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

Signature
/s/ Tracy Foard, Attorney-in-Fact
Issuer symbol
MQ
Transactions as of
01 Mar 2026
Net transactions value
$0
Form type
4
Filing time
04 Mar 2026, 17:16:00 UTC
Previous filing
03 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Milotich Michael Chief Executive Officer, Director 180 GRAND AVENUE, 6TH FLOOR, OAKLAND /s/ Tracy Foard, Attorney-in-Fact 04 Mar 2026 0001913038

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MQ Class A Common Stock Options Exercise +28,670 +3.2% $0.000000* 922,922 01 Mar 2026 Direct F1
transaction MQ Class A Common Stock Tax liability -15,726 -1.7% $3.89* 907,196 01 Mar 2026 Direct F2
transaction MQ Class A Common Stock Options Exercise +25,407 +2.8% $0.000000* 932,603 01 Mar 2026 Direct F1
transaction MQ Class A Common Stock Tax liability -13,936 -1.5% $3.89* 918,667 01 Mar 2026 Direct F2
transaction MQ Class A Common Stock Options Exercise +23,756 +2.6% $0.000000* 942,423 01 Mar 2026 Direct F1
transaction MQ Class A Common Stock Tax liability -13,031 -1.4% $3.89* 929,392 01 Mar 2026 Direct F2
transaction MQ Class A Common Stock Options Exercise +49,759 +5.4% $0.000000* 979,151 01 Mar 2026 Direct F1
transaction MQ Class A Common Stock Tax liability -27,293 -2.8% $3.89* 951,858 01 Mar 2026 Direct F2
transaction MQ Class A Common Stock Options Exercise +41,837 +4.4% $0.000000* 993,695 01 Mar 2026 Direct F1
transaction MQ Class A Common Stock Tax liability -22,948 -2.3% $3.89* 970,747 01 Mar 2026 Direct F2
transaction MQ Class A Common Stock Options Exercise +68,105 +7% $0.000000* 1,038,852 01 Mar 2026 Direct F1
transaction MQ Class A Common Stock Tax liability -37,356 -3.6% $3.89* 1,001,496 01 Mar 2026 Direct F2
transaction MQ Class A Common Stock Options Exercise +14,746 +1.5% $0.000000* 1,016,242 01 Mar 2026 Direct F1, F3
transaction MQ Class A Common Stock Tax liability -7,909 -0.78% $3.89* 1,008,333 01 Mar 2026 Direct F2, F4
transaction MQ Class A Common Stock Options Exercise +8,259 +0.82% $0.000000* 1,016,592 01 Mar 2026 Direct F1, F5
transaction MQ Class A Common Stock Tax liability -4,531 -0.45% $3.89* 1,012,061 01 Mar 2026 Direct F2
transaction MQ Class A Common Stock Options Exercise +54,648 +5.4% $0.000000* 1,066,709 01 Mar 2026 Direct F1, F6
transaction MQ Class A Common Stock Tax liability -29,975 -2.8% $3.89* 1,036,734 01 Mar 2026 Direct F2
transaction MQ Class A Common Stock Options Exercise +43,032 +4.2% $0.000000* 1,079,766 01 Mar 2026 Direct F1, F7
transaction MQ Class A Common Stock Tax liability -23,604 -2.2% $3.89* 1,056,162 01 Mar 2026 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 -28,670 -100% $0.000000* 0 01 Mar 2026 Class A Common Stock 28,670 Direct F1, F8, F9
transaction MQ Restricted Stock Units Options Exercise -25,407 -100% $0.000000* 0 01 Mar 2026 Class A Common Stock 25,407 Direct F1, F8, F9
transaction MQ Restricted Stock Units Options Exercise -23,756 -100% $0.000000* 0 01 Mar 2026 Class A Common Stock 23,756 Direct F1, F8, F10
transaction MQ Restricted Stock Units Options Exercise -49,759 -20% $0.000000* 199,037 01 Mar 2026 Class A Common Stock 49,759 Direct F1, F8, F11
transaction MQ Restricted Stock Units Options Exercise -41,837 -11% $0.000000* 334,693 01 Mar 2026 Class A Common Stock 41,837 Direct F1, F8, F12
transaction MQ Restricted Stock Units Options Exercise -68,105 -9.1% $0.000000* 681,050 01 Mar 2026 Class A Common Stock 68,105 Direct F1, F8, F13
transaction MQ Performance Stock Units (Gross Profit) Options Exercise -14,927 -6.6% $0.000000* 210,323 01 Mar 2026 Class A Common Stock 14,927 Direct F1, F8, F14, F15
transaction MQ Performance Stock Units (Adjusted EBITDA) Options Exercise -6,398 -6.6% $0.000000* 90,138 01 Mar 2026 Class A Common Stock 6,398 Direct F1, F8, F14, F16
transaction MQ Performance Stock Units (Gross Profit) Options Exercise -50,204 -33% $0.000000* 100,407 01 Mar 2026 Class A Common Stock 50,204 Direct F1, F8, F15, F17
transaction MQ Performance Stock Units (Adjusted EBITDA) Options Exercise -21,516 -33% $0.000000* 43,032 01 Mar 2026 Class A Common Stock 21,516 Direct F1, F8, F16, F17
* 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 181 fewer shares acquired for performance at less than 100%.
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.
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%.
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%.
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%.
F8 Each restricted stock unit is convertible into one share of Class A Common Stock.
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.
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.
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.
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.
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.
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.
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.
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.
F17 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, 2025.

Remarks:

Chief Executive Officer