Crystal Sumner - 01 Mar 2024 Form 4 Insider Report for Marqeta, Inc. (MQ)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Mar 2024, 18:12:24 UTC
Prior SEC filing
17 Mar 2023
Next SEC filing
19 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Tracy Foard, Attorney-in-Fact

Key filing fact

Crystal Sumner filed Form 4 for Marqeta, Inc. (MQ) on 05 Mar 2024.

Key facts

  • This page summarizes Crystal Sumner's Form 4 filing for Marqeta, Inc. (MQ).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 05 Mar 2024, 18:12.

Change

  • Previous filing in this sequence was filed on 17 Mar 2023.
  • Current net transaction value: -$275,834.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MQ transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+109,274
Change %
Price
$0.000000
Shares after
109,274
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1
MQ transaction

Class A Common Stock

Tax liability

Transaction value
$275,834
Shares
-43,099
Change %
-39%
Price
$6.40
Shares after
66,175
Date
01 Mar 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MQ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-109,274
Change %
-25%
Price
$0.000000
Shares after
327,822
Date
01 Mar 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
109,274
Exercise price
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote 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.

Footnote F3

Each restricted stock unit is convertible into one share of Class A Common Stock.

Footnote F4

One-fourth (1/4th) of the restricted stock units vest on March 1, 2024, and an additional one-sixteenth (1/16th) 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.

SEC remarks

Chief Administrative Officer and Corporate Secretary

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