PUBM.NASDAQPubmatic, INC

Form 4: PubMatic Executive Lisa Gimbel Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Lisa Gimbel, Chief Accounting Officer of PubMatic, Inc., reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units.

Summary

  • Lisa Gimbel, the Chief Accounting Officer of PubMatic, Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On August 15, 2024, Gimbel acquired 5,581 shares of Class A Common Stock and 772 shares through the vesting of Restricted Stock Units (RSUs).
  • Also on August 15, 2024, 5,581 and 772 Restricted Stock Units vested.
  • On August 16, 2024, Gimbel disposed of 2,397 shares of Class A Common Stock at a weighted average price of $13.6608 per share.
  • On August 27, 2024, Gimbel disposed of 900 shares of Class A Common Stock at $15.83 per share.
  • Following these transactions, Gimbel directly owns 3,056 shares of Class A Common Stock.
  • Gimbel also owns 16,740 Restricted Stock Units that vest quarterly from August 15, 2024, and 10,817 Restricted Stock Units that vest quarterly from May 15, 2024.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

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.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

DateDescription
08/15/2024Acquisition of Class A Common Stock and vesting of Restricted Stock Units
08/16/2024Sale of Class A Common Stock
08/27/2024Sale of Class A Common Stock

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