PubMatic (NASDAQ: PUBM) director granted 15,839 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jones Ramon reported acquisition or exercise transactions in this Form 4 filing.
PubMatic, Inc. director Ramon Jones received a grant of 15,839 restricted stock units, each representing one share of Class A Common Stock. The RSUs vest in full on the earliest of several events, including the first anniversary of the grant date or a future annual meeting, and settlement of shares has been deferred under elected terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jones Ramon
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15,839 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 15,839 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 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. RSUs do not expire; they either vest or are cancelled prior to vesting date.
Key Figures
RSUs granted: 15,839 units
RSU price: $0.00 per unit
Shares underlying RSUs: 15,839 shares
3 metrics
RSUs granted
15,839 units
Restricted Stock Units granted to director on May 29, 2026
RSU price
$0.00 per unit
Reported transaction price for RSU grant
Shares underlying RSUs
15,839 shares
Each RSU represents one share of Class A Common Stock
Key Terms
Restricted Stock Units, change in control, separation of service
3 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.
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
"and (iv) the Reporting Person's separation of service from the Issuer"
FAQ
What insider transaction did PubMatic (PUBM) disclose in this Form 4?
PubMatic disclosed that director Ramon Jones received a grant of 15,839 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of PubMatic’s Class A Common Stock upon settlement, reflecting equity-based director compensation.
How many PubMatic (PUBM) RSUs were granted to director Ramon Jones?
Director Ramon Jones was granted 15,839 restricted stock units. Following this grant, his reported holding in this award is 15,839 RSUs, each tied to one share of PubMatic’s Class A Common Stock when they eventually settle under the plan’s terms.
When do Ramon Jones’ RSUs in PubMatic (PUBM) vest?
The RSUs vest in full on the earliest of several events, including the first anniversary of the grant date or immediately before PubMatic’s annual stockholder meeting in 2027. They may also vest upon death, disability, or a change in control of the issuer.
Do the PubMatic (PUBM) RSUs granted to Ramon Jones have an expiration date?
The filing states that RSUs do not expire. Instead, they either vest based on the specified conditions or are cancelled if those vesting conditions are not met before the relevant vesting date described in the award terms.
What is the exercise or purchase price of the PubMatic (PUBM) RSUs granted to Ramon Jones?
The reported per-unit price for the RSU grant is $0.00, consistent with restricted stock units functioning as a form of equity compensation that does not require the director to pay an exercise or purchase price for the underlying shares.