Marqeta (MQ) CPO Eugenia Gibbons Receives Stock Award

What Happened

• Eugenia Gibbons, Chief Product Officer of Marqeta (MQ), received equity awards on 2026-09-15 consisting of 497,863 restricted stock units (RSUs) and 87,858 performance stock units (PSUs). Both awards were reported as derivative grants at a price of $0.00 (i.e., no cash paid at grant).
• The RSUs and PSUs each convert into one share of Class A common stock if and when they vest; PSUs are performance-based and may pay out at between 0% and 200% of target depending on achievement of specified gross profit and adjusted EBITDA targets.

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-16 (timely).
• Grant values reported at $0.00 per unit (standard for RSU/PSU grants — value is in future equity, not immediate cash).
• Vesting: RSUs and PSUs are subject to continued service. RSU vesting schedule: 1/3 vests on Sept 1, 2027, then 1/12 on each Dec 1, Mar 1, Jun 1, Sept 1 thereafter until fully vested (per footnote). PSUs vest based on performance metrics; at maximum achievement 200% of target shares could vest.
• Shares owned after the transaction were not disclosed in the supplied filing extract.

Context

• These awards are grants (not open-market purchases or sales) and do not represent immediate insider buying or selling. RSUs provide retention incentives; PSUs link payout to company performance.
• For retail investors: grant announcements can indicate compensation alignment with performance goals but do not alone signal a bullish or bearish trade by the insider.