Form 4: PubMatic Chief Accounting Officer Lisa Gimbel Acquires Restricted Stock Units

Lisa Gimbel, Chief Accounting Officer of PubMatic, Inc., reports the acquisition of 12,821 restricted stock units (RSUs) convertible to Class A Common Stock.

Summary

• Lisa Gimbel, the Chief Accounting Officer of PubMatic, Inc., filed a Form 4 on March 4, 2025, reporting a transaction that occurred on February 18, 2025.
• The transaction involved the acquisition of 12,821 Restricted Stock Units (RSUs).
• Each RSU represents the right to receive one share of PubMatic's Class A Common Stock upon vesting.
• The RSUs vest in installments, with 1/16th vesting on May 15, 2025, and then 1/16th vesting quarterly thereafter, contingent upon continued service to the company.
• The reporting person directly owns 12,821 derivative securities after the reported transaction.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and insider alignment with company goals.

Positives

• The acquisition of RSUs by a key officer signals confidence in the company's future performance.

Future Outlook

The vesting schedule of the RSUs incentivizes the reporting person to remain with the company.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders.

Stakeholder Impact

• The vesting of RSUs aligns the officer's interests with those of the shareholders.

Key Dates