Marqeta (NASDAQ: MQ) director reports post–reverse split shares, options, RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marqeta, Inc. director Martha Cummings reported her updated equity holdings, reflecting a 1-for-4 reverse stock split that took effect on June 30, 2026. She now beneficially owns 12,969 shares of Class A Common Stock directly.
She also holds fully vested stock options covering 75,000 shares of Class B Common Stock at an exercise price of $85.9600 per share and another 70,250 shares at $41.9200 per share, both adjusted for the reverse split. Each Class B share is convertible into one Class A share.
In addition, Cummings holds 13,054 restricted stock units, each convertible into one share of Class A Common Stock. This RSU grant, originally granted on June 10, 2026, will vest in full on the earlier of June 10, 2027 or Marqeta’s next annual stockholder meeting, subject to her continued service. The filing does not show new purchases or sales, only these post-split positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Cummings Martha
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 13,054 shares (Direct, null);
Stock Option (Right to Buy) — 70,250 shares (Direct, null);
Class A Common Stock — 12,969 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 restricted stock unit is convertible into one share of Class A Common Stock. This RSU grant, originally granted June 10, 2026 for 13,054 RSUs (post Reverse Stock Split), will vest in full on the earlier of (i) June 10, 2027 or (ii) the Issuer's next annual meeting of stockholders; provided, however, that all vesting will cease if the Reporting Person ceases to provide services to the Issuer, unless the Issuer's Board of Directors determines otherwise prior to the cessation of such services. The number of shares subject to RSUs reflects the Reverse Stock Split. The per share exercise price and number of shares subject to the option reflect the Reverse Stock Split. All of the shares subject to this option are fully vested and exercisable as of the date hereof. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and upon the occurrence of other events set forth in the Issuer's Certificate of Incorporation.
Key Figures
Class A shares held: 12,969 shares
Reverse stock split ratio: 1-for-4
Option grant 1: 75,000 shares at $85.9600
+5 more
8 metrics
Class A shares held
12,969 shares
Beneficially owned after 1-for-4 reverse stock split on June 30, 2026
Reverse stock split ratio
1-for-4
Reverse stock split effected June 30, 2026; cash paid for fractional shares
Option grant 1
75,000 shares at $85.9600
Stock options on Class B Common Stock, fully vested, adjusted for reverse split
Option grant 1 expiration
2031-04-06
Expiration date for 75,000-share stock option grant on Class B stock
Option grant 2
70,250 shares at $41.9200
Stock options on Class B Common Stock, fully vested, adjusted for reverse split
Option grant 2 expiration
2031-01-21
Expiration date for 70,250-share stock option grant on Class B stock
RSU grant size
13,054 RSUs
Restricted stock units on Class A Common Stock, post reverse split
RSU vesting date
June 10, 2027 (or next annual meeting)
RSUs vest in full on earlier of June 10, 2027 or next annual stockholder meeting
Key Terms
Reverse Stock Split, Restricted Stock Units, Class B Common Stock, beneficially owned
4 terms
Reverse Stock Split financial
"The number of shares beneficially owned reflects the 1-for-4 reverse stock split effected June 30, 2026 (the "Reverse Stock Split")."
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.
Restricted Stock Units financial
"This RSU grant, originally granted June 10, 2026 for 13,054 RSUs (post Reverse Stock Split), will vest in full on the earlier of (i) June 10, 2027..."
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.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder..."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
beneficially owned financial
"The number of shares beneficially owned reflects the 1-for-4 reverse stock split effected June 30, 2026..."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What did Marqeta (MQ) director Martha Cummings report on this Form 4?
Martha Cummings reported her updated equity holdings at Marqeta, Inc. after a 1-for-4 reverse stock split. The filing lists her Class A shares, stock options, and restricted stock units, but does not show new share purchases or sales.
What stock options does Martha Cummings hold in Marqeta (MQ)?
Martha Cummings holds fully vested stock options on 75,000 shares of Class B Common Stock at an exercise price of $85.9600 and 70,250 shares at $41.9200. Both option grants have been adjusted for the 1-for-4 reverse stock split and remain exercisable.
When do Martha Cummings’ Marqeta (MQ) RSUs vest?
Her RSU grant for 13,054 restricted stock units will vest in full on the earlier of June 10, 2027 or Marqeta’s next annual meeting of stockholders, provided she continues to provide services, unless the board determines otherwise beforehand.
What did the reverse stock split do to Martha Cummings’ Marqeta (MQ) holdings?
Marqeta’s 1-for-4 reverse stock split on June 30, 2026 reduced the number of shares while increasing per-share values. The filing states that Cummings’ beneficial share counts, RSUs, and option share amounts and exercise prices all reflect this adjustment.