Crystal Sumner - Sep 1, 2025 Form 4 Insider Report for Marqeta, Inc. (MQ)

Signature
/s/ Tracy Foard, Attorney-in-Fact
Stock symbol
MQ
Transactions as of
Sep 1, 2025
Transactions value $
-$406,085
Form type
4
Date filed
9/3/2025, 05:03 PM
Previous filing
Jun 3, 2025
Next filing
Sep 11, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Sumner Crystal Chief Administrative Officer and Corporate Secretary 180 GRAND AVENUE, 6TH FLOOR, OAKLAND /s/ Tracy Foard, Attorney-in-Fact 2025-09-03 0001870987

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MQ Class A Common Stock Options Exercise $0 +27.3K +9.98% $0.00 301K Sep 1, 2025 Direct F1
transaction MQ Class A Common Stock Tax liability -$92.2K -15K -4.96% $6.17 286K Sep 1, 2025 Direct F2
transaction MQ Class A Common Stock Options Exercise $0 +36.9K +12.88% $0.00 323K Sep 1, 2025 Direct F1
transaction MQ Class A Common Stock Tax liability -$124K -20.2K -6.24% $6.17 303K Sep 1, 2025 Direct F2
transaction MQ Class A Common Stock Options Exercise $0 +39K +12.89% $0.00 342K Sep 1, 2025 Direct F1
transaction MQ Class A Common Stock Tax liability -$132K -21.4K -6.25% $6.17 321K Sep 1, 2025 Direct F2
transaction MQ Class A Common Stock Options Exercise $0 +10.9K +3.41% $0.00 331K Sep 1, 2025 Direct F1, F3
transaction MQ Class A Common Stock Tax liability -$36.9K -5.98K -1.8% $6.17 325K Sep 1, 2025 Direct F2
transaction MQ Class A Common Stock Options Exercise $0 +6.12K +1.88% $0.00 332K Sep 1, 2025 Direct F1, F4
transaction MQ Class A Common Stock Tax liability -$20.7K -3.35K -1.01% $6.17 328K Sep 1, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MQ Restricted Stock Units Options Exercise $0 -27.3K -14.29% $0.00 164K Sep 1, 2025 Class A Common Stock 27.3K Direct F1, F5, F6
transaction MQ Restricted Stock Units Options Exercise $0 -36.9K -14.29% $0.00 221K Sep 1, 2025 Class A Common Stock 36.9K Direct F1, F5, F7
transaction MQ Restricted Stock Units Options Exercise $0 -39K -9.09% $0.00 390K Sep 1, 2025 Class A Common Stock 39K Direct F1, F5, F8
transaction MQ Performance Stock Units (Gross Profit) Options Exercise $0 -11.1K -5.07% $0.00 207K Sep 1, 2025 Class A Common Stock 11.1K Direct F1, F5, F9, F10
transaction MQ Performance Stock Units (Adjusted EBITDA) Options Exercise $0 -4.74K -5.07% $0.00 88.7K Sep 1, 2025 Class A Common Stock 4.74K Direct F1, F5, F9, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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.
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 136 fewer shares acquired for performance at less than 100%.
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 1,379 additional shares acquired for performance at more than 100%
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 March 1, 2024, 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.
F7 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.
F8 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.
F9 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.
F10 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.
F11 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.

Remarks:

Chief Administrative Officer and Corporate Secretary