{"schema_version":"secwatch.filing_event.v1","accession":"0001522540-24-000017","form_type":"8-K/A","ticker":"MQ","cik":"0001522540","company_name":"Marqeta, Inc.","filed_at":"2024-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.679855+00:00","generated_at":"2026-05-30T01:50:01.086709+00:00","sec_items":["9.01","5.02"],"event_type":"leadership","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Marqeta CPTO Randy Kern departs; severance of $623,437.50, role not immediately filled","bullets":["Randy Kern ceased as Chief Product and Technology Officer on Nov 1, 2024; transition through Dec 31, 2024.","Severance: lump sum of $623,437.50 (9 months salary + 75% target bonus) plus 9 months COBRA reimbursement.","Company will not immediately fill the CPTO role; responsibilities overseen by other management members.","Transition agreement includes general release of claims and confidentiality obligations; severance conditioned on signing supplemental release."],"urls":{"canonical":"https://secwatch.observer/filing/0001522540-24-000017","json":"https://secwatch.observer/filing/0001522540-24-000017.json","markdown":"https://secwatch.observer/filing/0001522540-24-000017.md","text":"https://secwatch.observer/filing/0001522540-24-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1522540/000152254024000017/0001522540-24-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1522540/000152254024000017/mq-20241101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T01:50:01.086709+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":"e98664a83a","claim":"Randy Kern departed as Chief Product and Technology Officer at Marqeta, Inc..","evidence_excerpt":"On November 1, 2024, Marqeta announced that Randy Kern was no longer the Chief Product and Technology Officer of the Company, effective immediately (the “Initial Transition Date”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1522540/000152254024000017/0001522540-24-000017-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"departed"},{"label":"Role","value":"Chief Product and Technology Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}