Form 4: PubMatic Executive Mukul Kumar Reports Stock Transactions
SEC Form 4 Filing
Mukul Kumar, President of Engineering at PubMatic, reported the acquisition and disposal of Class A Common Stock and Restricted Stock Units (RSUs) on April 1 and April 2, 2025.
Summary
- On April 1, 2025, Mukul Kumar acquired 13,861 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
- On April 2, 2025, Kumar disposed of 5,401 shares of Class A Common Stock at a weighted average price of $9.3073 per share.
- These sales were to cover tax withholding obligations related to the vesting of the RSUs.
- Kumar also disposed of RSUs that vested on April 1, 2025.
- The RSUs vest quarterly, subject to continued service to the Issuer.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Future Outlook
The RSUs continue to vest quarterly, contingent on the Reporting Person's continued service to the Issuer.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- Shareholders are informed about insider trading activities, promoting transparency.
- The transactions may have a minor impact on the stock price due to the volume of shares traded.
Key Dates
| Date | Description |
|---|---|
| 04/01/2022 | RSUs vested as to 1/16th of the total shares. |
| 04/01/2023 | RSUs vested as to 1/16th of the total shares. |
| 04/01/2024 | RSUs vested as to 1/16th of the total shares. |
| 04/01/2025 | RSUs vested as to 1/16th of the total shares; Mukul Kumar acquired 13,861 shares of Class A Common Stock through RSU vesting. |
| 04/02/2025 | Mukul Kumar disposed of 5,401 shares of Class A Common Stock at a weighted average price of $9.3073 per share. |
| 04/03/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, PubMatic, PUBM, Mukul Kumar, stock transaction, Class A Common Stock, Restricted Stock Units, RSU, insider trading, SEC
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