PubMatic (PUBM) awards 241,595 RSUs to Chief Growth Officer Klimenko

Rhea-AI Filing Summary

PubMatic, Inc. reported that Chief Growth Officer Paulina Klimenko acquired 241,595 restricted stock units (RSUs) as an equity award. Each RSU represents the right to receive one share of Class A common stock for no cash payment when it vests.

The RSUs vest as to 1/16 of the total shares quarterly, beginning on April 1, 2026, as long as she continues providing service to the company on each vesting date. The RSUs do not have a traditional expiration date; they will either vest over time or be canceled before vesting.

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

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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^*

Klimenko Paulina

(Last) (First) (Middle)

C/O PUBMATIC, INC.

601 MARSHALL STREET

(Street)

REDWOOD CITY CA 94063

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PubMatic, Inc. [ PUBM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF GROWTH OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/17/2026		A		241,595		(2)	(3)	Class A Common Stock	241,595	$0	241,595	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a right to receive one share of the Issuer's Class A Common Stock at the time of vesting for no consideration.

2. The RSUs vest as to 1/16 of the total shares quarterly beginning on April 1, 2026, subject to the Reporting Person's provision of service to the Issuer on each vesting date.

3. RSUs do not expire; they either vest or are canceled prior to the vesting date.

	/s/ Andrew Woods, Attorney-in-Fact	02/19/2026
	** 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).
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FAQ

What insider transaction did PubMatic (PUBM) report for Paulina Klimenko?

PubMatic reported that Chief Growth Officer Paulina Klimenko received an equity award of 241,595 restricted stock units (RSUs). Each RSU represents a right to receive one share of Class A common stock for no cash payment when vesting conditions are met.

How many PubMatic (PUBM) RSUs were granted and at what price?

Paulina Klimenko was granted 241,595 RSUs at a stated price of $0.0000 per unit. The filing explains that each RSU converts into one share of Class A common stock at vesting, without requiring cash consideration from the executive.

What is the vesting schedule for Paulina Klimenko’s PubMatic (PUBM) RSUs?

The 241,595 RSUs vest as to 1/16 of the total shares quarterly, starting on April 1, 2026. Vesting is contingent on her continued service to PubMatic on each scheduled vesting date, aligning the award with ongoing employment.

Do PubMatic (PUBM) RSUs granted to Paulina Klimenko have an expiration date?

The filing states that these RSUs do not expire in the traditional option sense. Instead, they will either vest according to the quarterly schedule or be canceled prior to the vesting date if conditions like continued service are not satisfied.

What type of security was involved in the PubMatic (PUBM) insider Form 4 filing?

The Form 4 involves restricted stock units (RSUs), a form of stock-based compensation. Each RSU represents a right to receive one share of PubMatic’s Class A common stock upon vesting, with no cash consideration required from the reporting officer.

How did this PubMatic (PUBM) RSU grant affect Paulina Klimenko’s holdings?

After the reported transaction, Paulina Klimenko beneficially held 241,595 RSUs according to the filing. These units convert into Class A common stock only as they vest over time, so the ultimate share delivery depends on future vesting and potential cancellations.