Marqeta (MQ) director Martha Cummings sells 2,853 company shares
Rhea-AI Filing Summary
Marqeta, Inc. director Martha Cummings sold shares of the company. She executed an open-market sale of 2,853 shares of Class A Common Stock at a weighted average price of $3.9993 per share, with individual trade prices ranging from $3.94 to $4.04. After this transaction, she directly owns 38,969 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,853 shares
Net Sell
1 txn
Insider
Cummings Martha
Role
Director
Sold
2,853 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,853 | $3.9993 | $11K |
Holdings After Transaction:
Class A Common Stock — 38,969 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.94 to $4.04, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
FAQ
What did Marqeta (MQ) director Martha Cummings report in this Form 4?
Martha Cummings reported selling 2,853 shares of Marqeta Class A Common Stock in an open-market transaction. The weighted average sale price was $3.9993 per share, with trades executed between $3.94 and $4.04, and she now directly holds 38,969 shares.
What does the weighted average price mean in Martha Cummings’ Marqeta (MQ) Form 4?
The weighted average price of $3.9993 indicates the average sale price across multiple trades. According to the footnote, the 2,853 shares were sold in several transactions, with prices ranging from $3.94 to $4.04, and detailed trade breakdowns are available upon request.
Was Martha Cummings’ Marqeta (MQ) transaction an open-market sale?
Yes, the Form 4 describes the transaction as an open-market sale of Class A Common Stock. The transaction code "S" and the description "Sale in open market or private transaction" confirm that the reported 2,853-share trade was a sale rather than a purchase or award.
AI-generated analysis. How Rhea-AI works. Not financial advice.