Marqeta (MQ) director Martha Cummings sells 2,853 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marqeta, Inc. director Martha Cummings sold shares of the company. She executed an open-market sale of 2,853 shares of Class A Common Stock at a weighted average price of $3.9993 per share, with individual trade prices ranging from $3.94 to $4.04. After this transaction, she directly owns 38,969 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,853 shares ($11,410)
Net Sell
1 txn
Insider
Cummings Martha
Role
Director
Sold
2,853 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,853 | $3.9993 | $11K |
Holdings After Transaction:
Class A Common Stock — 38,969 shares (Direct)
Footnotes (1)
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FAQ
What did Marqeta (MQ) director Martha Cummings report in this Form 4?
Martha Cummings reported selling 2,853 shares of Marqeta Class A Common Stock in an open-market transaction. The weighted average sale price was $3.9993 per share, with trades executed between $3.94 and $4.04, and she now directly holds 38,969 shares.
What does the weighted average price mean in Martha Cummings’ Marqeta (MQ) Form 4?
The weighted average price of $3.9993 indicates the average sale price across multiple trades. According to the footnote, the 2,853 shares were sold in several transactions, with prices ranging from $3.94 to $4.04, and detailed trade breakdowns are available upon request.
Was Martha Cummings’ Marqeta (MQ) transaction an open-market sale?
Yes, the Form 4 describes the transaction as an open-market sale of Class A Common Stock. The transaction code "S" and the description "Sale in open market or private transaction" confirm that the reported 2,853-share trade was a sale rather than a purchase or award.