Marqeta director updates post-split share holdings
Marqeta, Inc. director Alpesh Chokshi reported updated holdings following a 1-for-4 reverse stock split effective June 30, 2026.
Rhea-AI Filing Summary
Marqeta, Inc. director Alpesh Chokshi reported updated holdings following a 1-for-4 reverse stock split effective June 30, 2026. After the adjustment, he directly holds 21,870 shares of Class A Common Stock. He also holds restricted stock units that are convertible into 13,054 and 6,397 shares of Class A Common Stock, which vest on future dates if he continues serving the company. The filing notes that cash was paid instead of issuing any fractional shares created by the reverse split.
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
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 on June 13, 2024 for 19,193 RSUs (post Reverse Stock Split), of which 12,796 RSUs have vested, vest as to one-third (1/3rd) of the RSUs on June 13, 2027, subject to the Reporting Person's continued service with the Issuer as of each vesting date.
- F4. The number of shares subject to RSUs reflects the Reverse Stock Split.
- F5. 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.
Key Figures
Key Terms
Reverse Stock Split financial
Restricted Stock Units financial
beneficially owned financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Marqeta (MQ) director Alpesh Chokshi report in this Form 4?
What restricted stock units does Alpesh Chokshi hold in Marqeta (MQ)?
What is the reverse stock split described for Marqeta (MQ)?
When do Alpesh Chokshi’s Marqeta (MQ) RSUs vest?
Did this Marqeta (MQ) Form 4 show any stock being bought or sold?
AI-generated analysis. How Rhea-AI works. Not financial advice.