Michael Milotich - 01 Mar 2026 Form 4 Insider Report for Marqeta, Inc. (MQ)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: MQ
Reported as of: 01 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 04 Mar 2026, 17:16:00 UTC
Prior SEC filing: 03 Dec 2025
Next SEC filing: 11 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Tracy Foard, Attorney-in-Fact

Key filing fact

Michael Milotich filed Form 4 for Marqeta, Inc. (MQ) on 04 Mar 2026.

Key facts

This page summarizes Michael Milotich's Form 4 filing for Marqeta, Inc. (MQ).
30 reported transactions and 10 derivative rows are listed below.
Accepted by SEC: 04 Mar 2026, 17:16.

Change

Previous filing in this sequence was filed on 03 Dec 2025.
Current net transaction value: $0.

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

Reporting Owners (1)

CIK 0001913038 Primary reporting owner

Milotich Michael

Relationship: Chief Executive Officer, Director
Address: 180 GRAND AVENUE, 6TH FLOOR, OAKLAND
Signature: /s/ Tracy Foard, Attorney-in-Fact
Signature date: 04 Mar 2026

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
Shares: +28,670
Change %: +3.2%
Price: $0.000000^*
Shares after: 922,922
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F1

MQ transaction

Class A Common Stock

Tax liability

Transaction value
Shares: -15,726
Change %: -1.7%
Price: $3.89^*
Shares after: 907,196
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F2

MQ transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +25,407
Change %: +2.8%
Price: $0.000000^*
Shares after: 932,603
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F1

MQ transaction

Class A Common Stock

Tax liability

Transaction value
Shares: -13,936
Change %: -1.5%
Price: $3.89^*
Shares after: 918,667
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F2

MQ transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +23,756
Change %: +2.6%
Price: $0.000000^*
Shares after: 942,423
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F1

MQ transaction

Class A Common Stock

Tax liability

Transaction value
Shares: -13,031
Change %: -1.4%
Price: $3.89^*
Shares after: 929,392
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F2

MQ transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +49,759
Change %: +5.4%
Price: $0.000000^*
Shares after: 979,151
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F1

MQ transaction

Class A Common Stock

Tax liability

Transaction value
Shares: -27,293
Change %: -2.8%
Price: $3.89^*
Shares after: 951,858
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F2

MQ transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +41,837
Change %: +4.4%
Price: $0.000000^*
Shares after: 993,695
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F1

MQ transaction

Class A Common Stock

Tax liability

Transaction value
Shares: -22,948
Change %: -2.3%
Price: $3.89^*
Shares after: 970,747
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F2

MQ transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +68,105
Change %: +7%
Price: $0.000000^*
Shares after: 1,038,852
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F1

MQ transaction

Class A Common Stock

Tax liability

Transaction value
Shares: -37,356
Change %: -3.6%
Price: $3.89^*
Shares after: 1,001,496
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F2

MQ transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +14,746
Change %: +1.5%
Price: $0.000000^*
Shares after: 1,016,242
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F1, F3

MQ transaction

Class A Common Stock

Tax liability

Transaction value
Shares: -7,909
Change %: -0.78%
Price: $3.89^*
Shares after: 1,008,333
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F2, F4

MQ transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +8,259
Change %: +0.82%
Price: $0.000000^*
Shares after: 1,016,592
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F1, F5

MQ transaction

Class A Common Stock

Tax liability

Transaction value
Shares: -4,531
Change %: -0.45%
Price: $3.89^*
Shares after: 1,012,061
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F2

MQ transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +54,648
Change %: +5.4%
Price: $0.000000^*
Shares after: 1,066,709
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F1, F6

MQ transaction

Class A Common Stock

Tax liability

Transaction value
Shares: -29,975
Change %: -2.8%
Price: $3.89^*
Shares after: 1,036,734
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F2

MQ transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +43,032
Change %: +4.2%
Price: $0.000000^*
Shares after: 1,079,766
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F1, F7

MQ transaction

Class A Common Stock

Tax liability

Transaction value
Shares: -23,604
Change %: -2.2%
Price: $3.89^*
Shares after: 1,056,162
Date: 01 Mar 2026
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
Shares: -28,670
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 28,670
Exercise price
Footnotes: F1, F8, F9

MQ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -25,407
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 25,407
Exercise price
Footnotes: F1, F8, F9

MQ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -23,756
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 23,756
Exercise price
Footnotes: F1, F8, F10

MQ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -49,759
Change %: -20%
Price: $0.000000^*
Shares after: 199,037
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 49,759
Exercise price
Footnotes: F1, F8, F11

MQ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -41,837
Change %: -11%
Price: $0.000000^*
Shares after: 334,693
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 41,837
Exercise price
Footnotes: F1, F8, F12

MQ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -68,105
Change %: -9.1%
Price: $0.000000^*
Shares after: 681,050
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 68,105
Exercise price
Footnotes: F1, F8, F13

MQ transaction Derivative

Performance Stock Units (Gross Profit)

Options Exercise

Transaction value
Shares: -14,927
Change %: -6.6%
Price: $0.000000^*
Shares after: 210,323
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 14,927
Exercise price
Footnotes: F1, F8, F14, F15

MQ transaction Derivative

Performance Stock Units (Adjusted EBITDA)

Options Exercise

Transaction value
Shares: -6,398
Change %: -6.6%
Price: $0.000000^*
Shares after: 90,138
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 6,398
Exercise price
Footnotes: F1, F8, F14, F16

MQ transaction Derivative

Performance Stock Units (Gross Profit)

Options Exercise

Transaction value
Shares: -50,204
Change %: -33%
Price: $0.000000^*
Shares after: 100,407
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 50,204
Exercise price
Footnotes: F1, F8, F15, F17

MQ transaction Derivative

Performance Stock Units (Adjusted EBITDA)

Options Exercise

Transaction value
Shares: -21,516
Change %: -33%
Price: $0.000000^*
Shares after: 43,032
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 21,516
Exercise price
Footnotes: F1, F8, F16, F17

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 17 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 181 fewer shares acquired for performance at less than 100%.

Footnote F4

Due to an administrative error on a previously filed Form 4, the number of shares withheld by the Issuer to satisfy tax withholding and remittance obligations was overstated by 180 shares and has been subtracted on this form for reconciliation purposes.

Footnote F5

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 1,861 additional shares acquired for performance at more than 100%.

Footnote F6

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, 2025, and includes 4,444 additional shares acquired for performance at more than 100%.

Footnote F7

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, 2025, and includes 21,516 additional shares acquired for performance at more than 100%.

Footnote F8

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

Footnote F9

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 until fully vested, subject to the Reporting Person's continued service with the Issuer as of each vesting date.

Footnote F10

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 until fully vested, subject to the Reporting Person's continued service with the Issuer as of each vesting date.

Footnote F11

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 until fully vested, subject to the Reporting Person's continued service with the Issuer as of each vesting date.

Footnote F12

One-twelfth (1/12th) of the restricted stock units vested 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 until fully vested, subject to the Reporting Person's continued service to the Issuer as of each vesting date.

Footnote F13

One-twelfth (1/12th) of the restricted stock units vest on December 1, 2025 and one-twelfth (1/12th) of the remaining restricted stock units vest quarterly on each March 1, June 1, September 1, and December 1 thereafter until fully vested, subject to the Reporting Person's continued service to the Issuer as of each vesting date.

Footnote F14

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 F15

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 F16

Represents the number of shares which may be issued at target under the PSU over a period of time following achievement of certain adjusted 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.

Footnote F17

SEC remarks

Chief Executive Officer