Marqeta director updates post-split holdings
Marqeta, Inc. director Paul Elaine reported updated equity holdings, mainly to reflect a 1-for-4 reverse stock split effective June 30, 2026.
Rhea-AI Filing Summary
Marqeta, Inc. director Paul Elaine reported updated equity holdings, mainly to reflect a 1-for-4 reverse stock split effective June 30, 2026. After the update, the director beneficially owns 8,900 shares of Class A Common Stock and two blocks of restricted stock units tied to future vesting.
These RSU awards cover 17,451 and 13,054 underlying shares of Class A Common Stock, each convertible on a one-for-one basis. One grant, originally for 13,054 RSUs, will vest in full on the earlier of June 10, 2027 or the next annual stockholder meeting, subject to continued service. Another grant, originally for 26,178 RSUs, vests in remaining tranches on April 18, 2027 and April 18, 2028.
Positive
- None.
Negative
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Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Paul Elaine
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 — 8,900 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 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
Class A shares held: 8,900 shares
RSUs underlying shares (grant 1): 17,451 shares
RSUs underlying shares (grant 2): 13,054 shares
+3 more
6 metrics
Class A shares held
8,900 shares
Beneficially owned after June 30, 2026 reverse stock split
RSUs underlying shares (grant 1)
17,451 shares
Restricted Stock Units convertible into Class A Common Stock
RSUs underlying shares (grant 2)
13,054 shares
Restricted Stock Units convertible into Class A Common Stock
Reverse stock split ratio
1-for-4
Reverse stock split effective June 30, 2026
RSU grant date (13,054 units)
June 10, 2026
RSU grant vesting on earlier of June 10, 2027 or next annual meeting
RSU grant date (26,178 units)
April 18, 2025
RSU grant vesting one-third on April 18, 2027 and 2028
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 (i) June 10, 2027 or (ii) 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.
continued service financial
"subject to the Reporting Person's continued service with the Issuer as of each vesting date."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Marqeta (MQ) director Paul Elaine report in this Form 4?
The Form 4 reports updated holdings after a reverse stock split, showing 8,900 Class A shares and multiple restricted stock unit grants that convert into Class A Common Stock on a one-for-one basis, subject to specific vesting schedules and continued service conditions.
How did Marqeta’s 1-for-4 reverse stock split affect the reported holdings?
The 1-for-4 reverse stock split, effective June 30, 2026, adjusted the share counts for both common stock and RSUs. Beneficially owned shares and RSU amounts are reported on a post-split basis, with cash paid instead of issuing any fractional shares created by the split.
What restricted stock unit awards does the Marqeta (MQ) director hold?
The director holds RSUs representing 17,451 and 13,054 underlying Class A shares. Each RSU converts into one share upon vesting. These grants were originally made on April 18, 2025 and June 10, 2026, and are subject to multi-year vesting schedules and continued service requirements.
When do the Marqeta (MQ) RSU grants reported here vest?
One RSU grant for 13,054 units vests in full on the earlier of June 10, 2027 or the next annual stockholder meeting. Another grant, originally 26,178 RSUs, vests in remaining one-third tranches on April 18, 2027 and April 18, 2028, assuming continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
