Form 4: Marqeta's Chief Revenue Officer, Todd Pollak, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Todd Pollak, Chief Revenue Officer of Marqeta, Inc., reports transactions involving Class A Common Stock and Restricted Stock Units on March 1, 2024.
Summary
- On March 1, 2024, Todd Pollak, the Chief Revenue Officer of Marqeta, Inc., engaged in transactions involving the company's Class A Common Stock and Restricted Stock Units.
- These transactions included the vesting of restricted stock units and the subsequent withholding of shares to cover tax obligations.
- Pollak's direct ownership of Class A Common Stock following these transactions is 188,826 shares.
- He also holds 126,694 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing detailing stock transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider activity related to compensation.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of earliest transaction involving Class A Common Stock and Restricted Stock Units. |
| 03/01/2024 | One-third (1/3rd) of the restricted stock units vested. |
| 03/05/2024 | Date of signature by Attorney-in-Fact. |
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