Marqeta director exercises 34,905 RSUs
Marqeta director Elaine Paul exercised restricted stock units into Class A shares.
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Form Type
4
Rhea-AI Filing Summary
Marqeta director Elaine Paul exercised restricted stock units into Class A shares. On April 18, 2026, 34,905 restricted stock units converted into 34,905 shares of Class A Common Stock, which she now holds directly.
Following this vesting event, 69,807 restricted stock units remain outstanding. According to the award terms, one-third of the restricted stock units vest on each of April 18, 2026, April 18, 2027 and April 18, 2028, subject to her continued service with Marqeta on each vesting date.
Insider Trade Summary
34,905 shares exercised/converted
Exercise
2 txns
Insider
Paul Elaine
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 34,905 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 34,905 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 69,807 contracts (Direct);
Class A Common Stock — 34,905 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. Each restricted stock unit is convertible into one share of Class A Common Stock.
- F3. One-third (1/3rd) of the restricted stock units vest on each of April 18, 2026, April 18, 2027 and April 18, 2028, subject to the Reporting Person's continued service with the Issuer as of each vesting date.
Key Figures
Shares acquired: 34,905 shares
RSUs converted: 34,905 RSUs
RSUs remaining: 69,807 RSUs
+2 more
5 metrics
Shares acquired
34,905 shares
Class A Common Stock received on April 18, 2026
RSUs converted
34,905 RSUs
Restricted Stock Units converting 1:1 into Class A shares
RSUs remaining
69,807 RSUs
Unvested restricted stock units following the transaction
Vesting schedule
1/3 each year
On April 18, 2026, 2027 and 2028, subject to continued service
Exercise price
$0.00 per unit
Stated price for RSU conversion into Class A Common Stock
Key Terms
Restricted Stock Units, Class A Common Stock, Section 16(b), Rule 16b-6(b), +1 more
5 terms
Restricted Stock Units financial
"The security title is listed as "Restricted Stock Units" with 34,905 units exercised."
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
"Each restricted stock unit is convertible into one share 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."
vesting financial
"One-third of the restricted stock units vest on each of April 18, 2026, April 18, 2027 and April 18, 2028."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Marqeta (MQ) report for Elaine Paul?
Marqeta reported that director Elaine Paul acquired 34,905 shares of Class A Common Stock through the exercise of restricted stock units on April 18, 2026. This was a compensation-related derivative conversion, not an open-market stock purchase or sale.
Does Elaine Paul still hold unvested restricted stock units at Marqeta (MQ)?
Yes. After this transaction, Elaine Paul has 69,807 restricted stock units remaining. These units are scheduled to vest in three equal installments on April 18, 2026, April 18, 2027 and April 18, 2028, contingent on her continued service.
Was Elaine Paul’s Marqeta Form 4 transaction a market sale or purchase?
No, it was not a market trade. The Form 4 shows a derivative exercise, where restricted stock units converted into common shares at a stated price of $0.00 per unit, reflecting a vesting event rather than an open-market buy or sell.
How is Elaine Paul’s Marqeta RSU vesting schedule structured?
Her restricted stock units vest in three equal tranches. One-third of the RSUs vest on each of April 18, 2026, April 18, 2027 and April 18, 2028, provided she continues to serve Marqeta through each respective vesting date.
Is Elaine Paul’s Marqeta Form 4 transaction exempt from Section 16(b)?
Yes. The filing states the transaction is exempt from Section 16(b) of the Securities Exchange Act under Rule 16b-6(b). This rule generally covers certain derivative exercises, treating them differently from short-swing profit transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
