Jones Ramon 4

What Happened

• Ramon Jones, a director of PubMatic, was granted 15,811 restricted stock units (RSUs) on 2025-05-30. The award is recorded as a derivative grant (transaction code A) at $0.00 per unit (no cash paid). Each RSU is a contingent right to one share of Class A common stock upon settlement.

Key Details

• Transaction date and price: 2025-05-30; 15,811 RSUs; $0.00 per RSU (derivative award).
• Shares owned after transaction: not specified in this Form 4 filing.
• Vesting/settlement (from footnotes): RSUs vest in full on the earliest of (a) first anniversary of grant, (b) immediately prior to the 2026 annual meeting, (c) the reporting person’s death or disability, or (d) a change in control. The reporting person elected to defer settlement until the earliest of (i) third anniversary of grant, (ii) death or disability, (iii) change in control, or (iv) separation of service. RSUs do not expire.
• Filing timeliness: Form filed 2026-04-14 for a 2025-05-30 grant — the report was submitted well after the transaction date (late filing). Late filings reduce disclosure timeliness and can carry regulatory consequences, but do not by themselves change the economics of the grant.

Context

• RSU grants are a common form of executive/director compensation and represent a future right to stock rather than an immediate purchase or sale; they are generally neutral with respect to near-term market sentiment. Because settlement is deferred and subject to vesting, these RSUs do not immediately increase voteable shares or trading activity.