Atkinson Najuma 4

What Happened

• Najuma Atkinson, a director of Marqeta, converted 30,863 restricted stock units (RSUs) into Class A common stock on April 17, 2026 (reported as an exercise/conversion). The filing also records a same-day derivative disposition of 30,863 shares reported at $0 (reflecting the RSU conversion/settlement line). On April 20, 2026 she sold 9,259 shares in the open market at a weighted average price of $4.44 for total proceeds of $41,122. These transactions are disposals (sales), not purchases.

Key Details

• Transaction dates: April 17, 2026 (RSU conversion); April 20, 2026 (open-market sale)
• Open-market sale: 9,259 shares at a weighted average price of $4.44 for $41,122 (individual sale prices ranged $4.41–$4.45)
• RSU conversion: 30,863 RSUs converted into 30,863 shares (reported with a $0 disposition entry on 4/17)
• Footnotes: Transaction exempt from Section 16(b) under Rule 16b-6(b) (F1); pricing range and weighted-average detail provided (F2); RSUs convert 1:1 into Class A shares (F3); RSU vesting schedule was 1/3 on 4/30/2024, 1/3 on 4/17/2025, and 1/3 on 4/17/2026 (F4)
• Filing timeliness: Report filed on April 21, 2026; this is within the Form 4 reporting window for a 4/17 transaction (not indicated as late)
• Shares owned after transaction: Not specified in the provided filing details

Context

• The 30,863-share conversion corresponds to vested RSUs (per the vesting schedule). The separate $0 derivative disposition line in the Form 4 typically reflects the administrative conversion/settlement of RSUs rather than a market sale; the actual open-market sale was 9,259 shares for cash. Sales by insiders can be routine (e.g., to cover taxes or diversify); this filing documents disposals rather than an outright purchase.