[SCHEDULE 13G/A] Marqeta, Inc. Amended Passive Investment Disclosure
T. Rowe Price reports 11.6% stake in Marqeta
T. Rowe Price Associates, Inc. filed Amendment No. 2 reporting beneficial ownership of 45,481,645 shares of Marqeta Inc-A common stock, representing 11.6% of the class.
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T. Rowe Price Associates, Inc. filed Amendment No. 2 reporting beneficial ownership of 45,481,645 shares of Marqeta Inc-A common stock, representing 11.6% of the class. T. Rowe Price reports sole voting power over 45,338,489 shares and sole dispositive power over 45,481,645 shares, with no shared voting or dispositive power. Within this total, T. Rowe Price Mid-Cap Value Fund has an interest in 20,115,959 shares, representing 5.1% of the class. T. Rowe Price states that dividends and sale proceeds are ultimately receivable by its individual and institutional clients, and it expressly denies beneficial ownership of the securities beyond its role as investment adviser.
Key Figures
Shares beneficially owned:45,481,645 sharesPercent of class owned:11.6%Sole voting power:45,338,489 shares+3 more
6 metrics
Shares beneficially owned45,481,645 sharesMarqeta Inc-A common stock reported as beneficially owned by T. Rowe Price Associates, Inc.
Percent of class owned11.6%Portion of Marqeta Inc-A common stock class reported as beneficially owned
Sole voting power45,338,489 sharesShares of Marqeta Inc-A over which T. Rowe Price has sole voting power
Sole dispositive power45,481,645 sharesShares of Marqeta Inc-A over which T. Rowe Price has sole dispositive power
Mid-Cap Value Fund interest20,115,959 sharesMarqeta Inc-A shares held by T. Rowe Price Mid-Cap Value Fund
Mid-Cap Value Fund percent of class5.1%Percentage of Marqeta Inc-A class represented by Mid-Cap Value Fund holdings
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class, +1 more
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting powerfinancial
"5 | Sole Voting Power 45,338,489.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive powerfinancial
"7 | Sole Dispositive Power 45,481,645.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
percent of classfinancial
"(b) | Percent of class: 11.6 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
investment adviserfinancial
"Price Associates serves as investment adviser"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Marqeta (MQ) does T. Rowe Price Associates currently report owning?
T. Rowe Price Associates reports beneficial ownership of 11.6% of Marqeta Inc-A common stock, corresponding to 45,481,645 shares. This ownership is reported with sole voting and dispositive power and no shared authority over the shares.
How many Marqeta (MQ) shares does T. Rowe Price Associates report with sole voting and dispositive power?
T. Rowe Price Associates reports sole voting power over 45,338,489 Marqeta shares and sole dispositive power over 45,481,645 shares. It reports no shared voting or shared dispositive power over Marqeta common stock.
What is the stake of T. Rowe Price Mid-Cap Value Fund in Marqeta (MQ)?
T. Rowe Price Mid-Cap Value Fund has an interest in 20,115,959 Marqeta shares, representing 5.1% of the class. These securities are held in its investment portfolio managed by T. Rowe Price Associates, which advises the fund.
Does T. Rowe Price Associates claim beneficial ownership of Marqeta (MQ) shares held for clients?
T. Rowe Price Associates expressly denies beneficial ownership of the Marqeta shares. It states that the ultimate right to dividends and sale proceeds rests with its individual and institutional clients whose assets it manages.
Who ultimately receives dividends and sale proceeds from the Marqeta (MQ) shares managed by T. Rowe Price?
Dividends and sale proceeds from the Marqeta shares are ultimately receivable by T. Rowe Price’s clients or their custodians or trustee banks. Any discretionary authority delegated to T. Rowe Price as investment adviser may be revoked by these clients.
Is any single T. Rowe Price client reported to own more than 5% of Marqeta (MQ)?
T. Rowe Price states that, aside from a joint filing context with its sponsored funds, no single client subject to its investment advice owns more than 5% of the Marqeta class. The Mid-Cap Value Fund itself holds 5.1% of the class.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
MARQETA INC-A
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
57142B104
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
57142B104
1
Names of Reporting Persons
T. Rowe Price Associates, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MARYLAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
45,338,489.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
45,481,645.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
45,481,645.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.6 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
MARQETA INC-A
(b)
Address of issuer's principal executive offices:
180 GRAND AVENUE, 6TH FLOOR, OAKLAND, CA, 94612
Item 2.
(a)
Name of person filing:
T. Rowe Price Associates, Inc.
(b)
Address or principal business office or, if none, residence:
1307 Point Street, Baltimore, MD 21231
(c)
Citizenship:
Maryland
(d)
Title of class of securities:
COMMON STOCK
(e)
CUSIP No.:
57142B104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
45481645
(b)
Percent of class:
11.6 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
45338489
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
45481645
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Ownership of More than Five Percent on Behalf of Another Person (1) Price Associates does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client's custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the individual and institutional clients which Price Associates serves as investment adviser. Any and all discretionary authority which has been delegated to Price Associates may be revoked in whole or in part at any time. Except as may be indicated if this is a joint filing with one of the registered investment companies sponsored by Price Associates which it also serves as investment adviser ("T. Rowe Price Funds"), not more than 5% of the class of such securities is owned by any one client subject to the investment advice of Price Associates. (2) [T. ROWE PRICE MID-CAP VALUE FUND ]: T. ROWE PRICE MID-CAP VALUE FUND, of which T. Rowe Price Associates, Inc. is the investment adviser, holds the securities reported herein in their investment portfolio managed by T. Rowe Price Associates, Inc. and such funds have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities that they hold. T. ROWE PRICE MID-CAP VALUE FUND has an interest in 20,115,959 of the class reported herein representing 5.1% of the class.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
