PubMatic (PUBM) Chief Accounting Officer Lisa Gimbel Sells 500 Shares

What Happened

• Lisa Gimbel, PubMatic's Chief Accounting Officer, disposed of 500 shares of PubMatic Class A common stock on August 12, 2026.
• The shares were sold at $17.50 each for a total transaction value of $8,750. This was a sale (routine disposition), not a purchase.

Key Details

• Transaction date: 2026-08-12; Price: $17.50 per share; Total proceeds: $8,750.
• Filing date: 2026-08-14. The Form 4 was filed promptly after the transaction.
• Shares owned after the transaction: not specified in the provided excerpt. The filing notes that holdings include 1,384 shares acquired on May 29, 2026 under the issuer's employee stock purchase plan (ESPP).
• Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Ms. Gimbel on May 13, 2026 (prearranged plan).

Context

• Sales under 10b5-1 plans are prearranged and are generally considered routine disposals rather than real-time signals of insider sentiment. This single small sale ($8.8k) is limited in size and should be viewed accordingly by investors.