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 50,453 shares of common stock on September 24, 2026.
Summary
- Conversion of derivative: acquired 34,370 Class A Common Stock on September 24, 2026; holds 50,453 after (Direct).
- Open-market sale: disposed of 10,080 Class A Common Stock at $18.05 ($181,960) on September 24, 2026; holds 40,373 after (Direct).
- Open-market sale: disposed of 40,373 Class A Common Stock at $18.54 ($748,673) on September 24, 2026 (Direct).
- Option exercise/conversion: disposed of 21,870 Stock Option (Right to buy Class B Common Stock) on September 24, 2026; holds 73,088 after (Direct).
- Option exercise/conversion: acquired 21,870 Class B Common Stock at $2.15 ($47,020) on September 24, 2026; holds 207,854 after (Direct).
- Conversion of derivative: disposed of 34,370 Class B Common Stock on August 7, 2026; holds 173,484 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $930,633 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 |
|---|---|---|---|---|---|---|
| 2026-09-24 | Conversion of derivative | Class A Common Stock | 34,370 | — | — | 50,453 |
| 2026-09-24 | Open-market sale | Class A Common Stock | 10,080 | $18 | $182.0K | 40,373 |
| 2026-09-24 | Open-market sale | Class A Common Stock | 40,373 | $19 | $748.7K | 0 |
| 2026-09-24 | Option exercise/conversion | Stock Option (Right to buy Class B Common Stock) | 21,870 | — | — | 73,088 |
| 2026-09-24 | Option exercise/conversion | Class B Common Stock | 21,870 | $2 | $47.0K | 207,854 |
| 2026-08-07 | Conversion of derivative | Class B Common Stock | 34,370 | — | — | 173,484 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-24 | Conversion of derivative (34,370 shares) |
| 2026-09-24 | Open-market sale (10,080 shares) |
| 2026-09-24 | Open-market sale (40,373 shares) |
| 2026-09-24 | Option exercise/conversion (21,870 shares) |
| 2026-09-24 | Option exercise/conversion (21,870 shares) |
| 2026-08-07 | Conversion of derivative (34,370 shares) |
Keywords
insider transaction, Form 4, PUBM, PubMatic, Inc., bearish, Rajeev K. Goel
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