PubMatic CFO Steven Pantelick sells 50,000 shares
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
PubMatic, Inc. (PUBM) Chief Financial Officer Steven Pantelick converted 50,000 Class B Common Stock shares into Class A shares on November 12, 2026, then reported sales totaling 50,000 Class A shares: 24,500 at a weighted-average $18.4849 and 25,500 at $18.9283. The reported sale-price ranges were $17.7776-$18.77 and $18.78-$19.14, respectively. No Rule 10b5-1 plan is reported.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Pantelick Steven
Role
CHIEF FINANCIAL OFFICER
Sold
50,000 shs ($936K)
Approx. gross sale proceeds
$936K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F3 | 50,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 50,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock F1 | 24,500 | $18.4849 | $453K |
| Sale | Class A Common Stock F2 | 25,500 | $18.9283 | $483K |
| Holding | Class B Common Stock F3 | -- | -- | -- |
| Holding | Class B Common Stock F3, F4 | -- | -- | -- |
| Holding | Class B Common Stock F3, F5 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 247,488 shares (Direct);
Class A Common Stock — 10,353 shares (Direct);
Class B Common Stock — 73,464 shares (Indirect, By spouse);
Class B Common Stock — 41,536 shares (Indirect, By PSLT DE LLC);
Class B Common Stock — 115,000 shares (Indirect, By SMP DE LLC)
Footnotes (5)
- F1. The price reported in this line item is a weighted average price. These shares were sold at prices ranging from $17.7776 to $18.77, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F2. The price reported in this line item is a weighted average price. These shares were sold at prices ranging from $18.78 to $19.14, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F3. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
- F4. The Reporting Person and his children are beneficiaries of PSLT DE LLC.
- F5. The Reporting Person's spouse and his children are beneficiaries of SMP DE LLC.
Key Figures
Class B shares converted: 50,000 shares
First Class A sale: 24,500 shares; weighted-average $18.4849 per share
Second Class A sale: 25,500 shares; weighted-average $18.9283 per share
+4 more
7 metrics
Class B shares converted
50,000 shares
Converted into Class A Common Stock on November 12, 2026
First Class A sale
24,500 shares; weighted-average $18.4849 per share
November 12, 2026; reported price range $17.7776-$18.77
Second Class A sale
25,500 shares; weighted-average $18.9283 per share
November 12, 2026; reported price range $18.78-$19.14
Direct Class B holdings
247,488 shares
Reported following the transaction
Class B holdings through spouse
73,464 shares
Indirect holding reported following the transaction
Class B holdings through PSLT DE LLC
41,536 shares
Indirect holding reported following the transaction
Class B holdings through SMP DE LLC
115,000 shares
Indirect holding reported following the transaction
Key Terms
weighted average price, Class B Common Stock, convertible
3 terms
weighted average price financial
"the weighted average price reported for the 24,500-share sale"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class B Common Stock technical
"each share of Class B Common Stock is convertible into one share of Class A Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
convertible technical
"convertible into one share of Class A Common Stock at the option of the holder"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
FAQ
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