PUBM.NASDAQPubmatic, INC

Form 4: PubMatic Executive Mukul Kumar Reports Stock Transactions

Sentiment:

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

DateDescription
04/01/2022RSUs vested as to 1/16th of the total shares.
04/01/2023RSUs vested as to 1/16th of the total shares.
04/01/2024RSUs vested as to 1/16th of the total shares.
04/01/2025RSUs vested as to 1/16th of the total shares; Mukul Kumar acquired 13,861 shares of Class A Common Stock through RSU vesting.
04/02/2025Mukul Kumar disposed of 5,401 shares of Class A Common Stock at a weighted average price of $9.3073 per share.
04/03/2025Date 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

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.