Marqeta officer exercises RSUs, covers tax with shares
Marqeta, Inc. Principal Accounting Officer Sarah Barkema reported equity compensation activity involving restricted stock units that settled into Class A Common Stock.
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Form Type
4
Rhea-AI Filing Summary
Marqeta, Inc. Principal Accounting Officer Sarah Barkema reported equity compensation activity involving restricted stock units that settled into Class A Common Stock. On June 1, 2026 she exercised derivative awards for a total of 90,822 shares, and 22,645 shares were withheld by the company at $4.35 per share to cover tax obligations, not through market sales. Following these transactions, she directly holds 209,179 shares of Class A Common Stock. The Form 4 notes these events are exempt under Section 16(b) rules and reflect routine compensation and tax withholding mechanics rather than open-market trading.
Insider Trade Summary
90,822 shares exercised/converted
Exercise
15 txns
Insider
Barkema Sarah
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 25,166 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 30,085 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,689 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 13,235 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 20,647 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 25,166 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 6,274 | $4.35 | $27K |
| Exercise | Class A Common Stock | 13,235 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 3,300 | $4.35 | $14K |
| Exercise | Class A Common Stock | 20,647 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 5,148 | $4.35 | $22K |
| Exercise | Class A Common Stock | 30,085 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 7,501 | $4.35 | $33K |
| Exercise | Class A Common Stock | 1,689 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 422 | $4.35 | $2K |
Holdings After Transaction:
Restricted Stock Units — 510,362 contracts (Direct);
Class A Common Stock — 209,179 shares (Direct)
Footnotes (7)
- 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. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act.
- F3. Each restricted stock unit is convertible into one share of Class A Common Stock.
- F4. One-third (1/3rd) of the restricted stock units vested on September 1, 2025, and an additional one-twelfth (1/12th) of the restricted stock units vest on each December 1, March 1, June 1, and September 1 thereafter until fully vested, subject to the Reporting Person's continued service with the Issuer as of each vesting date.
- F5. 10% of the restricted stock units vested on September 1, 2025, 20% vested on December 1, 2025, 20% vested on March 1, 2026, and 50% vested on June 1, 2026, subject to the Reporting Person's continued service to the Issuer as of such vesting date.
- F6. One-twelfth (1/12th) of the restricted stock units vested on June 1, 2025, and one-twelfth (1/12th) of the restricted stock units vest on each September 1, December 1, March 1 and June 1 thereafter until fully vested, subject to the Reporting Person's continued service with the Issuer as of each vesting date.
- F7. One-twelfth (1/12th) of the restricted stock units vested on June 1, 2026 and one-twelfth (1/12th) of the remaining restricted stock units vest quarterly on each June 1, September 1, December 1, and March 1 thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date.
Key Figures
RSU exercises: 90,822 shares
Tax withholding shares: 22,645 shares
Tax withholding price: $4.35 per share
+2 more
5 metrics
RSU exercises
90,822 shares
Total derivative exercises reported for Class A Common Stock
Tax withholding shares
22,645 shares
Shares withheld to satisfy tax obligations on June 1, 2026
Tax withholding price
$4.35 per share
Price used for tax-withholding dispositions of Class A shares
Post-transaction holdings
166,168 shares
Direct Class A Common Stock owned after reported transactions
RSUs remaining
125,831 units
Restricted stock units remaining after one derivative transaction entry
Key Terms
Restricted Stock Units, net settlement, Section 16(b), Rule 16b-3(e), +1 more
5 terms
Restricted Stock Units financial
"security_title": "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.
net settlement financial
"in connection with the net settlement of vested restricted stock units"
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-3(e) regulatory
"exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated"
Principal Accounting Officer financial
""officer_title": "Principal Accounting Officer""
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Marqeta (MQ) report for Sarah Barkema?
Marqeta reported that Principal Accounting Officer Sarah Barkema settled restricted stock units into Class A Common Stock and had shares withheld to cover taxes. These events are compensation-related and recorded as derivative exercises and tax-withholding dispositions, not open-market purchases or sales.
Are the Marqeta (MQ) Form 4 transactions open-market trades?
The Form 4 describes the disposals as shares withheld by Marqeta to satisfy tax obligations in connection with net settlement of vested restricted stock units. The footnotes state these are not market transactions and are exempt under Rule 16b-3(e) of the Securities Exchange Act.
What are restricted stock units in the context of Marqeta’s filing?
The filing explains that each restricted stock unit is convertible into one share of Marqeta Class A Common Stock. Vesting of these units follows specified schedules tied to dates and continued service, after which they convert into shares reflected in the non-derivative transaction entries.
AI-generated analysis. How Rhea-AI works. Not financial advice.
