[Form 4] Marqeta, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Marqeta, Inc. filed an insider report showing updated equity holdings for Chief Technology Officer Lukasz Strozek after a 1-for-4 reverse stock split effective June 30, 2026, with cash paid in lieu of fractional shares. Following the update, he reports no directly held Class A Common Stock.
The filing shows 482,539 Restricted Stock Units (RSUs), each convertible into one share of Class A Common Stock. This RSU grant was made on June 15, 2026 and is scheduled to vest one-third on June 1, 2027, with the remaining units vesting in equal quarterly installments, subject to continued service.
Strozek also holds 120,634 Performance Stock Units (Rule of 40), each convertible into one share of Class A Common Stock. These PSUs may be issued over time upon achievement of specified gross profit and adjusted EBITDA targets and continued service, with up to 200% of the target shares vesting at maximum performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Units (Rule of 40) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- 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. Each performance stock unit ("PSU") is convertible into one share of Class A Common Stock. Represents the number of shares which may be issued at target under the PSU, granted June 15, 2026, over a period of time following achievement of certain gross profit and adjusted EBITDA targets as set forth in the applicable PSU agreement, subject to the Reporting Person's continued service to the Issuer as of each vesting date. At maximum achievement, 200% of the shares would vest. The number of shares subject to PSUs reflects the Reverse Stock Split. Each restricted stock unit ("RSU") is convertible into one share of Class A Common Stock. This RSU grant, originally granted June 15, 2026 for 482,539 RSUs (post Reverse Stock Split), of which no RSUs (post Reverse Stock Split) have vested, vests as to one-third (1/3rd) of the RSUs on June 1, 2027 and one-twelfth (1/12th) of the remaining restricted stock units vest quarterly on each September 1, December 1, March 1 and June 1 thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date. The number of shares subject to RSUs reflects the Reverse Stock Split.