PubMatic (PUBM) director exercises 9,971 RSUs and receives 15,839-unit grant
Rhea-AI Filing Summary
PubMatic director Yakov (Jacob) Shulman reported equity compensation activity. On May 31, 2026, he exercised 9,971 Restricted Stock Units into 9,971 shares of Class A Common Stock at a stated price of $0.00 per share, bringing his direct holdings to 18,036 shares.
On May 29, 2026, he also received a new grant of 15,839 RSUs, each representing one future share of Class A Common Stock. The footnotes explain these RSUs vest on the earliest of several events, including the first anniversary of grant, specified future stockholder meetings, death or disability, or a change in control, with settlement deferred until certain later events such as the third anniversary, death or disability, change in control, or separation of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,971 shares
Net Buy
3 txns
Insider
Shulman Yakov (Jacob)
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,971 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 9,971 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 15,839 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 15,839 shares (Direct);
Class A Common Stock — 18,036 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- F2. 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 2027, (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.
- F3. RSUs do not expire; they either vest or are cancelled prior to vesting date.
- F4. 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 2024, (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.
Key Figures
RSUs exercised into shares: 9,971 shares
Post-transaction share holdings: 18,036 shares
New RSU grant size: 15,839 RSUs
+2 more
5 metrics
RSUs exercised into shares
9,971 shares
Class A Common Stock acquired on May 31, 2026 via RSU exercise
Post-transaction share holdings
18,036 shares
Class A Common Stock directly held after May 31, 2026 exercise
New RSU grant size
15,839 RSUs
Restricted Stock Units granted on May 29, 2026
Exercise price per RSU
$0.00 per unit
Stated price for RSU conversion into Class A Common Stock
RSUs following exercise
0 RSUs
Previously exercised 9,971 RSUs show zero remaining in that lot
Key Terms
Restricted Stock Units, change in control, separation of service from the Issuer
3 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement."
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
"The RSUs vest in full on the earliest to occur of ... 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 from the Issuer financial
"settlement of the RSUs until the earliest to occur of ... the Reporting Person's separation of service from the Issuer."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did PubMatic (PUBM) director Yakov Shulman report?
Director Yakov (Jacob) Shulman reported equity compensation activity, including exercising 9,971 Restricted Stock Units into 9,971 shares of Class A Common Stock and receiving a new grant of 15,839 RSUs, all at a stated price of $0.00 per unit.
What Restricted Stock Unit grant did PubMatic (PUBM) director Yakov Shulman receive?
Yakov (Jacob) Shulman received a grant of 15,839 Restricted Stock Units, each representing one future share of PubMatic Class A Common Stock. The RSUs were granted at a stated price of $0.00 per unit and are subject to vesting and settlement conditions.
How do Yakov Shulman’s PubMatic (PUBM) RSUs vest and settle?
The RSUs vest in full on the earliest of several events, including the first anniversary of grant, specified annual stockholder meetings, death or disability, or a change in control. Settlement is deferred until certain later events such as the third anniversary, death or disability, change in control, or separation of service.
Did PubMatic (PUBM) director Yakov Shulman conduct any open-market stock sales or purchases?
The reported Form 4 shows no open-market purchases or sales. Activity consists of an equity award of 15,839 RSUs and the exercise of 9,971 RSUs into 9,971 shares of Class A Common Stock at a stated price of $0.00 per share.