PubMatic director granted 15,839 RSUs

MEHTA NIKHIL RAMESH reported acquisition or exercise transactions in this Form 4 filing.

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Form Type

Rhea-AI Filing Summary

MEHTA NIKHIL RAMESH reported acquisition or exercise transactions in this Form 4 filing.

PubMatic, Inc. director Nikhil Ramesh Mehta received a grant of 15,839 restricted stock units (RSUs) linked to Class A Common Stock. Each RSU represents a right to receive one share upon settlement. The RSUs vest in full on the earlier of the first anniversary of the grant date, immediately before the 2027 annual stockholders’ meeting, the director’s death or disability, or a change in control of the company. After this award, the filing shows the director holding 15,839 RSUs directly.

Insider Trade Summary

Grant/Award: 15,839 shares

Grant/Award 1 txn

Insider MEHTA NIKHIL RAMESH

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 contracts (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. 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 units Grant price per RSU: $0.00 RSUs after transaction: 15,839 units +2 more

5 metrics

RSUs granted 15,839 units Restricted Stock Unit award to director on May 29, 2026

Grant price per RSU $0.00 Reported transaction price per RSU

RSUs after transaction 15,839 units Total RSUs held directly following the award

Underlying shares per RSU 1 share Each RSU equals one share of Class A Common Stock

Vesting deadline reference 2027 annual meeting One of the earliest vesting triggers

Key Terms

Restricted Stock Units, Class A Common Stock, change in control, vesting, +1 more

5 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units""

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

"underlying_security_title: "Class A Common Stock""

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.

vesting financial

"The RSUs vest in full on the earliest to occur of (a) the first anniversary of the grant date"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

settlement financial

"upon settlement of the RSUs."

Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did PubMatic (PUBM) disclose about director Nikhil Mehta in this Form 4?

PubMatic reported that director Nikhil Ramesh Mehta received a grant of 15,839 restricted stock units. These RSUs are tied to Class A Common Stock and will convert into shares if the specified vesting conditions are met.

How many restricted stock units did PubMatic (PUBM) grant to Nikhil Mehta?

The filing shows a grant of 15,839 restricted stock units to director Nikhil Ramesh Mehta. Each RSU corresponds to one share of PubMatic’s Class A Common Stock when the units ultimately settle after vesting.

What are the vesting terms of Nikhil Mehta’s RSUs at PubMatic (PUBM)?

The RSUs vest in full on the earliest of the first anniversary of the grant date, immediately before PubMatic’s 2027 annual stockholders’ meeting, the director’s death or disability, or a change in control of the issuer.

Do PubMatic (PUBM) RSUs received by Nikhil Mehta 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, so there is no separate expiration schedule like traditional stock options.

What does each PubMatic (PUBM) RSU granted to Nikhil Mehta represent?

Each restricted stock unit represents a contingent right to receive one share of PubMatic’s Class A Common Stock. Shares are delivered to the reporting person when the RSUs settle after satisfying the vesting requirements.

How many PubMatic (PUBM) RSUs does Nikhil Mehta hold after this transaction?

Following this grant, the Form 4 shows Nikhil Ramesh Mehta holding 15,839 restricted stock units directly. This figure reflects his total RSU position reported in this filing after the award transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/02/2026 - 05:29 PM EDT

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^*

MEHTA NIKHIL RAMESH

(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)
05/29/2026

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⁾	05/29/2026		A		15,839		⁽²⁾	⁽³⁾	Class A Common Stock	15,839	$0	15,839	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 2027, (c) the Reporting Person's death or disability, and (d) a change in control of 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	06/02/2026
	** 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