Form 4: PubMatic CEO Sells Shares
Insider Transaction (Form 4)
Rajeev K. Goel, CHIEF EXECUTIVE OFFICER, a Director and 10% owner of PubMatic, Inc., sold 49,979 shares of common stock on July 23, 2026 for $12.35 per share.
Summary
- Conversion of derivative: acquired 21,870 Class A Common Stock on July 23, 2026; holds 69,171 after (Direct).
- Conversion of derivative: acquired 12,500 Class A Common Stock on July 23, 2026; holds 81,671 after (Direct).
- Open-market sale: disposed of 49,979 Class A Common Stock at $12.35 ($617,006) on July 23, 2026; holds 31,692 after (Direct).
- Option exercise/conversion: disposed of 21,870 Stock Option (Right to buy Class B Common Stock) on July 23, 2026; holds 116,829 after (Direct).
- Option exercise/conversion: acquired 21,870 Class B Common Stock at $2.15 ($47,020) on July 23, 2026; holds 232,854 after (Direct).
- Conversion of derivative: disposed of 21,870 Class B Common Stock on July 23, 2026; holds 210,984 after (Direct).
- Conversion of derivative: disposed of 12,500 Class B Common Stock on July 23, 2026; holds 198,484 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $617,006 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Rajeev K. Goel — Director, Officer (CHIEF EXECUTIVE OFFICER), 10% owner
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-23 | Conversion of derivative | Class A Common Stock | 21,870 | — | — | 69,171 |
| 2026-07-23 | Conversion of derivative | Class A Common Stock | 12,500 | — | — | 81,671 |
| 2026-07-23 | Open-market sale | Class A Common Stock | 49,979 | $12 | $617.0K | 31,692 |
| 2026-07-23 | Option exercise/conversion | Stock Option (Right to buy Class B Common Stock) | 21,870 | — | — | 116,829 |
| 2026-07-23 | Option exercise/conversion | Class B Common Stock | 21,870 | $2 | $47.0K | 232,854 |
| 2026-07-23 | Conversion of derivative | Class B Common Stock | 21,870 | — | — | 210,984 |
| 2026-07-23 | Conversion of derivative | Class B Common Stock | 12,500 | — | — | 198,484 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-23 | Conversion of derivative (21,870 shares) |
| 2026-07-23 | Conversion of derivative (12,500 shares) |
| 2026-07-23 | Open-market sale (49,979 shares) |
| 2026-07-23 | Option exercise/conversion (21,870 shares) |
| 2026-07-23 | Option exercise/conversion (21,870 shares) |
| 2026-07-23 | Conversion of derivative (21,870 shares) |
| 2026-07-23 | Conversion of derivative (12,500 shares) |
Keywords
insider transaction, Form 4, PUBM, PubMatic, Inc., bearish, Rajeev K. Goel
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