Marqeta director exercises 25,592 RSUs into shares
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.
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Form Type
4
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
Exercise
2 txns
Insider
CHOKSHI ALPESH
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 25,592 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 25,592 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 25,590 contracts (Direct);
Class A Common Stock — 87,482 shares (Direct)
Footnotes (3)
- 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. Each restricted stock unit is convertible into one share of Class A Common Stock.
- F3. 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"
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?
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 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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
