Director Alpesh Chokshi at Marqeta (MQ) exercises 25,592 RSUs

Rhea-AI Filing Summary

Marqeta, Inc. director Alpesh Chokshi exercised restricted stock units, receiving 25,592 shares of Class A Common Stock at a stated price of $0.00 per share. Following the transaction, he directly holds 87,482 Class A shares. The underlying RSU award vests in three equal installments on June 13, 2025, June 13, 2026, and June 13, 2027, contingent on continued service.

Insider Trade Summary

25,592 shares exercised/converted

Mixed 2 txns

Insider CHOKSHI ALPESH

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	25,592	$0.00	--
Exercise	Class A Common Stock	25,592	$0.00	--

Holdings After Transaction: Restricted Stock Units — 25,590 shares (Direct, null); Class A Common Stock — 87,482 shares (Direct, null)

Footnotes (1)

1. 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. Each restricted stock unit is convertible into one share of Class A Common Stock. One-third (1/3rd) of the restricted stock units vest on each of June 13, 2025, June 13, 2026, and June 13, 2027, subject to the Reporting Person's continued service with the Issuer as of each vesting date.

Key Figures

RSUs exercised: 25,592 units Shares acquired: 25,592 shares Shares held after: 87,482 shares +4 more

7 metrics

RSUs exercised 25,592 units Converted into Class A Common Stock on June 13, 2026

Shares acquired 25,592 shares Class A Common Stock received from RSU conversion

Shares held after 87,482 shares Total direct Class A Common Stock following transaction

Remaining RSUs 25,590 units Derivative securities following RSU transaction

RSU conversion ratio 1 unit : 1 share Each RSU convertible into one Class A share

RSU vesting dates June 13, 2025/2026/2027 One-third of RSUs vest on each date

Exercise price $0.00 per share Stated for Class A Common Stock received

Key Terms

Restricted Stock Units, Section 16(b), Rule 16b-6(b)

3 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units" with underlying Class A Common Stock"

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.

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-6(b) regulatory

"pursuant to Rule 16b-6(b) promulgated under the Act"

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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).

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^*

CHOKSHI ALPESH

(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)
06/13/2026

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	06/13/2026		M(1)		25,592	A	$0(1)	87,482	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
Restricted Stock Units	(2)	06/13/2026		M(1)			25,592	(3)	(3)	Class A Common Stock	25,592	$0	25,590	D

Explanation of Responses:

1. 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.

2. Each restricted stock unit is convertible into one share of Class A Common Stock.

3. One-third (1/3rd) of the restricted stock units vest on each of June 13, 2025, June 13, 2026, and June 13, 2027, subject to the Reporting Person's continued service with the Issuer as of each vesting date.

Remarks:

	/s/ Tracy Foard, Attorney-in-Fact	06/16/2026
	** 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 did Marqeta (MQ) director Alpesh Chokshi report in this Form 4?

Alpesh Chokshi exercised restricted stock units into Class A shares. He converted 25,592 restricted stock units into 25,592 shares of Marqeta Class A Common Stock at a stated price of $0.00 per share, with no open-market sale reported.

How many Marqeta (MQ) shares does Alpesh Chokshi hold after this transaction?

After the transaction, Chokshi holds 87,482 Class A shares. The Form 4 states his direct ownership of Marqeta Class A Common Stock is 87,482 shares following the RSU conversion reported on June 13, 2026.

How many restricted stock units are reported remaining for Alpesh Chokshi at Marqeta (MQ)?

The filing shows 25,590 restricted stock units remaining. For the RSU award, the Form 4 lists 25,590 derivative securities following the transaction, indicating a continuing RSU position in addition to the acquired Class A Common Stock.

What is the vesting schedule of Alpesh Chokshi’s Marqeta (MQ) restricted stock units?

The RSUs vest in three equal annual installments. One-third of the restricted stock units vest on each of June 13, 2025, June 13, 2026, and June 13, 2027, provided Chokshi continues to serve with Marqeta on each vesting date.

Did Alpesh Chokshi sell any Marqeta (MQ) shares in this Form 4 filing?

The Form 4 does not report any share sales. The disclosed transactions use code “M” for derivative exercise, showing RSUs converting into Class A Common Stock, with no “S” or other sale code entries in the summarized data.

What does one restricted stock unit represent in Alpesh Chokshi’s Marqeta (MQ) award?

Each restricted stock unit converts into one Class A share. A footnote explains that every RSU is convertible into one share of Marqeta Class A Common Stock, defining the 1‑for‑1 relationship between units and underlying shares.