Cummings Martha 4

What Happened
Martha Cummings, a director of Marqeta, Inc. (MQ), sold 2,853 shares on 2026-05-15 in an open-market transaction. The filing reports a weighted-average sale price of $3.85 per share, for aggregate proceeds of approximately $10,981. This was a sale (not a purchase or exercise), which is often routine insider selling rather than a direct signal of company outlook.

Key Details

• Transaction date: 2026-05-15; Filing date: 2026-05-18 (filed within the typical Form 4 reporting window).
• Reported price: weighted average $3.85; footnote states shares were sold in multiple trades at prices ranging $3.80–$3.90.
• Shares sold: 2,853; proceeds ≈ $10,981.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote: Reporting person will provide, on request, a breakdown of the number of shares sold at each separate price within the $3.80–$3.90 range. No 10b5‑1 plan, gift, exercise, or tax-withholding notation was provided in the supplied data.

Context
Sales by directors can be for many personal reasons (diversification, liquidity, etc.) and are common; they do not, by themselves, confirm a change in company fundamentals. For retail investors, note this is a small-dollar sale relative to typical executive transactions and was reported promptly.