Marqeta Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$MQ
Computer Software: Prepackaged Software
Technology
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): May 8, 2026
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Chief Technology Officer
On May 8, 2026, Marqeta, Inc. (the “Company”) announced the appointment of Lukasz Strozek as Chief Technology Officer, effective May 18, 2026. In this role, Mr. Strozek will lead the technology and engineering organization.
Mr. Strozek, age 42, most recently served as Chief Technology Officer of LendingClub Corp. (NYSE: LC), a leading digital marketplace bank, from June 2024 to May 2026, where he oversaw the Engineering, Product, and Data organizations. Prior to LendingClub, Mr. Strozek served as Chief Technology Officer of Hippo Insurance, a technology-native insurance platform, from December 2020 to June 2024, where he oversaw the software engineering, data engineering, and product management teams across multiple business lines. Earlier in his career, Mr. Strozek served in various engineering and product leadership roles at Bridgewater Associates, Bolt Financial, and SoFi following its 2018 acquisition of Clara Lending, a digital mortgage platform he co-founded.
Mr. Strozek holds a Master of Business Administration from Stanford University Graduate School of Business, a Master of Science in Computer Science from Harvard University, and a Bachelor of Arts in Applied Mathematics and Economics from Harvard University.
There are no family relationships between Mr. Strozek and any executive officer or director of the Company, there are no understandings or arrangements between Mr. Strozek and any other person pursuant to which Mr. Strozek was appointed as Chief Technology Officer, and Mr. Strozek has no transactions reportable under Item 404(a) of Regulation S-K.
Mr. Strozek’s initial annual base salary will be $475,000 and he will be eligible to earn an annual bonus of 75% of his annual base salary, prorated for the year of hire, which currently would be governed by the Company’s existing Executive Bonus Plan. Mr. Strozek will be eligible to earn a one-time discretionary sign-on bonus of $100,000, contingent on remaining employed by the Company for at least one year from his start date. He will be granted Restricted Stock Units (“RSUs”) with an estimated value of $7,600,000, which will vest over approximately three years as follows, provided he remains in continuous service through the vesting date: (i) 1/3 of the RSUs will vest on the first quarterly vesting date occurring after the one-year anniversary of the vesting commencement date and (ii) an additional 1/12th of the RSUs vesting on each quarterly vesting date thereafter. He will be granted Performance Stock Units (“PSUs”) with an estimated value of $1,900,000 (“PSU Value”), the vesting terms of which will be the same goals and targets that apply to each executive team member. The RSU and PSU grants will be subject to the terms of the Company’s 2021 Stock Option and Incentive Plan. Mr. Strozek will be eligible for severance and change in control benefits under the Company’s Executive Severance Plan.
The foregoing description of the Offer Letter does not purport to be complete and is qualified in its entirety by reference to the complete text of the Offer Letter, a copy of which will be included as an exhibit to the Company’s future SEC filings.
A copy of the press release regarding this announcement is attached to this Form 8-K as Exhibit 99.1
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit Number | Description | |||||||
99.1 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
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: May 8, 2026 | /s/ Michael (Mike) Milotich | ||||
| Michael (Mike) Milotich | |||||
| Chief Executive Officer | |||||