Barkema Sarah 4

What Happened
Sarah Barkema, Principal Accounting Officer at Marqeta, was granted 406,589 restricted stock units (RSUs) on March 16, 2026. The grant is recorded at $0.00 per unit (award/derivative transaction type), and each RSU is convertible into one share of Class A common stock upon vesting. This was a compensation award, not an open‑market purchase or sale.

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (reporting period 2026-03-16).
• Transaction type/code: Award/Grant (A); 406,589 RSUs granted at $0.00.
• Conversion: Each RSU converts to one share of Class A Common Stock (Footnote F1).
• Vesting schedule: 1/12 of the RSUs vest on June 1, 2026, then 1/12 of the remaining units vest quarterly on each Sept 1, Dec 1, Mar 1 and June 1 thereafter until fully vested, subject to continued service (Footnote F2).
• Shares owned after transaction: Not stated in the filing.
• Filing timeliness: Filing date is March 18, 2026 for a March 16, 2026 grant; the filing does not indicate a late-report flag in the provided data.

Context
RSU grants are a form of compensation and do not produce immediately tradable shares until vesting and conversion; they are not the same as an open‑market insider purchase (which some investors view as a bullish signal). No sale or exercise occurred — this is a forward-looking award tied to continued service and the specified vesting schedule.