Woods Andrew 4

What Happened

• Andrew Woods, General Counsel & Secretary of PubMatic (PUBM), was granted two awards on Feb 17, 2026: 69,231 RSUs and 207,692 RSUs (total 276,923 RSUs). Each RSU represents a right to receive one share of Class A common stock at vesting and were granted at $0.00 (no cash exchanged).

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (timely filing).
• Grants: 69,231 RSUs and 207,692 RSUs; grant price reported $0.00 (derivative award).
• Shares owned after transaction: not specified in the provided data.
• Relevant footnotes:
  • F1: Each RSU converts to one share at vesting for no consideration.
  • F2: The RSUs vest as to 1/16 of the total shares quarterly beginning April 1, 2026, subject to continued service.
  • F3: RSUs do not expire; they vest or are canceled prior to vesting.
  • F4: The filing also includes an option vesting schedule (1/48 on Feb 1, 2026, then monthly), which appears to apply to other awards in the filing.
• Transaction code: A = Award/Grant.

Context

• These are compensation awards (RSUs), not open-market purchases or sales. RSUs do not represent immediately tradable shares — the economic value depends on PubMatic’s share price at each vesting date and continued employment.
• Awards are common executive compensation and do not, by themselves, indicate insider buying or selling intent.