Marqeta, Inc. Announces Executive and Director Changes

Ticker: MQ · Form: 8-K · Filed: Oct 24, 2025 · CIK: 1522540

Sentiment: neutral

Topics: executive-changes, board-changes, filing

TL;DR

Marqeta's leadership team is shuffling with new execs and directors coming in, plus some leaving.

AI Summary

On October 21, 2025, Marqeta, Inc. filed an 8-K report detailing changes in its executive and director roles. The filing indicates a departure of certain officers and directors, alongside the election of new directors and the appointment of new officers. Specific details regarding compensatory arrangements for these individuals are also included.

Why It Matters

Changes in key leadership positions can signal shifts in company strategy or operational focus, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Significant changes in executive and director roles can introduce uncertainty regarding future strategy and operational stability.

Key Players & Entities

FAQ

What specific roles have been affected by the departures and appointments?

The filing indicates departures of certain officers and directors, and the election of new directors and appointment of new officers, but does not specify the exact roles in this summary.

Are the compensatory arrangements for the new officers and directors detailed in this filing?

Yes, the filing states that it includes information on compensatory arrangements of certain officers.

What is the jurisdiction of incorporation for Marqeta, Inc.?

Marqeta, Inc. is incorporated in Delaware.

What is Marqeta, Inc.'s IRS Employer Identification Number?

Marqeta, Inc.'s IRS Employer Identification Number is 27-4306690.

When is Marqeta, Inc.'s fiscal year end?

Marqeta, Inc.'s fiscal year end is December 31.

Filing Stats: 596 words · 2 min read · ~2 pages · Grade level 12.4 · Accepted 2025-10-24 16:15:31

Key Financial Figures

Filing Documents

From the Filing

mq-20251021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): October 21, 2025 MARQETA, INC. (Exact name of registrant as specified in its charter) Delaware 001-40465 27-4306690 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 180 Grand Avenue , 6th Floor Oakland , California 94612 (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: ( 510 ) 671-5437 N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A common stock, $0.0001 par value per share MQ The Nasdaq Stock Market LLC (Nasdaq Global Select Market) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Principal Accounting Officer As of October 21, 2025, the Board of Directors of Marqeta, Inc. (the "Company" or "Marqeta") designated Sarah Barkema, the Company's Chief Accounting Officer, as the Company's Principal Accounting Officer, effective as of the same date. In connection with Ms. Barkema's designation, Mike Milotich, the Company's Chief Executive Officer and Chief Financial Officer, will no longer be designated as the Company's Principal Accounting Officer. Ms. Barkema, age 43, has served as Chief Accounting Officer at Marqeta since September 2024. Prior to joining Marqeta, she served as the Chief Accounting Officer at Stitch Fix, Inc. from November 2021 until September 2024. Previously, she held financial leadership roles at Fortive, from February 2018 until November 2021, and VF Corporation from October 2016 until February 2018. Throughout her career, Ms. Barkema has held accounting and reporting roles at companies including NW Natural, Nike, and Deloitte & Touche. She has a BBA in Accounting from the University of Iowa and earned an MBA in Accounting from Pittsburg State University. Ms. Barkema has no family relationships with any director, executive officer or person nominated or chosen by the Company to become a director or executive officer of the Company. Ms. Barkema is not a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MARQETA, INC. Date: October 24, 2025 /s/ Michael (Mike) Milotich Michael (Mike) Milotich Chief Executive Officer and Chief Financial Officer

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