{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-017424","form_type":"8-K","ticker":"MQ","cik":"0001522540","company_name":"Marqeta, Inc.","filed_at":"2025-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.876976+00:00","generated_at":"2026-05-26T03:32:07.685733+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Marqeta CEO Simon Khalaf steps down; CFO Mike Milotich appointed Interim CEO","bullets":["Simon Khalaf stepped down as CEO and director effective Feb 24, 2025; Board initiated CEO search.","CFO Mike Milotich appointed Interim CEO, effective immediately, while retaining CFO role.","Milotich receives $550K base salary, 75% target bonus, and $2M retention award (50% cash/50% RSUs).","Board engaged executive search firm to identify permanent CEO."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-017424","json":"https://secwatch.observer/filing/0001213900-25-017424.json","markdown":"https://secwatch.observer/filing/0001213900-25-017424.md","text":"https://secwatch.observer/filing/0001213900-25-017424.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1522540/000121390025017424/0001213900-25-017424-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1522540/000121390025017424/ea0232156-8k_marqeta.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T03:32:07.685733+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1b58425b80","claim":"Michael (Mike) Milotich was appointed as Interim Chief Executive Officer at Marqeta, Inc..","evidence_excerpt":"the Board of Directors (the “Board”) has appointed Michael (Mike) Milotich as Interim Chief Executive Officer (principal executive officer), effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1522540/000121390025017424/0001213900-25-017424-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"f7bede4c8b","claim":"Simon Khalaf departed as Chief Executive Officer and Director at Marqeta, Inc..","evidence_excerpt":"Simon Khalaf, who has stepped down as Chief Executive Officer and as a director as of February 24, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1522540/000121390025017424/0001213900-25-017424-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"Chief Executive Officer and Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}