Jones Ramon 4
Research Summary
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PubMatic (PUBM) Director Ramon Jones Receives RSU Award
What Happened Ramon Jones, a director of PubMatic, received a grant of 15,839 restricted stock units (RSUs) on May 29, 2026. The RSUs were granted at $0.00 per share (no cash exchanged) and are a derivative award representing a contingent right to receive one share of Class A common stock upon settlement.
Key Details
- Transaction date and price: 2026-05-29; 15,839 RSUs at $0.00 per unit (derivative award).
- Total immediate cash value reported at grant: $0.
- Shares owned after transaction: not specified in the filing.
- Notable footnotes:
- Each RSU converts to one share of Class A common stock upon settlement (F1).
- Vesting occurs in full at the earliest of: (a) first anniversary of the grant, (b) immediately prior to the Company's 2027 annual meeting, (c) the reporting person's death or disability, or (d) a change in control (F2).
- The reporting person elected to defer settlement until the earliest of the third anniversary of the grant, death/disability, a change in control, or separation of service; RSUs do not expire (F2, F3).
- Filing date: Form 4 filed 2026-06-02 (the transaction date was 2026-05-29). Form 4s are typically required within two business days of the transaction; check the filing for any timeliness notation.
Context This was an award/grant of RSUs (not an open-market purchase or sale). RSU grants are commonly used for director compensation and typically subject to vesting and settlement rules; they do not represent immediately tradable shares until settled.