Pantelick Steven 4

What Happened

Steven Pantelick, Chief Financial Officer of PubMatic, sold 16,282 shares on April 6, 2026 in an open‑market transaction for total proceeds of approximately $137,469. The reported weighted-average sale price was $8.44 (individual sale prices ranged from $8.315 to $8.52). This was a sale (S), not a purchase or option exercise.

Key Details

• Transaction date: April 6, 2026; Form 4 filed April 8, 2026 (appears timely).
• Amount sold: 16,282 shares for about $137,469.
• Price: reported weighted average $8.44; per-footnote range $8.315–$8.52. Reporting person can provide per-price breakdown on request.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: (1) Sale executed under a Rule 10b5-1 trading plan adopted May 28, 2025; (2) weighted-average price with range disclosed.
• Transaction type code: S = Sale (open-market/private sale).

Context

Sales made under an established 10b5-1 plan are pre-planned and often indicate routine disposition rather than a real-time view of company prospects. For retail investors, purchases typically convey stronger direct insider confidence than routine sales; this filing documents a planned sale by the CFO rather than a new purchase.