4/A: PubMatic Director Ramon Jones Amends SEC Filing to Correct Restricted Stock Unit Grant

Ramon Jones, a director at PubMatic, Inc., amended a previous SEC filing to correct the number of restricted stock units (RSUs) granted on May 31, 2024.

Summary

• This is an amendment to a Form 4 filing by Ramon Jones, a director of PubMatic, Inc.
• The amendment corrects the number of restricted stock units (RSUs) granted to Jones on May 31, 2024.
• The corrected filing shows that Jones acquired 8,447 RSUs on May 31, 2024, which vest in full on the earliest of several conditions.
• These conditions include the first anniversary of the grant date, the company's 2025 annual meeting, Jones' death or disability, or a change in control of the issuer.
• Jones has elected to defer settlement of the RSUs until the earliest of the third anniversary of the grant date, death or disability, a change in control, or separation of service.
• Upon settlement, Jones will receive shares of PubMatic's Class A Common Stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing. The sentiment is neutral as it simply corrects a previous error in reporting an RSU grant. It doesn't indicate any positive or negative outlook for the company.

Positives

• The amendment provides accurate information regarding the RSU grant to a company director, promoting transparency.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance, but it does outline the vesting and settlement terms of the RSU grant.

Industry Context

This type of SEC filing is standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.

Stakeholder Impact

• The correction of the RSU grant ensures accurate information for shareholders regarding executive compensation.

Key Dates