Marqeta director gifts 1.24M Class B shares
Marqeta, Inc. (MQ) director and ten percent owner Jason M. Gardner reported a series of bona fide gifts involving Class B Common Stock, each share convertible into one share of Class A Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Marqeta, Inc. (MQ) director and ten percent owner Jason M. Gardner reported a series of bona fide gifts involving Class B Common Stock, each share convertible into one share of Class A Common Stock. On 2026-08-19, entities associated with Gardner disposed of and acquired blocks of 310,148 Class B shares in four separate gift transfers among family-related trusts and his spouse, with no cash consideration. Following these movements, Gardner continues to have indirect positions in Class B shares convertible into 4,856,369 and 1,920,000 Class A shares through various trusts, and he disclaims beneficial ownership of shares held in trusts for his children.
Insider Trade Summary
1,240,592 shares gifted
Gift
6 txns
Insider
Gardner Jason M.
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock F1, F2 | 310,148 | $0.00 | $0.00 |
| Gift | Class B Common Stock F1, F3 | 310,148 | $0.00 | $0.00 |
| Gift | Class B Common Stock F1 | 310,148 | $0.00 | $0.00 |
| Gift | Class B Common Stock F1, F4 | 310,148 | $0.00 | $0.00 |
| holding | Class B Common Stock F1, F5 | -- | -- | -- |
| holding | Class B Common Stock F1, F6 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 7,450,489 contracts for 6,776,369 underlying shares (Indirect, See Footnote);
Class B Common Stock — 310,148 contracts (Direct)
Footnotes (6)
- F1. 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.
- F2. The shares are held directly by the Jason Gardner 2025 GRAT dated May 14, 2025 for which the Reporting Person is a trustee.
- F3. The shares are held directly by the Jocelyne Gardner 2025 GRAT dated May 14, 2025 for which the Reporting Person is a trustee.
- F4. The shares are held by the spouse of the Reporting Person.
- F5. The shares are held directly by The Gardner 2008 Living Trust dated March 22, 2008 for which the Reporting Person and his spouse are trustees.
- F6. The shares are held of record by trusts for the benefit of the Reporting Person's children and of which the trustee is an independent institution. The Reporting Person disclaims beneficial ownership of the shares held in the trusts for the benefit of the Reporting Person's children.
Key Figures
Gifted Class B shares per transaction: 310,148 shares
Total gifted Class B shares: 1,240,592 shares
Convertible ratio: 1 Class B share to 1 Class A share
+3 more
6 metrics
Gifted Class B shares per transaction
310,148 shares
Size of each bona fide gift transaction on 2026-08-19
Total gifted Class B shares
1,240,592 shares
Sum of four bona fide gift transactions on 2026-08-19
Convertible ratio
1 Class B share to 1 Class A share
Conversion feature in Marqeta’s Certificate of Incorporation
Indirect underlying Class A shares (Gardner 2008 Living Trust)
4,856,369 shares
Underlying Class A shares from indirectly held Class B stock
Indirect underlying Class A shares (children’s trusts)
1,920,000 shares
Underlying Class A shares in trusts for Gardner’s children
Reported gift price per share
$0.0000
Price per share reported for each bona fide gift
Key Terms
bona fide gift, Class B Common Stock, Grantor Retained Annuity Trust, beneficial ownership, +1 more
5 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Class B Common Stock financial
"security_title: "Class B Common Stock""
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.
Grantor Retained Annuity Trust financial
"Jason Gardner 2025 GRAT dated May 14, 2025"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Certificate of Incorporation regulatory
"events set forth in the Issuer's Certificate of Incorporation"
A certificate of incorporation is an official government document that creates a corporation and records key facts such as its legal name, basic governance structure, and stock authorization—think of it as a company's birth certificate plus its basic rulebook. Investors care because it establishes the company’s legal existence, limits owners’ personal liability, and sets the framework for issuing shares and enforcing shareholder rights, which affects ownership, control and the company’s ability to raise capital.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Jason M. Gardner report at Marqeta, Inc. (MQ)?
Jason M. Gardner reported four bona fide gifts of Marqeta Class B Common Stock on 2026-08-19, each involving 310,148 shares. The gifts were transfers among family-related trusts and his spouse, with each Class B share convertible into one Class A share.
Were Jason Gardner’s Marqeta (MQ) transactions market sales or purchases?
No. The reported transactions are all coded as G, meaning bona fide gifts. They reflect acquisitions and dispositions via gift transfer among family-related trusts and his spouse, at a reported price of $0.0000 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
