Hanebrink Anton 4

What Happened Anton Hanebrink, a director of PubMatic, Inc. (PUBM), received a grant of 15,839 restricted stock units (RSUs) on May 29, 2026. The Form 4 lists the acquisition as an award/derivative (code A) at $0.00 per unit — RSUs are a contingent right to receive shares upon settlement rather than an immediate cash purchase or sale.

Key Details

• Transaction date: 2026-05-29; transaction type: Grant/Award (code A); per‑unit price reported as $0.00.
• Number of RSUs granted: 15,839. Total cash value not reported (typical for RSU grants until shares are delivered).
• Shares owned after transaction: not specified in the provided filing.
• Vesting/settlement terms (from filing footnotes): each RSU converts to one Class A share on settlement; vesting occurs on the earliest of (a) first anniversary of grant, (b) immediately before the 2027 annual meeting, (c) death/disability, or (d) a change in control. The reporting person elected to defer settlement until the earliest of the third anniversary, death/disability, change in control, or separation of service. RSUs do not expire.
• Timeliness: Filing dated 2026-06-02 for a 2026-05-29 grant — filed within the typical two business‑day Form 4 deadline.

Context RSU grants are a common form of director compensation and represent future potential share issuance rather than an immediate market purchase or sale. Because these units vest and may be deferred for settlement, they do not necessarily indicate near‑term buying or selling activity.