[Form 4] PubMatic, Inc. Insider Trading Activity
PubMatic, Inc. CEO Rajeev K. Goel reported an option exercise-and-sale transaction involving 44,000 shares.
Rhea-AI Filing Summary
PubMatic, Inc. CEO Rajeev K. Goel reported an option exercise-and-sale transaction involving 44,000 shares. He exercised fully vested stock options to acquire 44,000 shares of Class B common stock at an exercise price of $1.11 per share, which were converted into 44,000 shares of Class A common stock.
Those 44,000 Class A shares were then sold at a weighted average price of $9.5516 per share, with individual sale prices ranging from $9.43 to $9.645. The sales were effected pursuant to a Rule 10b5-1 trading plan and were carried out by The Goel Family Trust. Following these transactions, Mr. Goel holds 2,362,194 shares of Class A and Class B common stock in total, not including unexercised or unvested equity awards.
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
44,000 shs ($420K)
Approx. gross sale proceeds
$420K
Approx. exercise cost
$49K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to buy Class B Common Stock) | 44,000 | $0.00 | $0.00 |
| Exercise | Class B Common Stock | 44,000 | $1.11 | $49K |
| Conversion | Class B Common Stock | 44,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 44,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 44,000 | $9.5516 | $420K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to buy Class B Common Stock) — 7,996 contracts (Direct);
Class B Common Stock — 465,968 contracts (Direct);
Class A Common Stock — 21,206 shares (Direct);
Class B Common Stock — 2,151,210 contracts (Indirect, See footnote)
Footnotes (11)
- 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 2,362,194 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 July 7, 2026.
- 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 2, 2025.
- F4. These securities were transferred by the Reporting Person to The Goel Family Trust, of which the Reporting Person and his spouse are beneficiaries, and were sold by the Goel Family Trust as reported herein.
- F5. Represents the weighted average sale price. The lowest price at which shares were sold was $9.43 and the highest price at which shares were sold was $9.645. 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.
- F6. The options are fully vested.
- F7. These securities are held by the Reporting Person, as custodian for the benefit of his children under the California Uniform Transfers to Minors Act.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. These securities are held by The Goel Family Trust, of which the Reporting Person and his spouse are beneficiaries.
Key Figures
Shares sold: 44,000 shares
Weighted average sale price: $9.5516 per share
Sale price range: $9.43–$9.645 per share
+5 more
8 metrics
Shares sold
44,000 shares
Class A common stock sold on transaction date
Weighted average sale price
$9.5516 per share
Class A sale price, range $9.43–$9.645
Sale price range
$9.43–$9.645 per share
Lowest and highest prices in reported sales
Option exercise price
$1.11 per share
Stock option to buy Class B common stock
Shares acquired via option exercise
44,000 shares
Class B common stock from exercised options
Post-transaction holdings
2,362,194 shares
Total Class A and B held after sales
Remaining option shares
7,996 shares
Stock option position after 44,000-share exercise
Option expiration date
July 7, 2026
Expiration of option award exercised in this filing
Key Terms
Rule 10b5-1 trading plan, Class B common stock, weighted average sale price, California Uniform Transfers to Minors Act, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 2, 2025."
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.
Class B common stock financial
"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."
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.
weighted average sale price financial
"Represents the weighted average sale price. The lowest price at which shares were sold was $9.43 and the highest price at which shares were sold was $9.645."
California Uniform Transfers to Minors Act financial
"These securities are held by the Reporting Person, as custodian for the benefit of his children under the California Uniform Transfers to Minors Act."
pecuniary interest financial
"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..."
FAQ
What did PubMatic (PUBM) CEO Rajeev Goel report in this Form 4?
He reported exercising options for 44,000 shares and selling 44,000 Class A shares. The activity reflects an option exercise-and-sale pattern, documented as part of his overall equity holdings in PubMatic common stock.
Were the PubMatic (PUBM) CEO’s stock sales under a 10b5-1 trading plan?
Yes, the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on March 2, 2025. Such pre-arranged plans schedule transactions in advance, providing a structured framework for insider share sales.
What are Rajeev Goel’s PubMatic (PUBM) holdings after these transactions?
After the reported sales, he holds 2,362,194 shares of PubMatic Class A and Class B common stock. This figure does not include vested but unexercised options, unvested options, or unvested restricted stock units as of the filing date.
What stock options did the PubMatic (PUBM) CEO exercise in this filing?
He exercised options covering 44,000 shares of Class B common stock at an exercise price of $1.11 per share. The filing notes these options are fully vested and the option award expires on July 7, 2026.
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