Marqeta, Inc. discloses operating results and governance changes through SEC filings tied to its modern card issuing platform. Recent Form 8-K reports furnish quarterly and annual earnings releases, including Total Processing Volume, net revenue, gross profit, GAAP results and Adjusted EBITDA.
The filing record also documents leadership and officer-designation matters, including executive appointments, principal financial and accounting officer roles, compensation arrangements and equity awards. Definitive proxy materials cover board matters, executive compensation, shareholder voting items and related corporate-governance disclosures.
Marqeta director Elaine Paul exercised restricted stock units into Class A shares. On April 18, 2026, 34,905 restricted stock units converted into 34,905 shares of Class A Common Stock, which she now holds directly.
Following this vesting event, 69,807 restricted stock units remain outstanding. According to the award terms, one-third of the restricted stock units vest on each of April 18, 2026, April 18, 2027 and April 18, 2028, subject to her continued service with Marqeta on each vesting date.
Marqeta, Inc. director Wendy Thomas exercised restricted stock units into 34,905 shares of Class A Common Stock on April 18, 2026. The related RSUs are convertible one-for-one into Class A shares and vest in three equal installments on April 18, 2026, 2027 and 2028, subject to continued service.
Marqeta director Najuma Atkinson reported an option-related share exercise and a modest stock sale. On April 17, 2026, she exercised 30,863 restricted stock units, each convertible into one share of Class A Common Stock, at a stated price of $0.00 per unit. On April 20, 2026, she sold 9,259 Class A shares in an open-market transaction at a weighted average price of $4.4413, with individual trades ranging from $4.41 to $4.45. Following these transactions, Atkinson directly holds 153,009.218 shares of Marqeta Class A Common Stock. The filing notes the exercise is exempt from Section 16(b) under Rule 16b-6(b) and that one-third of the restricted stock units vest on each of April 30, 2024, April 17, 2025 and April 17, 2026, subject to continued service.
Marqeta, Inc. is asking stockholders to vote at its 2026 virtual annual meeting on director elections, auditor ratification, key charter amendments, and executive pay.
Proposals include electing four Class II directors, ratifying KPMG as auditor, approving a 1-for-4 reverse stock split with a proportional reduction in authorized common and preferred stock, adding Delaware-permitted officer exculpation, and approving a non-binding say-on-pay resolution.
The proxy also highlights 2025 results: Total Processing Volume rose 31% to $383 billion, net revenue grew 23% to $625 million, gross profit reached $437 million with a 70% margin, the company recorded a $14 million net loss versus prior-year net income due to a 2024 one-time share-based compensation reversal, and Adjusted EBITDA improved to $110 million, up $80 million year over year.
Marqeta, Inc. insider Crystal Sumner sold a small portion of her holdings in an open-market transaction. She sold 5,056 shares of Class A common stock at a weighted average price of $4.1171 per share. After the sale, she directly holds 512,264 shares, indicating she retains the vast majority of her position. The sale price reflects multiple trades between $4.08 and $4.14 per share.
Marqeta, Inc. director Martha Cummings reported an open-market sale of 2,853 shares of Class A Common Stock. The shares were sold at a weighted average price of $4.1189 per share, with individual sale prices ranging from $4.08 to $4.14. After this transaction, she directly holds 33,263 shares.
Marqeta, Inc. is soliciting proxies for its 2026 Annual Meeting on June 10, 2026 (virtual). Key proposals include election of four Class II directors, ratification of KPMG as auditor, a proposal to approve a 1-for-4 reverse stock split with proportional reduction of authorized shares, an amendment to permit officer exculpation under Delaware law, and a non-binding advisory vote on executive compensation.
Fiscal 2025 highlights disclosed in the materials: TPV $383 billion, Net revenue $625 million, Gross profit $437 million (70% margin), Net loss $14 million, and Adjusted EBITDA $110 million. The proxy includes board composition, governance practices, director compensation, and proposed charter amendments.