Marqeta (NYSE: MQ) director Elaine Paul gains shares via RSU grant and exercise
Filing Impact
Filing Sentiment
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 Trade Summary
36,297 shares exercised/converted
Mixed
3 txns
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)
- 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.
Key Figures
RSUs exercised into shares: 36,297 shares
New RSU grant: 52,219 units
Shares owned after transactions: 53,750 shares
+2 more
5 metrics
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
Key Terms
Restricted Stock Units, Class A Common Stock, Section 16(b), Rule 16b-6(b)
4 terms
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."
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.
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.
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.