{
  "id": 1283624,
  "title": "PubMatic CEO Rajeev Goel sells $3.75 million in company stock",
  "url": "https://urgent.news/2026/08/16/pubmatic-ceo-rajeev-goel-sells-3-75-million-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-16T14:31:12.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/pubmatic-ceo-rajeev-goel-sells-375-million-in-company-stock-93CH-4861991"
  },
  "original_language": "en",
  "account": "Rajeev Goel, CEO and largest shareholder of PubMatic, sold 211,302 shares of the company's Class A Common Stock on August 7, 2026 for $3,749,427. The sale occurred at a weighted average price of $17.7444 per share, ranging from $17.6284 to $17.9125. This move came as PubMatic's stock approached its 52-week high of $18.44, following a 110% gain over the past year. The transactions were executed under a pre-approved Rule 10b5-1 trading plan adopted by Goel on March 5, 2026. Prior to the sale, Goel exercised options to purchase 211,302 shares of Class B Common Stock, which converted to Class A shares, leaving him with 31,692 shares of Class A directly owned. His total beneficial ownership now stands at 2,381,386 shares, including both Class A and B stocks. Despite this sale, the stock appears overvalued relative to its Fair Value estimate, according to InvestingPro analysis. The news follows PubMatic's strong second-quarter 2026 results, where adjusted earnings per share came in at $0.12, exceeding estimates of $0.23 loss. Revenue of $78.6 million also surpassed forecasted $69.03 million, with positive analyst upgrades from firms like Rosenblatt, B.Riley, and Raymond James.",
  "summary": null,
  "key_points": [
    "CEO Rajeev Goel sold $3.75M in PubMatic stock on Aug 7, 2026",
    "Sale at $17.7444/share, range $17.6284-$17.9125 per share",
    "Goel retains 2,381,386 shares total across Class A/B stocks"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}