STOCK TITAN
  1. Home
  2. Sec-filings
  3. MQ
  4. [Form 4] Marqeta, Inc. Insider Trading Activity

Marqeta (MQ) director exercises RSUs and receives new stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Marqeta, Inc. director Thomas Wendy reported a series of equity compensation transactions. On June 10, 2026, the reporting person exercised derivative securities, converting 36,297 restricted stock units into the same number of Class A Common shares, resulting in 71,202 Class A shares held directly afterward.

On the same date, the reporting person received a new grant of 52,219 restricted stock units, each convertible into one Class A Common share. According to the award terms, all of these RSUs vest in full on the earlier of June 10, 2027 or Marqeta’s next annual stockholder meeting, subject to continued service.

The filing also notes that a prior RSU grant made on June 12, 2025 vested in full on June 10, 2026. All reported transactions are exempt from Section 16(b) short-swing profit rules under Rule 16b-6(b) of the Securities Exchange Act.

Positive

  • None.

Negative

  • None.
Insider Thomas Wendy
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 36,297 $0.00 --
Grant/Award Restricted Stock Units 52,219 $0.00 --
Exercise Class A Common Stock 36,297 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A Common Stock — 71,202 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. Restricted stock units granted on June 12, 2025, the date of the Issuer's 2025 Annual Meeting of Stockholders, that vested in full on June 10, 2026, the date of the Issuer's 2026 Annual Meeting of Stockholders. All of the shares vest in full on the earlier of (i) June 10, 2027 or (ii) the Issuer's next annual meeting of stockholders; provided, however, that all vesting will cease if the Reporting Person ceases to provide services to the Issuer, unless the Issuer's Board of Directors determines otherwise prior to the cessation of such services.
RSUs exercised into stock 36,297 shares Restricted stock units converted to Class A Common Stock on June 10, 2026
New RSU grant 52,219 units Restricted stock units granted June 10, 2026, each for one Class A share
Shares held after transactions 71,202 shares Class A Common Stock directly owned following June 10, 2026 transactions
Underlying shares for new RSUs 52,219 shares Class A Common Stock underlying newly granted restricted stock units
Restricted Stock Units financial
"The reporting person received a new grant of 52,219 restricted stock units, each convertible into one Class A Common share."
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) of the Securities Exchange Act of 1934 regulatory
"All reported transactions are exempt from Section 16(b) short-swing profit rules under Rule 16b-6(b)."
Rule 16b-6(b) regulatory
"All reported transactions are exempt from Section 16(b) short-swing profit rules under Rule 16b-6(b) of the Securities Exchange Act."
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Thomas Wendy
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/10/2026M(1)36,297A$0(1)71,202D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)06/10/2026M(1)36,297 (3) (3)Class A Common Stock36,297$00D
Restricted Stock Units(2)06/10/2026A52,219 (4) (4)Class A Common Stock52,219$052,219D
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. Restricted stock units granted on June 12, 2025, the date of the Issuer's 2025 Annual Meeting of Stockholders, that vested in full on June 10, 2026, the date of the Issuer's 2026 Annual Meeting of Stockholders.
4. All of the shares vest in full on the earlier of (i) June 10, 2027 or (ii) the Issuer's next annual meeting of stockholders; provided, however, that all vesting will cease if the Reporting Person ceases to provide services to the Issuer, unless the Issuer's Board of Directors determines otherwise prior to the cessation of such services.
Remarks:
/s/ Tracy Foard, Attorney-in-Fact06/11/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Marqeta (MQ) director Thomas Wendy report?

The director reported exercising 36,297 restricted stock units into Class A Common Stock and receiving a new grant of 52,219 restricted stock units, all dated June 10, 2026, as part of equity compensation.

How many Marqeta Class A shares does the reporting person hold after these Form 4 transactions?

After exercising 36,297 restricted stock units, the reporting person directly holds 71,202 shares of Marqeta Class A Common Stock. This reflects the updated equity position immediately following the June 10, 2026 compensation-related transactions.

What are the terms of the new 52,219 Marqeta restricted stock units granted?

The new 52,219 restricted stock units each convert into one Marqeta Class A share and vest in full on the earlier of June 10, 2027 or the company’s next annual stockholder meeting, contingent on continued service to Marqeta.

Were any Marqeta shares sold in this Form 4 filing by Thomas Wendy?

No sales were reported. The Form 4 shows only acquisitions through derivative exercises and a new restricted stock unit grant, with no dispositions or open-market sales of Marqeta Class A Common Stock disclosed.

How were earlier Marqeta restricted stock units treated in this Form 4?

Earlier restricted stock units granted on June 12, 2025 fully vested on June 10, 2026. On that date, 36,297 of those vested units were converted into an equal number of Marqeta Class A Common shares, updating the director’s direct share ownership.

Are the Marqeta insider transactions exempt from Section 16(b) short-swing rules?

Yes. The filing states the transactions are exempt from Section 16(b) of the Securities Exchange Act under Rule 16b-6(b). This exemption typically applies to certain derivative-related insider transactions, such as option or restricted stock unit exercises.