PubMatic (PUBM) director receives 15,839 deferred RSUs award
Rhea-AI Filing Summary
Hanebrink Anton reported acquisition or exercise transactions in this Form 4 filing.
PubMatic, Inc. director Anton Hanebrink received a grant of 15,839 restricted stock units (RSUs) tied to Class A common stock. Each RSU represents a right to receive one share upon settlement.
The RSUs vest in full on the earliest of the first anniversary of the grant date, immediately before the company’s 2027 annual stockholder meeting, the director’s death or disability, or a change in control. Settlement of shares is deferred until the earliest of the third anniversary of the grant date, death or disability, a change in control, or separation of service, at which point Class A shares will be delivered.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hanebrink Anton
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15,839 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 15,839 shares (Direct)
Footnotes (3)
- 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.
Key Figures
RSUs granted: 15,839 RSUs
Underlying shares: 15,839 shares
Transaction price: $0.00 per RSU
+1 more
4 metrics
RSUs granted
15,839 RSUs
Restricted stock units granted to director on grant date
Underlying shares
15,839 shares
Class A common stock underlying the RSUs
Transaction price
$0.00 per RSU
Grant/award acquisition, no purchase price
Holdings after grant
15,839 derivative units
Total RSUs following this transaction
Key Terms
Restricted Stock Units, Class A Common Stock, change in control, separation of service, +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.
Class A Common Stock financial
"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.
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
"the Reporting Person's separation of service from the Issuer"
vest financial
"RSUs do not expire; they either vest or are cancelled"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did PubMatic (PUBM) director Anton Hanebrink report in this Form 4?
Anton Hanebrink reported receiving 15,839 restricted stock units from PubMatic. Each RSU represents a right to one share of Class A common stock, subject to vesting and later settlement conditions described in the filing’s footnotes.
How many PubMatic (PUBM) RSUs were granted to the director?
The director was granted 15,839 restricted stock units. These RSUs correspond to 15,839 underlying shares of PubMatic Class A common stock, which will be delivered only after the vesting and settlement conditions outlined in the award terms are satisfied.
When do Anton Hanebrink’s PubMatic (PUBM) RSUs vest?
The RSUs vest in full at the earliest of the first anniversary of the grant date, immediately before the 2027 annual stockholder meeting, the director’s death or disability, or a change in control of PubMatic, according to the award’s vesting schedule.
Do PubMatic (PUBM) RSUs in this Form 4 have an expiration date?
The footnotes state that RSUs do not expire. They either vest under the specified conditions or are cancelled before the vesting date, meaning there is no traditional option-style expiration for these units.