Marqeta, Inc.·4

Jun 11, 5:21 PM ET

Atkinson Najuma 4

Research Summary

AI-generated summary

Updated

Marqeta (MQ) Director Najuma Atkinson Exercises and Receives Award

What Happened

  • Najuma Atkinson, a director of Marqeta, on 2026-06-10 converted/exercised 36,297 derivative units into shares (reported as acquired at $0) and a simultaneous derivative disposition of 36,297 shares is also reported. On the same date she was granted 52,219 restricted stock units (RSUs) at $0.
  • All transactions show $0 per share (these are equity award/derivative conversions, not open‑market cash purchases or sales). The filing does not report a cash value received or paid in the report itself.

Key Details

  • Transaction date: June 10, 2026. Exercise/conversion and disposal entries coded M (derivative exercise/conversion); grant coded A (award).
  • Prices: $0.00 per share for all reported entries (typical for RSU conversions/grants).
  • Shares involved: 36,297 (converted/disposed) and 52,219 RSUs granted.
  • Shares owned after transaction: not specified in the provided excerpt of the filing.
  • Notable footnotes:
    • F1: Transactions exempt from Section 16(b) under Rule 16b-6(b).
    • F2: Each RSU converts 1-for-1 into Class A common stock.
    • F3: The 36,297 units were RSUs granted on June 12, 2025 that vested in full on June 10, 2026.
    • F4: The 52,219 RSUs have vesting that occurs no later than June 10, 2027 (or the next annual meeting), subject to continued service.
  • Timeliness: Filing dated June 11, 2026 for transactions on June 10, 2026 — appears timely (no late filing flag).

Context

  • The report shows conversion/exercise of vested RSUs and a new RSU grant. The paired acquisition and disposition of 36,297 derivative shares reflects award conversion/settlement mechanics disclosed in the footnotes (not an open‑market sale). RSU grants and conversions are common director compensation events and are informational rather than a clear buy/sell signal.