PubMatic CEO Rajeev K. Goel sells 50,021 shares
The reported Class A sale occurred under a Rule 10b5-1 plan adopted on March 5, 2026.
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Form Type
4
Rhea-AI Filing Summary
PubMatic, Inc. Chief Executive Officer Rajeev K. Goel exercised 21,871 fully vested options at $2.15 per share to acquire Class B common stock, converted 34,371 Class B shares into Class A, and sold 50,021 Class A shares on October 22, 2026, at a weighted average $17.2575 per share. The sale was made under a Rule 10b5-1 trading plan. After the sales, Goel held 2,343,968 Class A and Class B shares; that figure excludes vested but unexercised options, unvested options and unvested restricted stock units.
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
50,021 shs ($863K)
Approx. gross sale proceeds
$863K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to buy Class B Common Stock) F5 | 21,871 | $0.00 | $0.00 |
| Exercise | Class B Common Stock F1 | 21,871 | $2.15 | $47K |
| Conversion | Class B Common Stock F1 | 34,371 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 34,371 | -- | -- |
| Sale | Class A Common Stock F2, F3, F4 | 50,021 | $17.2575 | $863K |
| 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) — 51,217 contracts (Direct);
Class B Common Stock — 160,984 contracts (Direct);
Class A Common Stock — 31,774 shares (Direct);
Class B Common Stock — 2,151,210 contracts (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 2,343,968 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.
- 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 $16.97 and the highest price at which shares were sold was $17.67. 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
Options exercised: 21,871 options
Option exercise price: $2.15 per share
Class B shares converted into Class A: 34,371 shares
+5 more
8 metrics
Options exercised
21,871 options
October 22, 2026
Option exercise price
$2.15 per share
For the reported exercise on October 22, 2026
Class B shares converted into Class A
34,371 shares
October 22, 2026
Class A shares sold
50,021 shares
October 22, 2026
Weighted average sale price
$17.2575 per share
Reported Class A share sales
Sale price range
$16.97–$17.67 per share
Reported Class A share sales
Class A and Class B shares held after sales
2,343,968 shares
Following the reported sales; excludes vested but unexercised options, unvested options and unvested restricted stock units
Options held after exercise
51,217 options
Class B common stock options; expiration date May 1, 2027
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, fully vested, automatic conversion
4 terms
Rule 10b5-1 trading plan regulatory
"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."
fully vested financial
"The options are fully vested."
automatic conversion technical
"will convert automatically into one share of Class A common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many options did PubMatic's CEO hold after the exercise?
After the reported exercise, Rajeev K. Goel held options to buy 51,217 shares of Class B common stock. The options were fully vested and had an expiration date of May 1, 2027.
When was Rajeev K. Goel's Rule 10b5-1 plan adopted?
The Rule 10b5-1 trading plan used for the reported sales was adopted on March 5, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
