Paul Elaine 4
Research Summary
AI-generated summary
Marqeta (MQ) Director Paul Elaine Sells 17,452 Shares
What Happened Paul Elaine, a director of Marqeta, sold 17,452 shares of Marqeta common stock in an open-market transaction on April 21, 2026. The reported weighted-average price was $4.47 per share, for total proceeds of approximately $78,023. This was a sale (not a purchase or option exercise), which is typically routine insider selling.
Key Details
- Transaction date: 2026-04-21; Filing date: 2026-04-22 (filed the next day).
- Transaction type: Sale (open market/private sale code S).
- Shares sold: 17,452 at a weighted-average price of $4.47; total proceeds ≈ $78,023.
- Price range: sales occurred across prices from $4.42 to $4.53 (per footnote).
- Footnote: The filer can provide a breakdown of the number of shares sold at each price within the $4.42–$4.53 range upon request (see Footnote F1).
- Shares owned after the transaction: not specified in the provided excerpt of the Form 4.
Context Insider sales are common and can reflect many reasons unrelated to company fundamentals (liquidity needs, portfolio rebalancing, tax planning). This filing appears timely (reported the day after the transaction). No 10b5-1 plan, tax withholding, option exercise, or gifting notation was indicated in the provided information.