Cummings Martha 4
4 · Marqeta, Inc. · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
Marqeta (MQ) Director Martha Cummings Sells 2,853 Shares
What Happened Martha Cummings, a director of Marqeta, sold 2,853 shares of Marqeta common stock in open-market transactions on April 15, 2026. The reported weighted-average sale price was $4.12 per share, for aggregate proceeds of approximately $11,751. This was a sale (transaction code S), which is commonly routine trading by insiders and does not necessarily indicate a change in sentiment.
Key Details
- Transaction date: 2026-04-15 (Form 4 filed 2026-04-16 — within the typical two-business-day reporting window).
- Price: Weighted average $4.12; actual trade prices ranged from $4.08 to $4.14.
- Shares sold: 2,853; proceeds ≈ $11,751.
- Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
- Footnote: The price is a weighted average; the filer states they can provide the number of shares sold at each price within the $4.08–$4.14 range upon request to the issuer, holders, or SEC staff.
Context This was an open-market sale (not an option exercise, gift, or award). Sales by directors can be routine (liquidity or diversification) and are generally less informative about company outlook than purchases; the filing provides no additional explanation for the sale.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-04-15$4.12/sh−2,853$11,751→ 33,263 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.08 to $4.14, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.