PubMatic, Inc. (PUBM) CEO exercises options and sells 211,302 shares
Rhea-AI Filing Summary
PubMatic, Inc. CEO Rajeev K. Goel exercised options for 211,302 shares of Class B common stock at an exercise price of $3.8900 per share, converted them into 211,302 Class A shares, and sold those Class A shares at a weighted average price of $17.7444 on August 7, 2026. The sales were made under a Rule 10b5-1 trading plan adopted on March 5, 2026, and following the sale he holds 2,381,386 shares of Class A and Class B common stock in total.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
11 txns
Insider
Goel Rajeev K.
Role
CHIEF EXECUTIVE OFFICER
Sold
211,302 shs ($3.75M)
Approx. gross sale proceeds
$3.75M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to buy Class B Common Stock) F5 | 211,302 | $0.00 | $0.00 |
| Exercise | Class B Common Stock F1 | 211,302 | $3.89 | $822K |
| Conversion | Class B Common Stock F1 | 211,302 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 211,302 | -- | -- |
| Sale | Class A Common Stock F2, F3, F4 | 211,302 | $17.7444 | $3.75M |
| holding | Class B Common Stock F1, F6 | -- | -- | -- |
| holding | Class B Common Stock F1, F7 | -- | -- | -- |
| holding | Class B Common Stock F1, F8 | -- | -- | -- |
| holding | Class B Common Stock F1, F9 | -- | -- | -- |
| holding | Class B Common Stock F1, F9 | -- | -- | -- |
| holding | Class B Common Stock F1, F10 | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to buy Class B Common Stock) — 100,000 shares (Direct);
Class B Common Stock — 198,484 shares (Direct);
Class A Common Stock — 31,692 shares (Direct);
Class B Common Stock — 2,151,210 shares (Indirect, See footnote)
Footnotes (10)
- F1. Each share of Class B common stock held by the Issuer's executive officers, directors and their respective affiliates will convert automatically into one share of Class A common stock upon any transfer, except for certain permitted transfers.
- F2. Following the sales reported in this line item, Mr. Goel holds 2,381,386 shares of Class A Common Stock and Class B Common Stock, which figure does not reflect vested but unexercised options, unvested options, or unvested restricted stock units, each as of the date of filing. The option award under which these shares were exercised expires on May 1 ,2027.
- F3. The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 5, 2026.
- F4. Represents the weighted average sale price. The lowest price at which shares were sold was $17.6284 and the highest price at which shares were sold was $17.9125. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- F5. The options are fully vested.
- F6. These securities are held by the Reporting Person, as custodian for the benefit of his children under the California Uniform Transfers to Minors Act.
- F7. These securities are held by The Goel Heritage Trust, of which the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F8. These securities are held by The Goel Family Gift Trust, of which family members and certain other individuals are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F9. These securities are held by a trust for the benefit of the Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F10. These securities are held by The Goel Family Trust, of which the Reporting Person and his spouse are beneficiaries.
Key Figures
Shares sold: 211,302 shares
Weighted average sale price: $17.7444 per share
Sale price range low: $17.6284 per share
+5 more
8 metrics
Shares sold
211,302 shares
Class A common stock sold on 2026-08-07
Weighted average sale price
$17.7444 per share
Open-market or private sale of 211,302 Class A shares
Sale price range low
$17.6284 per share
Lowest price in the reported sale range
Sale price range high
$17.9125 per share
Highest price in the reported sale range
Option exercise price
$3.8900 per share
Stock option for 211,302 shares of Class B common stock
Options exercised
211,302 shares
Stock Option (Right to buy Class B Common Stock)
Options remaining
100,000 options
Stock option award following the reported exercise
Post-transaction holdings
2,381,386 shares
Aggregate Class A and Class B shares held after sales
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, California Uniform Transfers to Minors Act, pecuniary interest, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"Represents the weighted average sale price. The lowest price at which shares were sold"
California Uniform Transfers to Minors Act regulatory
"held by the Reporting Person, as custodian for the benefit of his children under the California Uniform Transfers to Minors Act"
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
Class B common stock financial
"Each share of Class B common stock held by the Issuer's executive officers, directors"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did PubMatic (PUBM) CEO Rajeev Goel report in this Form 4?
Rajeev K. Goel reported exercising options for 211,302 Class B shares, converting them into 211,302 Class A shares, and selling those Class A shares at a weighted average price of $17.7444 per share on August 7, 2026.
What stock options did the PubMatic (PUBM) CEO exercise in this Form 4?
He exercised stock options covering 211,302 shares of Class B common stock at an exercise price of $3.8900 per share. The filing notes these options are fully vested, and 100,000 options of this award remain outstanding after the exercise.
Does the PubMatic (PUBM) CEO have additional indirect equity interests?
Yes. The Form 4 shows indirect holdings of Class B common stock, convertible into Class A, through various family trusts and custodial accounts, including positions corresponding to 581,260, 400,000, 68,616, 308,775, 308,775, and 483,784 underlying Class A shares.