Form 4: PubMatic Executive Amar K. Goel Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Amar K. Goel, Chairman and Chief Innovation Officer of PubMatic, Inc., reported transactions involving Class A and Class B Common Stock, including acquisitions and dispositions through various trusts.
Summary
- On May 31, 2024, Amar K. Goel acquired 2,150 shares of Class A Common Stock at $0 through a conversion.
- On June 4, 2024, he disposed of 2,150 shares of Class A Common Stock at $0 through a gift.
- These transactions were conducted through the Birchwood Trust, of which Goel and his spouse are beneficiaries.
- Goel also indirectly holds shares through the Tuscan Irrevocable Trust, the Marais Irrevocable Trust, the RAJN Trust-A, the RAJN Trust-N, and as custodian for his children under the California Uniform Transfers to Minors Act.
- Each share of Class B common stock will convert automatically into one share of Class A common stock upon any transfer, except for certain permitted transfers.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives and directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
- The filing ensures transparency for all stakeholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Acquisition of 2,150 shares of Class A Common Stock. |
| 06/04/2024 | Disposition of 2,150 shares of Class A Common Stock. |
| 06/04/2024 | Date of signature for the report. |
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