STOCK TITAN

Marqeta (NYSE: MQ) director Elaine Paul gains shares via RSU grant and exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Marqeta, Inc. director Elaine Paul reported equity compensation transactions involving Class A Common Stock and restricted stock units. On June 10, 2026, 36,297 restricted stock units converted into 36,297 shares of Class A Common Stock, a routine derivative exercise exempt from Section 16(b) under Rule 16b-6(b).

On the same date, Paul received a grant of 52,219 restricted stock units, each convertible into one share of Class A Common Stock. These units vest in full on the earlier of June 10, 2027 or Marqeta’s next annual meeting of stockholders, subject to continued service. Following the transactions, Paul directly owns 53,750 shares of Class A Common Stock and holds 52,219 restricted stock units.

Positive

  • None.

Negative

  • None.
Insider Paul Elaine
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 36,297 $0.00 --
Grant/Award Restricted Stock Units 52,219 $0.00 --
Exercise Class A Common Stock 36,297 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A Common Stock — 53,750 shares (Direct, null)
Footnotes (1)
  1. Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act. Each restricted stock unit is convertible into one share of Class A Common Stock. Restricted stock units granted on June 12, 2025, the date of the Issuer's 2025 Annual Meeting of Stockholders, that vested in full on June 10, 2026, the date of the Issuer's 2026 Annual Meeting of Stockholders. All of the shares 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.
RSUs exercised into shares 36,297 shares Restricted stock units converted to Class A Common Stock on June 10, 2026
New RSU grant 52,219 units Restricted stock units granted on June 10, 2026
Shares owned after transactions 53,750 shares Direct Class A Common Stock holdings following June 10, 2026 transactions
RSU conversion ratio 1:1 Each restricted stock unit converts into one share of Class A Common Stock
Vesting date for new RSUs June 10, 2027 RSUs vest on June 10, 2027 or the next annual meeting, whichever is earlier
Restricted Stock Units financial
"Elaine Paul received a grant of 52,219 restricted stock units on June 10, 2026."
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 A Common Stock financial
"36,297 restricted stock units converted into 36,297 shares of Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Section 16(b) regulatory
"Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934."
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-6(b) regulatory
"Exempt from Section 16(b) pursuant to Rule 16b-6(b) promulgated under the Act."
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Paul Elaine

(Last)(First)(Middle)
180 GRAND AVENUE
6TH FLOOR

(Street)
OAKLAND CALIFORNIA 94612

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Marqeta, Inc. [ MQ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/10/2026M(1)36,297A$0(1)53,750D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)06/10/2026M(1)36,297 (3) (3)Class A Common Stock36,297$00D
Restricted Stock Units(2)06/10/2026A52,219 (4) (4)Class A Common Stock52,219$052,219D
Explanation of Responses:
1. Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
2. Each restricted stock unit is convertible into one share of Class A Common Stock.
3. Restricted stock units granted on June 12, 2025, the date of the Issuer's 2025 Annual Meeting of Stockholders, that vested in full on June 10, 2026, the date of the Issuer's 2026 Annual Meeting of Stockholders.
4. All of the shares 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.
Remarks:
/s/ Tracy Foard, Attorney-in-Fact06/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Marqeta (MQ) director Elaine Paul report?

Elaine Paul reported equity compensation transactions, including the conversion of 36,297 restricted stock units into Class A Common Stock and a new grant of 52,219 restricted stock units. These actions are routine compensation-related events rather than open-market stock purchases or sales.

How many Marqeta (MQ) shares does Elaine Paul hold after these transactions?

After the reported transactions, Elaine Paul directly owns 53,750 shares of Marqeta Class A Common Stock. She also holds 52,219 restricted stock units, each convertible into one share, providing additional potential equity exposure once vesting conditions are satisfied in the future.

What are the details of Elaine Paul’s new restricted stock unit grant at Marqeta (MQ)?

Elaine Paul received a grant of 52,219 restricted stock units on June 10, 2026. Each unit converts into one share of Class A Common Stock and vests fully on the earlier of June 10, 2027 or Marqeta’s next annual meeting, subject to her continued service to the company.

Did Elaine Paul buy or sell Marqeta (MQ) shares on the open market?

The filing shows no open-market purchases or sales by Elaine Paul. Reported changes arise from equity compensation: a derivative exercise converting 36,297 restricted stock units into shares and a new grant of 52,219 restricted stock units, both at a stated price of zero per unit.

What does the Section 16(b) exemption mean for Elaine Paul’s Marqeta (MQ) transactions?

The filing notes the derivative exercise is exempt from Section 16(b) under Rule 16b-6(b). This indicates the conversion of restricted stock units into shares is treated as a routine, compensation-related event rather than a short-swing transaction, aligning with standard insider reporting practices.

When will Elaine Paul’s new Marqeta (MQ) restricted stock units vest?

All 52,219 restricted stock units vest in full on the earlier of June 10, 2027 or Marqeta’s next annual meeting of stockholders. Vesting continues only while she provides services to the company, unless the board determines otherwise before any service cessation.