Form 4: PubMatic Executive Mukul Kumar Reports Stock Transactions

Mukul Kumar, President of Engineering at PubMatic, reports the acquisition and disposition of Class A Common Stock on February 10, 2025, according to a Form 4 filing.

Summary

• On February 10, 2025, Mukul Kumar, President of Engineering at PubMatic, engaged in transactions involving PubMatic's Class A Common Stock.
• Kumar acquired 7,000 shares of Class A Common Stock at $0.
• Simultaneously, Kumar disposed of 7,000 shares of Class A Common Stock at a weighted average price of $16.5057, with prices ranging from $16.50 to $16.57.
• Following these transactions, Kumar directly owns 52,005 shares of Class A Common Stock.
• The sale was executed under a Rule 10b5-1 trading plan adopted on March 5, 2024.
• Kumar also holds 47,600 shares of Class B Common Stock, each convertible to Class A Common Stock under certain conditions.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports transactions by an insider under a pre-arranged trading plan. There is no indication of positive or negative sentiment towards the company.

Positives

• The reporting person still holds a significant amount of shares after the transaction.

Industry Context

Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders.

Key Dates

Keywords

Form 4, PubMatic, Mukul Kumar, Class A Common Stock, Class B Common Stock, Rule 10b5-1, Insider Trading