CHOKSHI ALPESH 4

4 · Marqeta, Inc. · Filed Jun 11, 2026

AI-generated summary of this filing

Updated Jun 11, 2026

Marqeta (MQ) Director Alpesh Chokshi Exercises Derivatives, Receives RSUs

What Happened

Alpesh Chokshi, a director of Marqeta, reported on 2026-06-10 the conversion/exercise of 36,297 derivative units (code M) and an acquisition (award) of 52,219 restricted stock units (RSUs) (code A). All reported transactions show a $0 per-share price and $0 cash value in the filing. The RSU award relates to previously granted units that vested on June 10, 2026.

Key Details

Transaction date: June 10, 2026. Price reported: $0.00 per share for all entries.
Derivative conversion/exercise: 36,297 shares (one line shows Acquired, a matching line shows Disposed for the same amount; both $0).
Award/grant: 52,219 RSUs acquired (each RSU converts to one share).
Shares owned following the transactions: not specified in the provided excerpt of the filing.
Footnotes of note:
- F1: Transactions are exempt from Section 16(b) under Rule 16b-6(b).
- F2: Each RSU converts into one share of Class A common stock.
- F3: The RSUs were granted on June 12, 2025 and vested in full on June 10, 2026.
- F4: Vesting schedule references (earlier of June 10, 2027 or next annual meeting) and service-based cessation conditions.
Filing timeliness: Reported on 2026-06-11 for transactions dated 2026-06-10 (appears timely under Form 4 rules).

Context

Code M indicates exercise or conversion of a derivative; code A indicates an award/grant (RSUs). These entries reflect a vesting/settlement event and conversion activity rather than an open-market purchase or sale. The $0 amounts reported in the filing do not show cash proceeds; the filing does not specify any subsequent open-market sale or tax withholding details.

Form 4

Period: 2026-06-10

Director

Transactions

Exercise/Conversion
Class A Common Stock
[F1]
2026-06-10+36,297→ 61,890 total
Exercise/Conversion
Restricted Stock Units
[F2][F1][F3]
2026-06-10−36,297→ 0 total
→ Class A Common Stock (36,297 underlying)
Award
Restricted Stock Units
[F2][F4]
2026-06-10+52,219→ 52,219 total
→ Class A Common Stock (52,219 underlying)

Footnotes (4)

[F1]Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
[F2]Each restricted stock unit is convertible into one share of Class A Common Stock.
[F3]Restricted stock units granted on June 12, 2025, the date of the Issuer's 2025 Annual Meeting of Stockholders, that vested in full on June 10, 2026, the date of the Issuer's 2026 Annual Meeting of Stockholders.
[F4]All of the shares vest in full on the earlier of (i) June 10, 2027 or (ii) the Issuer's next annual meeting of stockholders; provided, however, that all vesting will cease if the Reporting Person ceases to provide services to the Issuer, unless the Issuer's Board of Directors determines otherwise prior to the cessation of such services.

Signature

/s/ Tracy Foard, Attorney-in-Fact|2026-06-11

1 file