Form 4: Marqeta CTO Receives Stock Units

Marqeta, Inc. reports that Chief Technology Officer Lukasz Strozek was granted performance and restricted stock units.

Summary

• Lukasz Strozek, Chief Technology Officer of Marqeta, Inc., was granted Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) on June 15, 2026.
• The PSUs represent 482,536 shares of Class A Common Stock, with potential for up to 200% vesting based on achieving gross profit and adjusted EBITDA targets.
• The RSUs represent 1,930,156 shares of Class A Common Stock, with vesting scheduled to begin on June 1, 2027, and continuing quarterly thereafter.
• Both grants are subject to Strozek's continued service to Marqeta.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard executive compensation event rather than a significant financial or strategic development.

Positives

• Grant of performance stock units indicates management's focus on achieving specific financial targets (gross profit and adjusted EBITDA).
• Grant of restricted stock units aligns management's long-term interests with shareholder value through continued service.
• The total number of shares underlying these grants (2,412,692) represents a significant incentive for the CTO.

Negatives

• The vesting of these stock units is contingent on continued employment, meaning the CTO could forfeit them if they leave the company.
• Performance targets for PSUs are not detailed, making it difficult to assess the likelihood of vesting.

Risks

• Failure to meet performance targets for the PSUs could result in the forfeiture of those units.
• Cessation of employment before vesting dates would lead to forfeiture of unvested RSUs and PSUs.
• The value of these stock units is subject to the market performance of Marqeta's Class A Common Stock.

Future Outlook

The future outlook for the granted stock units depends on the company achieving specific gross profit and adjusted EBITDA targets for the PSUs, and the continued service of the Chief Technology Officer for both PSU and RSU grants.

Industry Context

StockSavvy.ai notes that the granting of performance and restricted stock units is a common practice in the fintech and technology sectors to incentivize and retain key executive talent, aligning their compensation with company performance and long-term growth.

Stakeholder Impact

• Shareholders: The issuance of these units could lead to future dilution if vested, but also signals management commitment to performance.
• Employees: May indicate a focus on performance-driven culture within the technology department.
• Management: Directly impacts the compensation and incentives of the Chief Technology Officer.

Next Steps

• Vesting of Restricted Stock Units according to the schedule starting June 1, 2027.
• Achievement of performance targets for Performance Stock Units to trigger vesting.
• Continued service of Lukasz Strozek to Marqeta to ensure vesting.

Key Dates

Keywords

Marqeta, MQ, Form 4, Stock Options, Restricted Stock Units, Performance Stock Units, Executive Compensation, Insider Trading, SEC Filing, Technology Officer