Marqeta, Inc. — Director's Dealing 2025

Mar 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Marqeta, Inc. (MQ)
CIK: 0001522540
Period of Report: 2025-03-01

Reporting Person: Sumner Crystal (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-01	Class A Common Stock	M	27319	—	Acquired	186465	Direct
2025-03-01	Class A Common Stock	F	14907	$4.13	Disposed	171558	Direct
2025-03-01	Class A Common Stock	M	36859	—	Acquired	208417	Direct
2025-03-01	Class A Common Stock	F	20112	$4.13	Disposed	188305	Direct
2025-03-01	Class A Common Stock	M	43689	—	Acquired	231994	Direct
2025-03-01	Class A Common Stock	F	23839	$4.13	Disposed	208155	Direct
2025-03-01	Class A Common Stock	M	24471	—	Acquired	232626	Direct
2025-03-01	Class A Common Stock	F	13353	$4.13	Disposed	219273	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-01	Restricted Stock Units	$	M	27319	Disposed		Class A Common Stock (27319)	Direct
2025-03-01	Restricted Stock Units	$	M	36859	Disposed		Class A Common Stock (36859)	Direct
2025-03-01	Performance Stock Units (Gross Profit)	$	M	44230	Disposed		Class A Common Stock (44230)	Direct
2025-03-01	Performance Stock Units (Adjusted EBITDA)	$	M	18956	Disposed		Class A Common Stock (18956)	Direct

Footnotes

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: 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.

F3: 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 541 fewer shares acquired for performance at less than 100%.

F4: 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 5,515 additional shares acquired for performance at more than 100%

F5: Each restricted stock unit is convertible into one share of Class A Common Stock.

F6: 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, subject to the Reporting Person's continued service with the Issuer as of each vesting date.

F7: 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, subject to the Reporting Person's continued service with the Issuer as of each vesting date.

F8: 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.

F9: 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 shares would vest.

F10: Represents the number of shares which may be issued at target under the PSU over a period of time following achievement of certain 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.