Form 4: PubMatic CEO Rajeev Goel Reports Stock Transactions

Rajeev Goel, CEO of PubMatic, reports multiple transactions involving Class A and Class B common stock, including acquisitions, disposals, and transfers to family trusts.

Summary

• Rajeev Goel, the CEO of PubMatic, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On June 3, 2024, Goel acquired 9,000 shares of Class A Common Stock at $0 and transferred 17,288 shares of Class A Common Stock to the Goel Family Trust.
• He also sold 24,700 shares of Class A Common Stock at an average price of $21.2735 and 300 shares at an average price of $21.9772.
• Additionally, Goel exercised options to acquire 17,288 shares of Class B Common Stock.
• On June 4, 2024, Goel gifted 9,000 shares of Class A Common Stock.
• The reported transactions were partly executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 1, 2023.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report their transactions in company stock, providing transparency to investors.

Stakeholder Impact

• The transactions may influence investor perception of the company's stock, although the impact is likely to be minimal given the routine nature of the filing and the existence of a pre-arranged trading plan.

Key Dates