each March 1, June 1 , September 1 and December 1 thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date. The number of shares subject to RSUs reflects the Reverse Stock Split. This RSU grant, originally granted March 15, 2024 for 96,753 RSUs (post Reverse Stock Split), of which 72,565 RSUs have vested, vested as to one-twelfth (1/12th) of the RSUs on June 1, 2024 and one-twelfth (1/12th) of the remaining RSUs vest quarterly on each September 1, December 1, March 1 and June 1 thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date. This RSU grant, originally granted March 15, 2025 for 105,432 RSUs (post Reverse Stock Split), of which 43,930 RSUs (post Reverse Stock Split) have vested, vested as to one-twelfth (1/12th) of the RSUs on June 1, 2025 and one-twelfth (1/12th) of the remaining restricted stock units vest quarterly on each September 1, December 1, March 1 and June 1 thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date. This RSU grant, originally granted March 16, 2026 for 173,439 RSUs (post Reverse Stock Split), of which 14,453 RSUs (post Reverse Stock Split) have vested, vested as to one-twelfth (1/12th) of the RSUs on June 1, 2026 and one-twelfth (1/12th) of the remaining restricted stock units vest quarterly on each September 1, December 1, March 1 and June 1 thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date. The per share exercise price and number of shares subject to the option reflect the Reverse Stock Split. With regard to this option grant, originally granted January 15, 2023, 237,821 options (post Reverse Stock Split) have vested, and an additional one-forty-eighth (1/48th) of the stock option vests each month until fully vested and exercisable, subject to the Reporting Person's continued service with the Issuer as of each vesting date. All of the shares subject to this option are fully vested and exercisable as of the date hereof.
Key Figures
Class A shares held: 203,758 shares
Option strike price: $25.52/share
Option holdings at $25.52: 73,870 shares
+5 more
8 metrics
Class A shares held
203,758 shares
Direct Class A Common Stock beneficially owned after reverse split on June 30, 2026
Option strike price
$25.52/share
Exercise price for stock option over 73,870 underlying Class A shares, expiring February 14, 2033
Option holdings at $25.52
73,870 shares
Underlying Class A shares subject to stock option with $25.52 exercise price
Option strike price
$26.36/share
Exercise price for stock options over 15,174 and 273,963 underlying shares, expiring January 14, 2033
RSU holdings
158,985 units
Restricted stock units convertible into Class A shares, post reverse split counts
PSU Rule of 40
74,331 units
Performance stock units (Rule of 40) convertible into Class A shares, post reverse split
PSU Gross Profit
38,886 units
Performance stock units (Gross Profit) convertible into Class A shares, post reverse split
PSU Adjusted EBITDA
16,665 units
Performance stock units (Adjusted EBITDA) convertible into Class A shares, post reverse split
Key Terms
Reverse Stock Split, performance stock unit ("PSU"), adjusted EBITDA targets, gross profit and adjusted EBITDA targets, +2 more
6 terms
Reverse Stock Split financial
"The number of shares beneficially owned reflects the 1-for-4 reverse stock split effected June 30, 2026"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
performance stock unit ("PSU") financial
"Each performance stock unit ("PSU") is convertible into one share of Class A Common Stock."
adjusted EBITDA targets financial
"following achievement of certain EBITDA targets as set forth in the applicable PSU agreement"
gross profit and adjusted EBITDA targets financial
"following achievement of certain gross profit and adjusted EBITDA targets as set forth in the applicable PSU agreement"
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") is convertible into one share of Class A Common Stock."
1-for-4 reverse stock split financial
"The number of shares beneficially owned reflects the 1-for-4 reverse stock split effected June 30, 2026"
FAQ
What does Marqeta (MQ) Chief Revenue Officer Todd Pollak report in this Form 4?
Todd Pollak reports his updated stock and equity award holdings in Marqeta after a 1-for-4 reverse stock split. The filing lists common shares, stock options, restricted stock units, and performance stock units, all reflecting the new post-split share counts and terms.
What stock options does Todd Pollak hold in Marqeta (MQ) according to this filing?
Pollak holds options to buy Marqeta Class A Common Stock, including 73,870 underlying shares at an exercise price of $25.52 and additional blocks of 15,174 and 273,963 underlying shares at $26.36, with these options expiring in 2033 and fully or partially vested as described.
How are Todd Pollak’s performance stock units in Marqeta (MQ) structured?
Each performance stock unit converts into one Class A share, with target share amounts tied to achieving specified EBITDA, gross profit, or profit measures. Some PSU grants allow up to 200% of target shares to vest upon maximum performance, subject to Pollak’s continued service through vesting dates.
What are the key terms of Todd Pollak’s restricted stock units in Marqeta (MQ)?
Each restricted stock unit converts into one Class A share, with grants vesting over time on quarterly schedules. Footnotes describe grants from 2023 to 2026 with portions already vested and remaining units vesting in equal installments, contingent on continued service with Marqeta at each vesting date.