Pollak Todd 4

4 · Marqeta, Inc. · Filed Mar 18, 2026

AI-generated summary of this filing

Updated Mar 18, 2026

Marqeta (MQ) CRO Todd Pollak Receives RSU and PSU Awards

What Happened

Todd Pollak, Chief Revenue Officer of Marqeta, was granted two awards on 2026-03-16: 693,756 restricted stock units (RSUs) and 297,324 performance stock units (PSUs). Both awards are reported as derivative awards with a $0 per-unit acquisition price (typical for stock grants) and convert one-for-one into Class A common shares.

Key Details

Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (timely filing).
Awards: 693,756 RSUs (F1/F2) and 297,324 PSUs (F3/F4); total = 991,080 units.
Vesting (RSUs): 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, subject to continued service (F2).
Vesting (PSUs): PSUs convert 1:1 to shares upon achievement of specified gross profit and adjusted EBITDA targets; units are granted at target and may pay out up to 200% if maximum performance is achieved (F4).
Shares owned after transaction: not specified in the provided filing excerpt.
Transaction code: A = Grant/Award (derivative securities). No 10b5-1 plan, tax-withholding sale, or late filing indicated in the provided data.

Context

These are time- and performance-based equity awards, not open-market purchases or sales; they represent future economic interest contingent on service and/or performance targets. PSUs are performance-contingent (may pay out between 0% and 200% of target depending on results), while RSUs follow a time-based vesting schedule. Such awards are common for executive compensation and do not by themselves indicate immediate buying or selling in the open market.

Form 4

Period: 2026-03-16

Chief Revenue Officer

Transactions

Award
Restricted Stock Units
[F1][F2]
2026-03-16+693,756→ 693,756 total
→ Class A Common Stock (693,756 underlying)
Award
Performance Stock Units (Rule of 40)
[F3][F4]
2026-03-16+297,324→ 297,324 total
→ Class A Common Stock (297,324 underlying)

Footnotes (4)

[F1]Each restricted stock unit is convertible into one share of Class A Common Stock.
[F2]One-twelfth (1/12th) of the restricted stock units vest on June 1, 2026 and one-twelfth (1/12th) of the remaining restricted stock units vest quarterly on each September 1, December 1, March 1, and June 1 thereafter until fully vested, subject to the Reporting Person's continued service to the Issuer as of each vesting date.
[F3]Each performance stock unit is convertible into one share of Class A Common Stock.
[F4]Represents the number of shares which may be issued at target under the performance stock unit ("PSU") over a period of time following achievement of certain gross profit and adjusted EBITDA targets as set forth in the PSU agreement, subject to the Reporting Person's continued service to the Issuer as of each vesting date. At maximum achievement, 200% of the shares would vest.

Signature

/s/ Tracy Foard, Attorney-in-Fact|2026-03-18

1 file