secwatch.observer — SEC 8-K summary
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Issuer:     Marqeta, Inc. (MQ)
CIK:        0001522540
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001522540-22-000004
Event type: leadership
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marqeta CFO Faix resigns, appoints Visa veteran Milotich; Q4 revenue, EBITDA to beat guidance
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- Tripp Faix resigns as CFO effective Feb 22, 2022; personal decision, will remain advisor through Mar 31.
- Mike Milotich, former Visa SVP of IR and Corporate Finance, appointed CFO effective Feb 22, 2022.
- Milotich comp: $460k base salary, 75% bonus target, $100k signing bonus, $8M in equity (RSUs + options).
- Preliminary Q4 net revenue and adjusted EBITDA expected to exceed prior guidance on higher processing volumes.
- Full Q4 and FY 2021 results to be reported on March 9, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522540/000152254022000004/0001522540-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522540/000152254022000004/mq-20220204.htm
  HTML page:      https://secwatch.observer/filing/0001522540-22-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer