PUBM PubMatic, Inc.

NEUTRAL Impact: 3/10 144
Horizon days Filed Apr 13, 2026 Processed 2mo ago SEC 0001958244-26-000210
Form 144 — notice of proposed sale of securities
Latest settled — T+20d
PUBM ▲ +12.40% at T+20d
NEUTRAL call ✓ call won +12.40% · α vs SPY +6.11% · entry $8.79 → $9.88
Next anchor: T+60d in 25d
Currently $11.35 · +29.12% from $8.79 entry
Entry anchored
Apr 13, 03:59 PM ET
via Databento tick
T+1d
+10.24%
call +10.24% · α +9.46%
$9.69
settled 2mo ago
T+5d
+7.74%
call +7.74% · α +6.34%
$9.47
settled 8w ago
T+20d
+12.40%
call +12.40% · α +6.11%
$9.88
settled 5w ago
T+60d
call — · α —
in 25d

Price Chart

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Executive Summary

Rajeev Goel, an officer of PubMatic, has filed a Form 144 to notify intent to sell up to 44,000 shares of common stock, part of a pre-arranged 10b5-1 selling plan established on March 2, 2025. The shares are held in the Goel Family Trust and will be sold through Goldman Sachs & Co. LLC.

Actionable Insight

This is a routine, pre-planned sale under Rule 10b5-1 and not an immediate red flag, but traders should monitor for follow-through execution and any acceleration in insider selling trends given recent volume.

Key Facts

  • Rajeev Goel, an officer of PubMatic, intends to sell 44,000 shares via Form 144.
  • The sale is part of a pre-arranged 10b5-1 trading plan dated March 2, 2025, indicating it was not a spontaneous decision.
  • Shares are held in the Goel Family Trust and will be sold through Goldman Sachs & Co. LLC.
  • Total proposed sale: 44,000 shares, representing a small portion of holdings; no immediate large-scale dilution or insider flight signal.
  • Recent insider activity shows 8 sell transactions totaling $1.0M in the past 30 days, suggesting ongoing routine selling.

Financial Impact

Approximately 44,000 shares, valued at around $380,600 based on current market price (~$8.65/share), representing a minor fraction of the $402M market cap.

insider ownershipshare float

Risk Factors

  • Perception of insider lack of confidence if selling continues amid flat or declining fundamentals.
  • Potential for short-term downward pressure if the full 44,000 shares are executed rapidly.

Market Snapshot

Exchange
Nasdaq
Sector
Services-Computer Programming, Data Processing, Etc.

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001958244-26-000210
Document: 0001958244-26-000210-index.html0001958244-26-000210
Document: 0001958244-26-000210.txt0001958244-26-000210
13 reports for PUBM
Performance horizon
67% Hit rate 4 of 6 directional calls best @ T+60▲ +30.12%May 16, 2026
Filters
Rows
Reports for PUBM — sortable, filterable
Type Now
Jun 11, 2026
1d ago
Institutional Cluster
MIXED ★ 4/10
$11.07 awaiting T+5awaiting T+5$11.35 (+2.58%)
May 19, 2026
24d ago
Insider Cluster
BEARISH ★ 5/10
$9.88 $11.44▼ −15.79%▼ −13.99%$11.35 (−14.88%)
May 16, 2026
27d ago
ANALYST-UPGRADE
BULLISH ★ 2/10
$8.10 $8.91▲ +10.00%▲ +11.69%$11.35 (+40.12%)
Apr 22, 2026
7w ago
8-K
BULLISH ★ 7/10
$9.16 $9.72▲ +6.11%▲ +4.64%$11.35 (+23.91%)
Apr 16, 2026
8w ago
ANALYST-UPGRADE
MIXED ★ 7/10
$9.79 $9.16▼ −6.44%▼ −7.42%$11.35 (+15.93%)
Apr 16, 2026
8w ago
ANALYST-UPGRADE
MIXED ★ 6/10
$9.79 $9.16▼ −6.44%▼ −7.42%$11.35 (+15.93%)
Apr 16, 2026
8w ago
ANALYST-DOWNGRADE
BEARISH ★ 8/10
$9.79 $9.16▲ +6.44%▲ +7.42%$11.35 (−15.93%)
Apr 16, 2026
8w ago
ANALYST-DOWNGRADE
BEARISH ★ 8/10
$9.79 $9.16▲ +6.44%▲ +7.42%$11.35 (−15.93%)
Apr 16, 2026
8w ago
ANALYST-UPGRADE
MIXED ★ 7/10
$9.79 $9.16▼ −6.44%▼ −7.42%$11.35 (+15.93%)
Apr 16, 2026
8w ago
ANALYST-UPGRADE
MIXED ★ 7/10
$9.79 $9.16▼ −6.44%▼ −7.42%$11.35 (+15.93%)
Showing 10 of 13

US Market Status

Market Closed — Opens Mon (49h 40m)

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