Form 4: PubMatic CFO Sells Shares Under Pre-Arranged 10b5-1 Plan
Insider Transaction Report
PubMatic's Chief Financial Officer, Steven Pantelick, sold 3,676 shares of Class A Common Stock for a weighted average price of $8.4363 per share under a pre-arranged trading plan.
Summary
- Steven Pantelick, the Chief Financial Officer of PubMatic, Inc. (PUBM), reported a sale of company stock.
- The transaction involved the disposition of 3,676 shares of Class A Common Stock.
- The shares were sold on August 27, 2025, at a weighted average price of $8.4363 per share.
- The sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Pantelick on May 9, 2024.
- The individual sale prices for the shares ranged from $8.31 to $8.52, inclusive.
- Following this transaction, Mr. Pantelick beneficially owns 27,026 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock sale under a pre-arranged 10b5-1 trading plan, which is generally considered a neutral event and does not indicate a change in company fundamentals or management's confidence.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This Form 4 filing is a routine disclosure of an insider stock transaction and does not provide information directly related to broader industry trends or competitive landscape. Such sales under a 10b5-1 plan are common for executives managing personal finances.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date Reporting Person adopted the Rule 10b5-1 trading plan. |
| 08/27/2025 | Date of transaction (sale of Class A Common Stock). |
| 08/29/2025 | Date the Form 4 was signed by the Attorney-in-Fact. |
Recommendation
holdThe filing reports a routine insider stock sale by the CFO under a pre-arranged 10b5-1 trading plan. This type of transaction is typically for personal financial management and does not inherently signal a change in the company's fundamental outlook or warrant a shift in investment recommendation. Therefore, a 'hold' recommendation is appropriate based solely on this filing.
Keywords
PubMatic, PUBM, Steven Pantelick, CFO, Insider Trading, Stock Sale, Form 4, 10b5-1 Plan, Executive Compensation
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