Amar K. Goel - 02 Sep 2025 Form 4 Insider Report for PubMatic, Inc. (PUBM)

Role: CHAIRMAN, CHIEF INNOVATION OFF, Director, 10%+ Owner
Signature: /s/ Andrew Woods, Attorney-in-Fact
Issuer symbol: PUBM
Transactions as of: 02 Sep 2025
Transactions value $: -$67,771
Form type: 4
Filing time: 04 Sep 2025, 18:52:17 UTC
Previous filing: 03 Jul 2025
Next filing: 03 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Goel Amar K.	CHAIRMAN, CHIEF INNOVATION OFF, Director, 10%+ Owner	C/O PUBMATIC, INC., 601 MARSHALL STREET, REDWOOD CITY	/s/ Andrew Woods, Attorney-in-Fact	04 Sep 2025	0001833508

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PUBM	Class A Common Stock	Sale	-$67.8K	-8.02K	-39.09%	$8.45	12.5K	02 Sep 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 3, 2025.
F2	The price reported in this line item is a weighted average price. These shares were sold at prices ranging from $8.34 to $8.58, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.

Content

The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 3, 2025.

The price reported in this line item is a weighted average price. These shares were sold at prices ranging from $8.34 to $8.58, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.