GOEL RAJEEV K. (Chief Executive Officer) sold 21.6% of their position (13.02K shares) of PUBMATIC, INC. on the open market

Open‑market sale worth $181.4K — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 2 sales

GOEL RAJEEV K.

Filed: 7/17/2026ACC: 0001833511-26-000030

InsiderGOEL RAJEEV K.CIK 1833511

→

IssuerPUBMATIC, INC.CIK 1422930

DirectorOfficer10% Owner· Chief Executive Officer

Since Dec 2020

-13.02K

Net shares

Net seller

$181.4K

Total sold

Open market trades

0B · 2S

Total transactions

26.04K acquired · 39.07K disposed

Non-Derivative Transactions4

Class A Common Stock

Direct

C · Conversion

+4.06K

Price / share

—

Trade value

—

% of position

8.6%

7/15/2026

47.30K→51.36K

Class A Common Stock

Direct

S · Sale

−4.06K

Price / share

$13.90

Trade value

$56.45K

% of position

7.9%

7/15/2026

51.36K→47.30K

Class A Common Stock

Direct

C · Conversion

+8.96K

Price / share

—

Trade value

—

% of position

18.9%

7/16/2026

47.30K→56.26K

Class A Common Stock

Direct

S · Sale

−8.96K

Price / share

$13.94

Trade value

$124.96K

% of position

15.9%

7/16/2026

56.26K→47.30K

Total

Net shares

+0.00

Net value

-$181.40K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	7/15/2026	C · Conversion	+4.06K	—	—	8.6%	47.30K	51.36K
Class A Common Stock Direct	7/15/2026	S · Sale	−4.06K	$13.90	$56.45K	7.9%	51.36K	47.30K
Class A Common Stock Direct	7/16/2026	C · Conversion	+8.96K	—	—	18.9%	47.30K	56.26K
Class A Common Stock Direct	7/16/2026	S · Sale	−8.96K	$13.94	$124.96K	15.9%	56.26K	47.30K
Total			+0.00		-$181.40K

Derivative Transactions6

Stock Option (Right to buy Class B Common Stock)

Direct

M · Option Exercise

Converts to

Class A Common Stock

4.06K shares

−4.06K

Strike price

3.89

Held after

320.26K

Exercisable

—

7/15/2026

Class B Common Stock

Direct

M · Option Exercise

Converts to

Class A Common Stock

4.06K shares

+4.06K

Strike price

Held after

215.04K

Exercisable

—

7/15/2026

Class B Common Stock

Direct

C · Conversion

Converts to

Class A Common Stock

4.06K shares

−4.06K

Strike price

Held after

210.98K

Exercisable

—

7/15/2026

Stock Option (Right to buy Class B Common Stock)

Direct

M · Option Exercise

Converts to

Class B Common Stock

8.96K shares

−8.96K

Strike price

3.89

Held after

311.30K

Exercisable

—

7/16/2026

Class B Common Stock

Direct

M · Option Exercise

Converts to

Class A Common Stock

8.96K shares

+8.96K

Strike price

Held after

219.95K

Exercisable

—

7/16/2026

Class B Common Stock

Direct

C · Conversion

Converts to

Class A Common Stock

8.96K shares

−8.96K

Strike price

Held after

210.98K

Exercisable

—

7/16/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option (Right to buy Class B Common Stock) Direct	Class A Common Stock4.06K shares	7/15/2026	M · Option Exercise	−4.06K	3.89	—	320.26K
Class B Common Stock Direct	Class A Common Stock4.06K shares	7/15/2026	M · Option Exercise	+4.06K		—	215.04K
Class B Common Stock Direct	Class A Common Stock4.06K shares	7/15/2026	C · Conversion	−4.06K		—	210.98K
Stock Option (Right to buy Class B Common Stock) Direct	Class B Common Stock8.96K shares	7/16/2026	M · Option Exercise	−8.96K	3.89	—	311.30K
Class B Common Stock Direct	Class A Common Stock8.96K shares	7/16/2026	M · Option Exercise	+8.96K		—	219.95K
Class B Common Stock Direct	Class A Common Stock8.96K shares	7/16/2026	C · Conversion	−8.96K		—	210.98K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)6

Class B Common Stock

Indirect

Underlying security

Class A Common Stock

Underlying shares

581.26K

Shares owned

581.26K

Exercise price

Expiration

—

Exercise window

—

Class B Common Stock

Indirect

Underlying security

Class A Common Stock

Underlying shares

308.77K

Shares owned

308.77K

Exercise price

Expiration

—

Exercise window

—

Class B Common Stock

Indirect

Underlying security

Class A Common Stock

Underlying shares

400K

Shares owned

400K

Exercise price

Expiration

—

Exercise window

—

Class B Common Stock

Indirect

Underlying security

Class A Common Stock

Underlying shares

68.62K

Shares owned

68.62K

Exercise price

Expiration

—

Exercise window

—

Class B Common Stock

Indirect

Underlying security

Class A Common Stock

Underlying shares

308.77K

Shares owned

308.77K

Exercise price

Expiration

—

Exercise window

—

Class B Common Stock

Indirect

Underlying security

Class A Common Stock

Underlying shares

483.78K

Shares owned

483.78K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

2.15M

Owned

2.15M

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Class B Common Stock Indirect	Class A Common Stock	—	—	581.26K	581.26K
Class B Common Stock Indirect	Class A Common Stock	—	—	308.77K	308.77K
Class B Common Stock Indirect	Class A Common Stock	—	—	400K	400K
Class B Common Stock Indirect	Class A Common Stock	—	—	68.62K	68.62K
Class B Common Stock Indirect	Class A Common Stock	—	—	308.77K	308.77K
Class B Common Stock Indirect	Class A Common Stock	—	—	483.78K	483.78K
Total				2.15M	2.15M