Form 4: PubMatic CFO Steven Pantelick Reports Stock Transactions

Steven Pantelick, CFO of PubMatic, Inc., reports the acquisition and disposition of Class A Common Stock on May 5, 2025, according to a Form 4 filing.

Summary

• On May 5, 2025, Steven Pantelick, the CFO of PubMatic, Inc., acquired 4,000 shares of Class A Common Stock at $0 and disposed of 4,000 shares at an average price of $9.827.
• Following these transactions, Pantelick directly owns 27,026 shares of Class A Common Stock.
• The sale was executed under a Rule 10b5-1 trading plan adopted on May 9, 2024.
• Pantelick also indirectly owns shares through PSLT DE LLC and SMP DE LLC, where he and his family members are beneficiaries.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the tech industry. Investors often monitor these filings for insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, such as PubMatic, and are comparable to similar filings made by executives at companies like Google (Alphabet Inc.) and Meta (Facebook).
• The use of a 10b5-1 trading plan is a common strategy among executives to avoid accusations of insider trading, similar to plans used by executives at other tech companies.

Stakeholder Impact

• The stock transactions by the CFO may be of interest to shareholders as it provides insight into management's actions regarding the company's stock.
• The transactions are conducted under a pre-arranged trading plan, which aims to minimize any potential impact on the market.

Key Dates

Keywords

Form 4, PubMatic, PUBM, Steven Pantelick, CFO, Class A Common Stock, Rule 10b5-1, Stock Transaction, Beneficial Ownership