Cummings Martha 4

What Happened

• Martha Cummings, a director of Marqeta, sold 14,831 shares in an open-market disposal on June 12, 2026. The weighted average sale price was $3.80 per share for a total proceeds of approximately $56,333. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-06-12.
• Price: weighted average $3.80 per share; individual trades ranged from $3.73 to $3.88 (see footnote F1).
• Shares sold: 14,831; proceeds ≈ $56,333.
• Shares owned after the transaction: not reported in the excerpt of this filing.
• Filing timeliness: Form 4 was filed on 2026-06-16 (within the standard two business-day window after the June 12 transaction).
• Footnote: F1 states the reported price is a weighted average and the seller can provide a breakdown of the number of shares sold at each price in the $3.73–$3.88 range upon request.

Context

• This was an open-market sale by a company director. Sales are routinely used for diversification or liquidity and do not necessarily signal a change in view on the company; no 10b5-1 plan or other reason is specified in the filing. The dollar amount is modest relative to many insider transactions.