PubMatic (PUBM) director gets 15,811 RSU equity award

Q: What did PubMatic (PUBM) director Ramon Jones report in this Form 4?

Ramon Jones reported receiving 15,811 restricted stock units (RSUs) as an equity compensation award. Each RSU represents a contingent right to receive one share of PubMatic Class A Common Stock upon settlement, rather than a cash payment or market stock purchase.

Q: How many PubMatic (PUBM) RSUs were granted to Ramon Jones and what do they represent?

Jones was granted 15,811 RSUs . Each RSU represents a contingent right to receive one share of PubMatic’s Class A Common Stock upon settlement, meaning he will receive actual shares only when the RSUs settle after vesting conditions are met.

Q: Do the PubMatic (PUBM) RSUs granted to Ramon Jones ever expire?

According to the disclosure, RSUs do not expire . They either vest based on the specified vesting triggers or are cancelled before the vesting date, which means there is no fixed expiration date like traditional stock options have.

Q: Is Ramon Jones’s PubMatic (PUBM) Form 4 a stock purchase or sale?

The Form 4 reflects a grant of RSUs , classified as a grant, award, or other acquisition. It is an equity compensation award and does not represent an open-market stock purchase or sale by Jones in PubMatic’s shares.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Jones Ramon reported acquisition or exercise transactions in this Form 4 filing.

PubMatic, Inc. director Ramon Jones received a grant of 15,811 restricted stock units (RSUs), each representing one share of Class A Common Stock upon settlement. This is a compensation award, not an open-market purchase or sale.

The RSUs vest in full on the earliest of the first anniversary of the grant date, immediately before the 2026 annual stockholder meeting, Jones’s death or disability, or a change in control of PubMatic. Jones elected to defer settlement until the earliest of the third anniversary of the grant date, death or disability, a change in control, or his separation of service, at which point shares will be delivered if vested. RSUs do not expire; they either vest or are cancelled before vesting.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jones Ramon

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	15,811	$0.00	--

Holdings After Transaction: Restricted Stock Units — 15,811 shares (Direct)

Footnotes (1)

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest in full on the earliest to occur of (a) the first anniversary of the grant date, (b) immediately prior to the Company's annual meeting of stockholders in 2026, (c) the Reporting Person's death or disability, and (d) a change in control of the Issuer. The Reporting Person has elected to defer settlement of the RSUs until the earliest to occur of (i) the third anniversary of the grant date, (ii) the Reporting Person's death or disability, (iii) a change in control of the Issuer, and (iv) the Reporting Person's separation of service from the Issuer. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person upon settlement of the RSUs. RSUs do not expire; they either vest or are cancelled prior to vesting date.

Key Figures

RSU grant size: 15,811 RSUs Underlying shares: 15,811 shares Post-grant RSUs held: 15,811 units

3 metrics

RSU grant size 15,811 RSUs Grant of restricted stock units to director Ramon Jones

Underlying shares 15,811 shares Each RSU represents one share of Class A Common Stock

Post-grant RSUs held 15,811 units Total RSUs held following this transaction

Key Terms

Restricted Stock Units, change in control, separation of service, Class A Common Stock, +1 more

5 terms

Restricted Stock Units financial

"Each restricted stock unit ("RSU") represents a contingent right to receive one share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

change in control financial

"and (d) a change in control of the Issuer"

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

separation of service financial

"and (iv) the Reporting Person's separation of service from the Issuer"

Class A Common Stock financial

"receive one share of the Issuer's Class A Common Stock upon settlement"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

vest financial

"The RSUs vest in full on the earliest to occur of"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 Insider Transactions: What Each Field Means →

04/14/2026 - 05:43 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jones Ramon

(Last)

(First)

(Middle)

C/O PUBMATIC, INC.

601 MARSHALL STREET

(Street)

REDWOOD CITY

CALIFORNIA

94063

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PubMatic, Inc. [ PUBM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/30/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	05/30/2025		A		15,811		⁽²⁾	⁽³⁾	Class A Common Stock	15,811	$0	15,811	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.

2. The RSUs vest in full on the earliest to occur of (a) the first anniversary of the grant date, (b) immediately prior to the Company's annual meeting of stockholders in 2026, (c) the Reporting Person's death or disability, and (d) a change in control of the Issuer. The Reporting Person has elected to defer settlement of the RSUs until the earliest to occur of (i) the third anniversary of the grant date, (ii) the Reporting Person's death or disability, (iii) a change in control of the Issuer, and (iv) the Reporting Person's separation of service from the Issuer. Shares of the Issuer's Class A Common Stock will be delivered to the Reporting Person upon settlement of the RSUs.

3. RSUs do not expire; they either vest or are cancelled prior to vesting date.

	/s/ Andrew Woods, Attorney-in-Fact	04/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did PubMatic (PUBM) director Ramon Jones report in this Form 4?

Ramon Jones reported receiving 15,811 restricted stock units (RSUs) as an equity compensation award. Each RSU represents a contingent right to receive one share of PubMatic Class A Common Stock upon settlement, rather than a cash payment or market stock purchase.

How many PubMatic (PUBM) RSUs were granted to Ramon Jones and what do they represent?

Jones was granted 15,811 RSUs. Each RSU represents a contingent right to receive one share of PubMatic’s Class A Common Stock upon settlement, meaning he will receive actual shares only when the RSUs settle after vesting conditions are met.

When do Ramon Jones’s PubMatic (PUBM) RSUs vest according to the filing?

The RSUs vest in full on the earliest of the first anniversary of the grant date, immediately before PubMatic’s 2026 annual stockholder meeting, Jones’s death or disability, or a change in control of the company, as specified in the award’s vesting terms.

When will shares from Ramon Jones’s PubMatic (PUBM) RSUs be delivered?

Jones elected to defer settlement, so shares will be delivered on the earliest of the third anniversary of the grant date, his death or disability, a change in control of PubMatic, or his separation of service, assuming the RSUs have vested by that time.

Do the PubMatic (PUBM) RSUs granted to Ramon Jones ever expire?

According to the disclosure, RSUs do not expire. They either vest based on the specified vesting triggers or are cancelled before the vesting date, which means there is no fixed expiration date like traditional stock options have.

Is Ramon Jones’s PubMatic (PUBM) Form 4 a stock purchase or sale?

The Form 4 reflects a grant of RSUs, classified as a grant, award, or other acquisition. It is an equity compensation award and does not represent an open-market stock purchase or sale by Jones in PubMatic’s shares.