Kumar Mukul 4
4 · PubMatic, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
PubMatic (PUBM) President Kumar Mukul Receives RSU Award
What Happened
Kumar Mukul, President, Engineering at PubMatic, was granted 133,761 restricted stock units (RSUs) on 2026-02-17. The grant is reported as a derivative award (price listed $0.00), meaning no cash was exchanged at grant; the RSUs represent rights to receive Class A common stock when they vest.
Key Details
- Transaction date: 2026-02-17; filing date: 2026-02-19.
- Grant: 133,761 RSUs; grant price shown as $0.00 (derivative award).
- Vesting: RSUs vest as to 1/16 of the total shares quarterly beginning April 1, 2026 — effectively a 16-quarter (4-year) schedule, subject to continued service. (Footnotes F1–F3)
- RSU terms: Each RSU converts to one share at vesting; RSUs do not expire and are canceled if forfeited prior to vesting.
- Shares owned after transaction: not specified in the filing.
- No indication the filing was late; filing occurred two days after the transaction.
Context
This is a standard equity compensation award (retention/incentive), not an open-market purchase or sale. Because RSUs convert to shares only upon vesting, the grant itself does not immediately change Mukul’s publicly tradable holdings or involve cash proceeds; eventual value depends on PubMatic’s share price at each vesting date.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-02-17+133,761→ 133,761 total→ Class A Common Stock (133,761 underlying)
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]RSUs do not expire; they either vest or are canceled prior to the vesting date.