SEC Form 4 · accession 0002111579-26-000007
Marqeta, Inc. · MQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patti Kangwankij
Officer — Chief Financial Officer
Period of report
Jun 30, 2026
Accepted (ET)
Jul 2, 2026 · 5:35 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001522540
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock Units (Rule of 40)F4,F2,F3 | — | holding | — | — | — | — | — | Class A Common Stock | 157,953 | 157,953 | D |
| Restricted Stock UnitsF7,F5,F6 | — | holding | — | — | — | — | — | Class A Common Stock | 368,557 | 368,557 | D |
Explanation of responses
- F1The 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.
- F2Each performance stock unit ("PSU") is convertible into one share of Class A Common Stock.
- F3Represents the number of shares which may be issued at target under the PSU, granted March 16, 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,
- F4The number of shares subject to PSUs reflects the Reverse Stock Split.
- F5Each restricted stock unit ("RSU") is convertible into one share of Class A Common Stock.
- F6This RSU grant, originally granted March 16, 2026 for 157,953 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 March 1, 2027 and one-twelfth (1/12th) of the remaining restricted stock units vest quarterly on each June 1, September 1, December 1 and March 1 thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date.
- F7The number of shares subject to RSUs reflects the Reverse Stock Split.