PubMatic (PUBM) CFO Steven Pantelick Sells 41,919 Shares

What Happened
Steven Pantelick, Chief Financial Officer of PubMatic (PUBM), sold a total of 41,919 shares in two transactions: 22,203 shares on 2026-08-12 at a weighted average price of $17.25 (proceeds $383,064) and 19,716 shares on 2026-08-13 at a weighted average price of $17.31 (proceeds $341,205). Combined proceeds were approximately $724,269. These were sales (not purchases) and were executed under a pre-arranged trading arrangement.

Key Details

• Transaction dates and weighted-average prices:
  • Aug 12, 2026 — 22,203 shares @ $17.25 (proceeds $383,064). Price range reported: $17.08–$17.78 (F2).
  • Aug 13, 2026 — 19,716 shares @ $17.31 (proceeds $341,205). Price range reported: $17.05–$17.618 (F3).
• Total shares sold: 41,919; total reported proceeds: ~$724,269.
• These sales were made pursuant to a Rule 10b5-1 trading plan adopted May 13, 2026 (F1).
• Shares owned after the transactions: not disclosed in the provided filing excerpt.
• Filing date: Aug 14, 2026. The Form 4 does not indicate a late filing.

Context

• Sales under a 10b5-1 plan are pre-arranged and common for insiders to manage holdings; they do not by themselves indicate the insider’s current view of the company.
• For retail investors, purchases are often more indicative of insider confidence; this filing documents routine, pre-planned dispositions.