Form 4: Marqeta Director Sells 12,712 Shares in Pre-Planned Trade

Marqeta Director Martha Cummings sold 12,712 shares of Class A Common Stock for a weighted average price of $4.9483 per share.

Summary

• Marqeta, Inc. Director Martha Cummings disposed of 12,712 shares of Class A Common Stock.
• The transaction occurred on December 11, 2025, at a weighted average price of $4.9483 per share.
• The shares were sold in multiple transactions with prices ranging from $4.91 to $5.00, inclusive.
• Following this transaction, Martha Cummings directly beneficially owns 44,675 shares of Class A Common Stock.
• The sale was executed pursuant to a Rule 10b5-1(c) pre-planned contract, instruction, or written plan.

Sentiment

Score: 4

Explanation: A director's sale of shares, even if pre-planned under a 10b5-1 plan, is generally viewed with slight caution by the market as it represents a reduction in insider ownership, though it doesn't necessarily indicate a lack of confidence.

Negatives

• A director reducing their stake in the company, even if pre-planned, can sometimes be interpreted by the market as a lack of strong conviction or a move to diversify.

Future Outlook

This filing is a transactional report and does not contain forward-looking statements or guidance.

Industry Context

This is an individual insider transaction report and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders may interpret the director's sale as a signal, potentially influencing market sentiment, although the pre-planned nature mitigates some concerns.

Key Dates

Keywords

Marqeta, MQ, Insider Sale, Form 4, Director Transaction, Stock Sale, Beneficial Ownership, 10b5-1 Plan