Form 4: PubMatic Executive Paulina Klimenko Reports Stock Transactions

Paulina Klimenko, Chief Growth Officer of PubMatic, reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units (RSUs) to cover tax obligations.

Summary

• On March 31, 2024, Paulina Klimenko acquired 1,155 shares of Class A Common Stock.
• On April 1, 2024, she disposed of 435 shares of Class A Common Stock at a price of $23.6366 per share.
• These sales were to cover tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs).
• The price reported reflects a weighted average price from a block trade with prices ranging from $23.52 to $23.76.
• As of the report, Klimenko directly owns 720 shares of Class A Common Stock and 3,467 Restricted Stock Units.
• The RSUs vest over time, subject to continued service with PubMatic.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects routine transactions related to stock-based compensation and tax obligations.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to internal compensation and tax obligations.

Key Dates