PUBM.NASDAQPubmatic, INC

Form 4: PubMatic Executive Amar Goel Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Amar Goel, Chairman and Chief Innovation Officer of PubMatic, reports the acquisition and disposal of Class A Common Stock related to RSU vesting and tax obligations.

Summary

  • On March 31, 2024, Amar Goel acquired 1,005 shares of Class A Common Stock upon the vesting of Restricted Stock Units (RSUs) at a price of $0.
  • On April 1, 2024, Goel disposed of 369 shares of Class A Common Stock at a weighted average price of $23.6366 per share.
  • The disposal was to cover tax withholding obligations related to the RSU vesting.
  • Following these transactions, Goel directly owns 636 shares of Class A Common Stock and 3,014 derivative securities (RSUs).

Sentiment

Score: 5

Explanation: The document reflects standard insider trading activity related to compensation and tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates activity related to executive compensation and tax obligations, which is typical for publicly traded companies.

Stakeholder Impact

  • The transactions have a minimal direct impact on shareholders, as they are related to executive compensation and tax obligations.

Key Dates

DateDescription
June 30, 2021RSUs vested as to 1/8 of the total shares.
March 31, 2024Acquisition of 1,005 shares of Class A Common Stock due to RSU vesting.
April 01, 2024Disposal of 369 shares of Class A Common Stock to cover tax obligations.
April 02, 2024Date of signature for the Form 4 filing.

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