Cummings Martha 4

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.