Form 4: PubMatic Executive Paulina Klimenko Reports Stock Transactions
SEC Form 4 Filing
Paulina Klimenko, Chief Growth Officer of PubMatic, Inc., reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units (RSUs) to cover tax obligations.
Summary
- On April 1, 2025, Paulina Klimenko, Chief Growth Officer of PubMatic, acquired 21,334 shares of Class A Common Stock through the vesting of Restricted Stock Units.
- On April 2, 2025, she disposed of 7,624 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 RSUs.
- The RSUs vest in installments, typically 1/16th of the total shares quarterly, contingent upon continued service to PubMatic.
- Klimenko also disposed of 2,903, 6,583, 6,484 and 5,364 Restricted Stock Units on April 1, 2025.
- Following these transactions, Klimenko directly owns 38,592 shares of Class A Common Stock and holds 226,572 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and provide transparency to the market regarding the buying and selling activities of company executives and directors.
Stakeholder Impact
- Shareholders are informed about the insider trading activities of PubMatic's Chief Growth Officer.
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 | Acquisition of 21,334 shares of Class A Common Stock through RSU vesting; disposal of 2,903, 6,583, 6,484 and 5,364 Restricted Stock Units. |
| 04/02/2025 | Disposal of 7,624 shares of Class A Common Stock at an average price of $9.3073. |
| 04/03/2025 | Date of Form 4 signature. |
Keywords
PubMatic, Klimenko, stock transactions, Form 4, RSU, Class A Common Stock, Chief Growth Officer, vesting, tax obligations, SEC
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