Form 4 for MQ Marqeta, Inc.
Accepted 2025-06-03 00:00:00 ET · period of report 2025-06-01 · accession 0001964406-25-000006 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-06-03 | 2025-06-01 | MQ | Pollak Todd | Chief Revenue Off | M - OptEx | $0.00 | +148.5K | 483.9K | +44% | $0 |
| DM | 2025-06-03 | 2025-06-01 | MQ | Pollak Todd | Chief Revenue Off | F - Tax | $5.24 | -81.3K | 481.0K | -14% | -$426.0K |
| DM | 2025-06-03 | 2025-06-01 | MQ | Pollak Todd | Chief Revenue Off | M - OptEx | $0.00 | -147.4K | 83.2K | -64% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-06-01 | M | A | 50,367 | $0.00 | 464,184 | D | — | — | (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. |
| 2 | Common | Class A Common Stock | 2025-06-01 | F | D | 27,575 | $5.24 | 436,609 | D | — | — | (F2) Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act. |
| 3 | Common | Class A Common Stock | 2025-06-01 | M | A | 15,836 | $0.00 | 452,445 | D | — | — | (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. |
| 4 | Common | Class A Common Stock | 2025-06-01 | F | D | 8,670 | $5.24 | 443,775 | D | — | — | (F2) Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act. |
| 5 | Common | Class A Common Stock | 2025-06-01 | M | A | 32,251 | $0.00 | 476,026 | D | — | — | (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. |
| 6 | Common | Class A Common Stock | 2025-06-01 | F | D | 17,657 | $5.24 | 458,369 | D | — | — | (F2) Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act. |
| 7 | Common | Class A Common Stock | 2025-06-01 | M | A | 35,143 | $0.00 | 493,512 | D | — | — | (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. |
| 8 | Common | Class A Common Stock | 2025-06-01 | F | D | 19,240 | $5.24 | 474,272 | D | — | — | (F2) Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act. |
| 9 | Common | Class A Common Stock | 2025-06-01 | M | A | 9,556 | $0.00 | 483,828 | D | — | — | (F3) Represents the vesting of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the Reporting Person on March 15, 2024, and includes 119 fewer shares acquired for performance at less than 100%. (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. |
| 10 | Common | Class A Common Stock | 2025-06-01 | F | D | 5,232 | $5.24 | 478,596 | D | — | — | (F2) Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act. |
| 11 | Common | Class A Common Stock | 2025-06-01 | M | A | 5,353 | $0.00 | 483,949 | D | — | — | (F4) Represents the vesting of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the Reporting Person on March 15, 2024, and includes 1,207 additional shares acquired for performance at more than 100%. (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. |
| 12 | Common | Class A Common Stock | 2025-06-01 | F | D | 2,931 | $5.24 | 481,018 | D | — | — | (F2) Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act. |
| 13 | Derivative | Restricted Stock Units | 2025-06-01 | M | D | 50,367 | $0.00 | 302,200 | D | — · — to — | 50,367 Class A Common Stock | (F5) Each restricted stock unit is convertible into one share of Class A Common Stock. (F6) One-fourth (1/4th) of the restricted stock units vested on December 1, 2023, and one-sixteenth (1/16th) of the restricted stock units vest on each March 1, June 1, September 1, and December 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date. |
| 14 | Derivative | Restricted Stock Units | 2025-06-01 | M | D | 15,836 | $0.00 | 47,511 | D | — · — to — | 15,836 Class A Common Stock | (F5) Each restricted stock unit is convertible into one share of Class A Common Stock. (F7) One-third (1/3rd) of the restricted stock units vested on March 1, 2024, and one-twelfth (1/12th) of the restricted stock units vest on each June 1, September 1, December 1, and March 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date. |
| 15 | Derivative | Restricted Stock Units | 2025-06-01 | M | D | 32,251 | $0.00 | 225,759 | D | — · — to — | 32,251 Class A Common Stock | (F5) Each restricted stock unit is convertible into one share of Class A Common Stock. (F8) One-twelfth (1/12th) of the restricted stock units vested on June 1, 2024, and one-twelfth (1/12th) of the restricted stock units vest on each September 1, December 1, March 1 and June 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date. |
| 16 | Derivative | Restricted Stock Units | 2025-06-01 | M | D | 35,143 | $0.00 | 386,584 | D | — · — to — | 35,143 Class A Common Stock | (F5) Each restricted stock unit is convertible into one share of Class A Common Stock. (F9) One-twelfth (1/12th) of the restricted stock units vest on June 1, 2025 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. |
| 17 | Derivative | Performance Stock Units (Gross Profit) | 2025-06-01 | M | D | 9,675 | $0.00 | 194,246 | D | — · — to — | 9,675 Class A Common Stock | (F11) Represents the number of shares which may be issued at target under the performance stock unit ("PSU") over a period of time following achievement of certain profit targets as set forth in the PSU agreement, subject to the Reporting Person's continued service to the Issuer as of each vesting date. At maximum achievement, 200% of the target number of shares would vest. (F5) Each restricted stock unit is convertible into one share of Class A Common Stock. (F10) Represents the disposition of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the Reporting Person on March 15, 2024. |
| 18 | Derivative | Performance Stock Units (Adjusted EBITDA) | 2025-06-01 | M | D | 4,146 | $0.00 | 83,248 | D | — · — to — | 4,146 Class A Common Stock | (F12) Represents the number of shares which may be issued at target under the PSU over a period of time following achievement of certain EBITDA targets as set forth in the PSU agreement, subject to the Reporting Person's continued service to the Issuer as of each vesting date. At maximum achievement, 200% of the target number of shares would vest. (F5) Each restricted stock unit is convertible into one share of Class A Common Stock. (F10) Represents the disposition of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the Reporting Person on March 15, 2024. |