Key facts
- This page summarizes Michael Milotich's Form 4 filing for Marqeta, Inc. (MQ).
- 21 reported transactions and 7 derivative rows are listed below.
- Accepted by SEC: 03 Jun 2025, 17:23.
Michael Milotich - 01 Jun 2025 Form 4 Insider Report for Marqeta, Inc. (MQ)
- Reporting relationship
- Interim Chief Executive Officer and Chief Financial Officer
- Issuer ticker
- MQ
- Reported as of
- 01 Jun 2025
- Net transaction value
- -$550,588
- SEC form
- 4
- Accepted by SEC
- 03 Jun 2025, 17:23:29 UTC
- Prior SEC filing
- 18 Mar 2025
- Next SEC filing
- 03 Sep 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Tracy Foard, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael Milotich filed Form 4 for Marqeta, Inc. (MQ) on 03 Jun 2025.
Change
- Previous filing in this sequence was filed on 18 Mar 2025.
- Current net transaction value: -$550,588.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
CIK 0001913038
Primary reporting owner
Milotich Michael
- Relationship
- Interim Chief Executive Officer and Chief Financial Officer
- Address
- 180 GRAND AVENUE, 6TH FLOOR, OAKLAND
- Signature
- /s/ Tracy Foard, Attorney-in-Fact
- Signature date
- 03 Jun 2025
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
- +28,670
- Change %
- +4.8%
- Price
- $0.000000
- Shares after
- 630,559
- Date
- 01 Jun 2025
- Ownership
- Direct
- Footnotes
- F1
MQ
transaction
Class A Common Stock
Tax liability
- Transaction value
- $82,032
- Shares
- -15,655
- Change %
- -2.5%
- Price
- $5.24
- Shares after
- 614,904
- Date
- 01 Jun 2025
- Ownership
- Direct
- Footnotes
- F2
MQ
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +25,406
- Change %
- +4.1%
- Price
- $0.000000
- Shares after
- 640,310
- Date
- 01 Jun 2025
- Ownership
- Direct
- Footnotes
- F1
MQ
transaction
Class A Common Stock
Tax liability
- Transaction value
- $72,695
- Shares
- -13,873
- Change %
- -2.2%
- Price
- $5.24
- Shares after
- 626,437
- Date
- 01 Jun 2025
- Ownership
- Direct
- Footnotes
- F2
MQ
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +23,755
- Change %
- +3.8%
- Price
- $0.000000
- Shares after
- 650,192
- Date
- 01 Jun 2025
- Ownership
- Direct
- Footnotes
- F1
MQ
transaction
Class A Common Stock
Tax liability
- Transaction value
- $67,968
- Shares
- -12,971
- Change %
- -2%
- Price
- $5.24
- Shares after
- 637,221
- Date
- 01 Jun 2025
- Ownership
- Direct
- Footnotes
- F2
MQ
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +49,759
- Change %
- +7.8%
- Price
- $0.000000
- Shares after
- 686,980
- Date
- 01 Jun 2025
- Ownership
- Direct
- Footnotes
- F1
MQ
transaction
Class A Common Stock
Tax liability
- Transaction value
- $142,371
- Shares
- -27,170
- Change %
- -4%
- Price
- $5.24
- Shares after
- 659,810
- Date
- 01 Jun 2025
- Ownership
- Direct
- Footnotes
- F2
MQ
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +41,836
- Change %
- +6.3%
- Price
- $0.000000
- Shares after
- 701,646
- Date
- 01 Jun 2025
- Ownership
- Direct
- Footnotes
- F1
MQ
transaction
Class A Common Stock
Tax liability
- Transaction value
- $119,703
- Shares
- -22,844
- Change %
- -3.3%
- Price
- $5.24
- Shares after
- 678,802
- Date
- 01 Jun 2025
- Ownership
- Direct
- Footnotes
- F2
MQ
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +14,744
- Change %
- +2.2%
- Price
- $0.000000
- Shares after
- 693,546
- Date
- 01 Jun 2025
- Ownership
- Direct
- Footnotes
- F1, F3
MQ
transaction
Class A Common Stock
Tax liability
- Transaction value
- $42,187
- Shares
- -8,051
- Change %
- -1.2%
- Price
- $5.24
- Shares after
- 685,495
- Date
- 01 Jun 2025
- Ownership
- Direct
- Footnotes
- F2
MQ
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +8,259
- Change %
- +1.2%
- Price
- $0.000000
- Shares after
- 693,754
- Date
- 01 Jun 2025
- Ownership
- Direct
- Footnotes
- F1, F4
MQ
transaction
Class A Common Stock
Tax liability
- Transaction value
- $23,632
- Shares
- -4,510
- Change %
- -0.65%
- Price
- $5.24
- Shares after
- 689,244
- Date
- 01 Jun 2025
- 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
- -28,670
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 86,009
- Date
- 01 Jun 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 28,670
- Exercise price
- Footnotes
- F1, F5, F6
MQ
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -25,406
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 76,220
- Date
- 01 Jun 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 25,406
- Exercise price
- Footnotes
- F1, F5, F6
MQ
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -23,755
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 71,266
- Date
- 01 Jun 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 23,755
- Exercise price
- Footnotes
- F1, F5, F7
MQ
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -49,759
- Change %
- -12%
- Price
- $0.000000
- Shares after
- 348,314
- Date
- 01 Jun 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 49,759
- Exercise price
- Footnotes
- F1, F5, F8
MQ
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -41,836
- Change %
- -8.3%
- Price
- $0.000000
- Shares after
- 460,203
- Date
- 01 Jun 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 41,836
- Exercise price
- Footnotes
- F5, F9
MQ
transaction
Derivative
Performance Stock Units (Gross Profit)
Options Exercise
- Transaction value
- $0
- Shares
- -14,927
- Change %
- -5.5%
- Price
- $0.000000
- Shares after
- 255,105
- Date
- 01 Jun 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 14,927
- Exercise price
- Footnotes
- F1, F5, F10, F11
MQ
transaction
Derivative
Performance Stock Units (Adjusted EBITDA)
Options Exercise
- Transaction value
- $0
- Shares
- -6,397
- Change %
- -5.5%
- Price
- $0.000000
- Shares after
- 109,331
- Date
- 01 Jun 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 6,397
- Exercise price
- Footnotes
- F1, F5, F10, F12
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 12 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
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 183 fewer shares acquired for performance at less than 100%.
Footnote 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 1,862 additional shares acquired for performance at more than 100%.
Footnote F5
Each restricted stock unit is convertible into one share of Class A Common Stock.
Footnote F6
One-fourth (1/4th) of the restricted stock units vested on March 1, 2023, and 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.
Footnote F7
One-twelfth (1/12th) of the restricted stock units vested on March 1, 2023, 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.
Footnote 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.
Footnote 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.
Footnote 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.
Footnote 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.
Footnote 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.
SEC remarks
Interim Chief Executive Officer and Chief Financial Officer