Pantelick Steven sold $414K of PUBM
Pantelick Steven (CHIEF FINANCIAL OFFICER) sold 22,173 shares of PubMatic, Inc. (PUBM) at $18.66 ($0.41M total) on 2026-10-05 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The disclosed sale is the first public report of this transaction, providing new information for traders.
Market read
A CFO insider sale of ~$414K may cause short‑term price pressure on PUBM.
What to watch
The CFO's remaining stake still represents a meaningful ownership position.
Background
SEC Form 4 filings disclose insider transactions; a 10b5-1 plan indicates pre‑arranged sales.
Ticker impact
CFO Steven Pantelick sold 22,173 shares for $413,815 via a 10b5-1 plan, reducing his stake to 10,353 shares.
likely slight downward pressure as the market prices the CFO's share reduction
Form 4 filing shows a sizable sale by a senior officer; such transactions often lead to short-term price softness.
Market effects
Minimal impact on the digital advertising sector; no broader industry signal.
No regional effect beyond PubMatic's own stock.
Limited to PubMatic investors.
Counterpoint
The sale could be routine under a pre‑arranged plan and not indicative of negative fundamentals.
Key entities
- companyPubMatic, Inc.
Digital advertising technology firm (ticker PUBM).
- personSteven Pantelick
Chief Financial Officer of PubMatic.
