Form 4: PubMatic's Chief Growth Officer, Paulina Klimenko, Reports Stock Transactions

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 October 1, 2024, Paulina Klimenko, Chief Growth Officer of PubMatic, acquired 15,971 shares of Class A Common Stock.
• On October 2, 2024, she disposed of 8,028 shares of Class A Common Stock at a weighted average price of $14.5244 per share.
• These sales were to cover tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs).
• Klimenko also exercised options related to 2,902, 6,584 and 6,485 Restricted Stock Units on October 1, 2024.
• Following these transactions, Klimenko directly owns 14,561 shares of Class A Common Stock and holds 14,514, 59,252 and 84,301 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the sale of shares, but it is primarily related to tax obligations of the reporting person.

Key Dates