Goel Amar K. 4

What Happened

• Amar K. Goel, reported as a 10% owner of PubMatic, was granted 138,462 restricted stock units (RSUs) on February 17, 2026. The award is reported as a derivative grant (code A) with a $0.00 acquisition price — RSUs represent a right to receive shares at vesting, not an open-market purchase.

Key Details

• Transaction date: 2026-02-17; Filing date: 2026-02-19 (appears timely under Form 4 rules).
• Grant: 138,462 RSUs; reported acquisition price: $0.00 (no cash exchanged).
• Vesting: RSUs vest as to 1/16 of the total shares quarterly beginning April 1, 2026, contingent on continued service (footnote F2).
• RSU mechanics: Each RSU converts to one share at vesting for no consideration; RSUs do not expire but may be canceled if unvested (footnotes F1, F3).
• Shares owned after the grant: Not specified in the provided filing excerpt.
• Transaction type: Award/grant of equity (derivative), not a buy or sell — not an immediate cash flow or market sale.

Context

• This is an equity compensation grant (RSUs) to a 10% owner, which is a compensation/ownership event rather than a market-direction trade. Such awards are routine for compensating or aligning insiders with shareholder interests; they do not by themselves indicate buying or selling pressure.