Marqeta (MQ) director trims stake with 2,853-share open-market sale

Rhea-AI Filing Summary

Marqeta, Inc. director Martha Cummings reported an open-market sale of 2,853 shares of Class A Common Stock. The shares were sold at a weighted average price of $4.1189 per share, with individual sale prices ranging from $4.08 to $4.14. After this transaction, she directly holds 33,263 shares.

Insider Trade Summary 10b5-1

Net Seller: 2,853 shares ($11,751)

Net Sell 1 txn

Insider Cummings Martha

Role Director

Sold 2,853 shs ($12K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	2,853	$4.1189	$12K

Holdings After Transaction: Class A Common Stock — 33,263 shares (Direct)

Footnotes (1)

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Key Figures

Shares sold: 2,853 shares Weighted average sale price: $4.1189 per share Post-transaction holdings: 33,263 shares +1 more

4 metrics

Shares sold 2,853 shares Open-market sale of Class A Common Stock

Weighted average sale price $4.1189 per share Aggregate price for multiple trades

Post-transaction holdings 33,263 shares Directly held Class A Common Stock after sale

Sale price range $4.08–$4.14 per share Range of prices for individual trades

Key Terms

Class A Common Stock, open-market sale, weighted average price, Form 4, +1 more

5 terms

Class A Common Stock financial

"security_title: "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.

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"The price reported ... is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Form 4 regulatory

"within the ranges set forth in this footnote to this Form 4."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

transaction code "S" regulatory

"transaction_code": "S""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cummings Martha

(Last) (First) (Middle)

180 GRAND AVENUE

6TH FLOOR

(Street)

OAKLAND CALIFORNIA 94612

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Marqeta, Inc. [ MQ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/15/2026		S		2,853	D	$4.1189(1)	33,263	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.08 to $4.14, 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.

Remarks:

	/s/ Tracy Foard, Attorney-in-Fact	04/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Marqeta (MQ) disclose for Martha Cummings?

Martha Cummings reported selling 2,853 Marqeta shares of Class A Common Stock in an open-market transaction. The filing shows she remains a shareholder, directly holding 33,263 shares after the sale, indicating this was a relatively small adjustment to her overall position.

At what price did Martha Cummings sell Marqeta (MQ) shares?

The reported weighted average sale price was $4.1189 per share, with individual trades executed between $4.08 and $4.14. The footnote explains that the 2,853 shares were sold in multiple transactions across this price range during the same reported trading day.

How many Marqeta (MQ) shares does Martha Cummings hold after the sale?

After the sale, Martha Cummings directly holds 33,263 shares of Marqeta Class A Common Stock. This remaining stake, disclosed in the Form 4, provides context that the 2,853 shares sold represent only a portion of her overall direct ownership.

Was the Marqeta (MQ) insider trade by Martha Cummings an open-market sale?

Yes, the transaction is described as an open-market sale of Class A Common Stock. The Form 4 uses transaction code “S” and labels the action as an open-market sale, meaning the shares were sold through regular market transactions rather than a private or derivative-related event.

What does the weighted average price footnote mean in the Marqeta (MQ) Form 4?

The footnote explains that $4.1189 is a weighted average price. The 2,853 shares were sold in multiple trades between $4.08 and $4.14. The reporting person offers to provide exact share counts at each price level to the issuer, shareholders, or SEC staff upon request.