Graf R. Mark 4

What Happened

• Graf R. Mark, a director of Marqeta, converted/exercised 36,297 derivative units into shares and was granted 52,219 restricted stock units (RSUs) on June 10, 2026. Both the conversion/exercise and the grant show $0.00 per share in the filing (typical for RSU conversions/awards); no cash proceeds are reported.

Key Details

• Transaction date: June 10, 2026. Prices reported: $0.00 per share for the conversion and the RSU grant.
• Shares involved: 36,297 (conversion/exercise) and 52,219 (RSU award). Total dollar amounts are not provided in the filing.
• Footnotes of note:
  • F1: Transactions exempt from Section 16(b) under Rule 16b-6(b).
  • F2: Each RSU converts to one share of Class A common stock.
  • F3: The 36,297 units were RSUs originally granted June 12, 2025 and vested in full on June 10, 2026.
  • F4: The 52,219 RSUs vest in full on the earlier of June 10, 2027 or the next annual meeting, subject to continued service.
• Shares owned after the transactions are not specified in the provided data.
• Filing: Report filed on June 11, 2026 for transactions on June 10, 2026 (appears timely).

Context

• The entry coded M indicates conversion/exercise of a derivative (here, vested RSUs converting to shares). The $0.00 price lines reflect awards/settlements, not open‑market purchases or cash sales. Receiving RSUs is typically a compensation/retention event rather than a market sentiment trade. The Rule 16b-6(b) exemption means these transactions are not subject to short‑swing profit recovery under Section 16(b).