Form 4: Marqeta CRO Sells $720K in Stock Under 10b5-1 Plan

Marqeta's Chief Revenue Officer, Todd Pollak, sold 116,493 shares of Class A Common Stock for approximately $720,800 under a pre-arranged trading plan.

Summary

• Todd Pollak, the Chief Revenue Officer of Marqeta, Inc. (MQ), disposed of 116,493 shares of Class A Common Stock.
• The transaction occurred on August 15, 2025, and was executed under a Rule 10b5-1(c) pre-arranged trading plan.
• The shares were sold at a weighted average price of $6.1886 per share, with prices ranging from $6.15 to $6.24.
• The total value of the shares sold amounts to approximately $720,800.
• Following this transaction, Todd Pollak beneficially owns 364,525 shares of Marqeta's Class A Common Stock.

Sentiment

Score: 4

Explanation: The sale of a significant number of shares by a key executive, even under a pre-arranged plan, can be viewed with slight caution by investors as it reduces insider ownership, though the 10b5-1 plan mitigates immediate negative implications.

Positives

• The sale was conducted under a Rule 10b5-1(c) plan, indicating it was pre-scheduled and not a reaction to recent non-public information, which can mitigate negative market perception.

Negatives

• A significant sale of 116,493 shares by a key executive like the Chief Revenue Officer reduces insider ownership and could be perceived by some investors as a lack of confidence, despite being pre-planned.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing details an individual insider transaction and does not provide broader context on industry trends or competitive landscape within the fintech or payment processing sectors.

Stakeholder Impact

• Shareholders: May interpret the executive's sale as a signal, potentially influencing sentiment, although the 10b5-1 plan suggests it's not based on new negative information.

Key Dates

Keywords

Marqeta, MQ, Insider Sale, Todd Pollak, Chief Revenue Officer, 10b5-1 Plan, Stock Transaction, SEC Form 4, Fintech, Payment Processing