# EDGAR Filing Document

**Accession Number:** 0001870987
**File Stem:** 0001870987-26-000006
**Filing Date:** 2026-3
**Character Count:** 12646
**Document Hash:** 46e5e8449bb43d9fb084c85e36ca370c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001870987-26-000006.hdr.sgml**: 20260304

**ACCESSION NUMBER**: 0001870987-26-000006

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260301

**FILED AS OF DATE**: 20260304

**DATE AS OF CHANGE**: 20260304

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Sumner Crystal
- **CENTRAL INDEX KEY:** 0001870987

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40465
- **FILM NUMBER:** 26722698

**MAIL ADDRESS:**
- **STREET 1:** 415 KEARNY STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Marqeta, Inc.
- **CENTRAL INDEX KEY:** 0001522540
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 274306690
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 180 GRAND AVENUE
- **STREET 2:** 6TH FLOOR
- **CITY:** OAKLAND
- **STATE:** CA
- **ZIP:** 94612
- **BUSINESS PHONE:** 1-510-671-5437

**MAIL ADDRESS:**
- **STREET 1:** 180 GRAND AVENUE
- **STREET 2:** 6TH FLOOR
- **CITY:** OAKLAND
- **STATE:** CA
- **ZIP:** 94612

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Sumner Crystal<br><sub>(Last) (First) (Middle)</sub><br>180 GRAND AVENUE<br>6TH FLOOR<br><sub>(Street)</sub><br>OAKLAND, CA 94612<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-03-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_See Remarks_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Marqeta, Inc. [ MQ ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2026-03-01 |  | M<sup>(1)</sup> |  | 27319 | A | 0<sup>(1)</sup> | 339267 | D |  |
| Class A Common Stock | 2026-03-01 |  | F<sup>(2)</sup> |  | 14988<sup>(2)</sup> | D | $3.89 | 324279 | D |  |
| Class A Common Stock | 2026-03-01 |  | M<sup>(1)</sup> |  | 36858 | A | 0<sup>(1)</sup> | 361137 | D |  |
| Class A Common Stock | 2026-03-01 |  | F<sup>(2)</sup> |  | 20221<sup>(2)</sup> | D | $3.89 | 340916 | D |  |
| Class A Common Stock | 2026-03-01 |  | M<sup>(1)</sup> |  | 39041 | A | 0<sup>(1)</sup> | 379957 | D |  |
| Class A Common Stock | 2026-03-01 |  | F<sup>(2)</sup> |  | 21418<sup>(2)</sup> | D | $3.89 | 358539 | D |  |
| Class A Common Stock | 2026-03-01 |  | M<sup>(1)</sup> |  | 10924<sup>(3)</sup> | A | 0<sup>(1)</sup> | 369463 | D |  |
| Class A Common Stock | 2026-03-01 |  | F<sup>(2)</sup> |  | 5857<sup>(2)(4)</sup> | D | $3.89 | 363606 | D |  |
| Class A Common Stock | 2026-03-01 |  | M<sup>(1)</sup> |  | 6117<sup>(5)</sup> | A | 0<sup>(1)</sup> | 369723 | D |  |
| Class A Common Stock | 2026-03-01 |  | F<sup>(2)</sup> |  | 3356<sup>(2)</sup> | D | $3.89 | 366367 | D |  |
| Class A Common Stock | 2026-03-01 |  | M<sup>(1)</sup> |  | 50996<sup>(6)</sup> | A | 0<sup>(1)</sup> | 417363 | D |  |
| Class A Common Stock | 2026-03-01 |  | F<sup>(2)</sup> |  | 27977<sup>(2)</sup> | D | $3.89 | 389386 | D |  |
| Class A Common Stock | 2026-03-01 |  | M<sup>(1)</sup> |  | 40156<sup>(7)</sup> | A | 0<sup>(1)</sup> | 429542 | D |  |
| Class A Common Stock | 2026-03-01 |  | F<sup>(2)</sup> |  | 22030<sup>(2)</sup> | D | $3.89 | 407512 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(8)</sup> | 2026-03-01 |  | M<sup>(1)</sup> |  |  | 27319 | <sup>(9)</sup> | <sup>(9)</sup> | Class A Common Stock | 27319 | $0 | 109274 | D |  |
| Restricted Stock Units | <sup>(8)</sup> | 2026-03-01 |  | M<sup>(1)</sup> |  |  | 36858 | <sup>(10)</sup> | <sup>(10)</sup> | Class A Common Stock | 36858 | $0 | 147435 | D |  |
| Restricted Stock Units | <sup>(8)</sup> | 2026-03-01 |  | M<sup>(1)</sup> |  |  | 39041 | <sup>(11)</sup> | <sup>(11)</sup> | Class A Common Stock | 39041 | $0 | 312325 | D |  |
| Performance Stock Units (Gross Profit) | <sup>(8)</sup> | 2026-03-01 |  | M<sup>(1)</sup> |  |  | 11058 | <sup>(12)</sup> | <sup>(12)</sup> | Class A Common Stock | 11058 | $0 | 184776<sup>(13)</sup> | D |  |
| Performance Stock Units (Adjusted EBITDA) | <sup>(8)</sup> | 2026-03-01 |  | M<sup>(1)</sup> |  |  | 4739 | <sup>(12)</sup> | <sup>(12)</sup> | Class A Common Stock | 4739 | $0 | 79190<sup>(14)</sup> | D |  |
| Performance Stock Units (Gross Profit) | <sup>(8)</sup> | 2026-03-01 |  | M<sup>(1)</sup> |  |  | 46849 | <sup>(15)</sup> | <sup>(15)</sup> | Class A Common Stock | 46849 | $0 | 93697<sup>(13)</sup> | D |  |
| Performance Stock Units (Adjusted EBITDA) | <sup>(8)</sup> | 2026-03-01 |  | M<sup>(1)</sup> |  |  | 20078 | <sup>(15)</sup> | <sup>(15)</sup> | Class A Common Stock | 20078 | $0 | 40156<sup>(14)</sup> | D |  |

