Marqeta director updates holdings after reverse split
Marqeta, Inc. director Wendy Thomas filed an update of her equity holdings following a 1-for-4 reverse stock split effective on June 30, 2026.
Rhea-AI Filing Summary
Marqeta, Inc. director Wendy Thomas filed an update of her equity holdings following a 1-for-4 reverse stock split effective on June 30, 2026. She now directly holds 17,800 shares of Class A Common Stock.
In addition, she holds Restricted Stock Units (RSUs) covering 17,451 and 13,054 underlying shares of Class A Common Stock, each RSU representing one share upon settlement. The 13,054-unit grant, originally awarded on June 10, 2026, will vest in full on the earlier of June 10, 2027 or Marqeta's next annual stockholder meeting, subject to continued service. The 26,178-unit grant from April 18, 2025 (of which 8,727 units have vested) vests one-third on each of April 18, 2027 and April 18, 2028, also subject to continued service.
Positive
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Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Thomas Wendy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 30,505 contracts (Direct);
Class A Common Stock — 17,800 shares (Direct)
Footnotes (5)
- F1. The number of shares beneficially owned reflects the 1-for-4 reverse stock split effected June 30, 2026 (the "Reverse Stock Split"). Cash was paid in lieu of any fractional shares resulting from the Reverse Stock Split.
- F2. Each restricted stock unit is convertible into one share of Class A Common Stock.
- F3. This RSU grant, originally granted June 10, 2026 for 13,054 RSUs (post Reverse Stock Split), will 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.
- F4. The number of shares subject to RSUs reflects the Reverse Stock Split.
- F5. This RSU grant, originally granted on April 18, 2025 for 26,178 RSUs (post Reverse Stock Split), of which 8,727 RSUs have vested, vest as to one-third (1/3rd) of the RSUs on each of 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
Direct Class A shares: 17,800 shares
RSUs underlying shares (grant 1): 17,451 shares
RSUs underlying shares (grant 2): 13,054 shares
+3 more
6 metrics
Direct Class A shares
17,800 shares
Beneficially owned after 1-for-4 reverse stock split effective June 30, 2026
RSUs underlying shares (grant 1)
17,451 shares
Restricted Stock Units convertible into Class A Common Stock, direct ownership
RSUs underlying shares (grant 2)
13,054 shares
RSU grant originally granted June 10, 2026, vesting by June 10, 2027 or next annual meeting
Reverse stock split ratio
1-for-4
Reverse stock split effective June 30, 2026; all reported shares reflect this
RSUs originally granted April 18, 2025
26,178 RSUs
Post reverse split; 8,727 RSUs already vested, balance vests in 2027 and 2028
Vested RSUs from 2025 grant
8,727 RSUs
Portion of April 18, 2025 RSU grant that has already vested
Key Terms
Restricted Stock Units, reverse stock split, beneficially owned, vesting, +1 more
5 terms
Restricted Stock Units financial
"The number of shares subject to RSUs reflects the Reverse Stock Split."
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.
reverse stock split financial
"The number of shares beneficially owned reflects the 1-for-4 reverse stock split effected June 30, 2026."
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
beneficially owned financial
"The number of shares beneficially owned reflects the 1-for-4 reverse stock split effected June 30, 2026."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
vesting financial
"This RSU grant ... will vest in full on the earlier of June 10, 2027 or the Issuer's next annual meeting of stockholders."
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.
underlying security financial
"Each restricted stock unit is convertible into one share of Class A Common Stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Marqeta (MQ) director Wendy Thomas report in this Form 4?
Wendy Thomas reported updated equity holdings in Marqeta after a 1-for-4 reverse stock split. She now directly holds 17,800 Class A shares and multiple Restricted Stock Unit awards that may convert into additional shares as they vest over time.
What Restricted Stock Units does Wendy Thomas hold in Marqeta (MQ)?
She holds RSUs linked to 17,451 and 13,054 underlying Class A shares. Each RSU converts into one share upon settlement. These grants vest on specified future dates, conditioned on her continued service with Marqeta’s board of directors as described in the filing’s footnotes.
How does the Marqeta reverse stock split affect Wendy Thomas’s holdings?
The filing states her reported holdings reflect a 1-for-4 reverse stock split effective June 30, 2026. All share and RSU amounts shown have been adjusted for this split, and cash was paid instead of issuing fractional shares that would otherwise result from the adjustment.
When will Wendy Thomas’s 13,054 Marqeta RSUs vest?
The 13,054-unit RSU grant, originally granted June 10, 2026, will vest in full on the earlier of June 10, 2027 or Marqeta’s next annual stockholder meeting. Vesting continues only while she provides services, unless the board decides otherwise before service ends.
What are the vesting terms of Wendy Thomas’s April 18, 2025 Marqeta RSU grant?
The April 18, 2025 grant originally covered 26,178 RSUs, with 8,727 already vested. The remaining units vest in two equal one-third installments on April 18, 2027 and April 18, 2028, provided she continues serving Marqeta as of each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
