Marqeta director exercises 36,297 RSUs, gets new grant
Marqeta, Inc. director Alpesh Chokshi reported equity compensation activity involving restricted stock units and Class A Common Stock.
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Form Type
4
Rhea-AI Filing Summary
Marqeta, Inc. director Alpesh Chokshi reported equity compensation activity involving restricted stock units and Class A Common Stock. On June 10, 2026, he exercised 36,297 restricted stock units into 36,297 shares of Class A Common Stock, bringing his direct common stock holdings to 61,890 shares.
He also received a new grant of 52,219 restricted stock units, each convertible into one share of Class A Common Stock. These RSUs vest in full on the earlier of June 10, 2027 or Marqeta’s next annual meeting of stockholders, subject to continued service. The transactions are noted as exempt from Section 16(b) under Rule 16b-6(b).
Insider Trade Summary
36,297 shares exercised/converted
Exercise
3 txns
Insider
CHOKSHI ALPESH
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 36,297 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 52,219 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 36,297 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 52,219 contracts (Direct);
Class A Common Stock — 61,890 shares (Direct)
Footnotes (4)
- 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. 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.
- F4. 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: 36,297 units
Shares after exercise: 61,890 shares
New RSU grant: 52,219 units
+2 more
5 metrics
RSUs exercised
36,297 units
Restricted Stock Units converted into Class A Common Stock on June 10, 2026
Shares after exercise
61,890 shares
Class A Common Stock directly held after RSU exercise
New RSU grant
52,219 units
Restricted Stock Units granted on June 10, 2026
RSU conversion ratio
1:1
Each restricted stock unit converts into one share of Class A Common Stock
Vesting date reference
June 10, 2027
All new RSUs vest on this date or earlier at next annual meeting
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 new grant consists of 52,219 restricted stock units."
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."
Annual Meeting of Stockholders financial
"Vested in full on June 10, 2026, the date of the Issuer's 2026 Annual Meeting of Stockholders."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Alpesh Chokshi report at Marqeta (MQ)?
Alpesh Chokshi reported equity compensation transactions at Marqeta, Inc. He exercised 36,297 restricted stock units into Class A Common Stock and received a new grant of 52,219 restricted stock units, all dated June 10, 2026 and held directly.
What are the terms of the new restricted stock unit grant reported by Marqeta (MQ)?
The new grant consists of 52,219 restricted stock units. All units vest in full on the earlier of June 10, 2027 or Marqeta’s next annual meeting of stockholders, with vesting stopping if Alpesh Chokshi ceases providing services unless the board determines otherwise.
Were Alpesh Chokshi’s Marqeta (MQ) transactions open-market buys or sales?
The filing shows no open-market buys or sales. Activity reflects an exercise of 36,297 restricted stock units into Class A Common Stock and a grant of 52,219 new restricted stock units, both treated as acquisitions rather than market purchases or sales.
Are the Marqeta (MQ) insider transactions exempt from Section 16(b)?
Yes. A footnote explains the transactions are exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-6(b). This rule generally covers certain derivative exercises, distinguishing them from short-swing profit transactions subject to Section 16(b) recovery.
AI-generated analysis. How Rhea-AI works. Not financial advice.
