Form 4: PubMatic Director Susan Daimler Reports Stock Transactions

Director Susan Daimler reported the acquisition and disposal of Class A Common Stock and Restricted Stock Units (RSUs) in PubMatic, Inc. on May 31, 2024.

Summary

• On May 31, 2024, Susan Daimler, a director of PubMatic, Inc., reported transactions involving the company's stock.
• She disposed of 9,971 shares of Class A Common Stock.
• She also acquired 9,971 Restricted Stock Units (RSUs) that vested on the same day.
• Additionally, she acquired 7,990 RSUs that will vest on the earliest of the first anniversary of the grant date, the company's annual meeting of stockholders in 2025, her death or disability, or a change in control of the Issuer.
• Settlement of these RSUs is deferred until the earliest of the third anniversary of the grant date, her death or disability, a change in control, or her separation of service from the Issuer.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The RSUs vest based on specific conditions, including time-based vesting, the occurrence of certain events (death, disability, change in control), and the Reporting Person's separation of service from the Issuer. The settlement of some RSUs is deferred.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The transactions may provide insights to shareholders regarding the director's view of the company's prospects.

Key Dates