---

### Footnotes:

(1) 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.

(2) Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act.

(3) Represents the vesting of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the
Reporting Person on March 15, 2024, and includes 134 fewer shares acquired for performance at less than 100%.

(4) Due to an administrative error on a previously filed Form 4, the number of shares withheld by the Issuer to satisfy tax withholding and remittance obligations was overstated by 136 shares and has been subtracted on this form for reconciliation purposes.

(5) Represents the vesting of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the
Reporting Person on March 15, 2024, and includes 1,378 additional shares acquired for performance at more than 100%

(6) Represents the vesting of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the
Reporting Person on March 15, 2025, and includes 4,147 additional shares acquired for performance at more than 100%

(7) Represents the vesting of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the
Reporting Person on March 15, 2025, and includes 20,078 additional shares acquired for performance at more than 100%

(8) Each restricted stock unit is convertible into one share of Class A Common Stock.

(9) One-fourth (1/4th) of the restricted stock units vested on March 1, 2024, and one-sixteenth (1/16th) of the restricted stock units vest on each June 1, September 1, December 1, and March 1 thereafter until fully vested, subject to the Reporting Person's continued service with the Issuer as of each vesting date.

(10) One-twelfth (1/12th) of the restricted stock units vested on June 1, 2024, and one-twelfth (1/12th) of the restricted stock units vest on each September 1, December 1,  March 1 and June 1 thereafter until fully vested, subject to the Reporting Person's continued service with the Issuer as of each vesting date.

(11) One-twelfth (1/12th) of the restricted stock units vest on June 1, 2025 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.

(12) Represents the disposition of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the Reporting Person on March 15, 2024.

(13) 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 profit 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 target number of shares would vest.

(14) Represents the number of shares which may be issued at target under the PSU over a period of time following achievement of certain 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 target number of shares would vest.

(15) Represents the disposition of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the Reporting Person on March 15, 2025.

**Remarks:**
Chief Administrative Officer and Corporate Secretary

**Signature:** /s/ Tracy Foard, Attorney-in-Fact  
**Date:** 2026-03-04

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**