{
  "id": 2467659,
  "title": "PubMatic CEO Rajeev Goel sells $824k in stock",
  "url": "https://urgent.news/2026/08/22/pubmatic-ceo-rajeev-goel-sells-824k-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-22T01:01:11.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/pubmatic-ceo-rajeev-goel-sells-824k-in-stock-93CH-4872245"
  },
  "original_language": "en",
  "account": "On August 20, 2026, PubMatic CEO Rajeev Goel sold 49,980 shares of the company's Class A Common Stock, totaling $824,260. The shares were sold at an average price of $16.4918, with individual prices ranging from $16.32 to $16.74 per share. The stock's current price of $16.41 is close to its 52-week high of $18.44, after an 81% gain over the past year. According to InvestingPro, the stock is currently slightly overvalued, ranking among the most overvalued companies. Goel executed this sale under a Rule 10b5-1 trading plan he established on March 5, 2026. That same day, he acquired 21,871 shares of Class B Common Stock through the exercise of stock options, fully vested, and 34,371 shares of Class A Common Stock by converting Class B shares. After these transactions, Goel directly holds 16,083 Class A shares and 2,375,148 total beneficial shares (excluding unexercised options and unvested stock units). He also holds 1,842,435 indirect Class B shares through multiple trusts and custodians. Atlassian reported strong Q4 results, with adjusted EPS of $1.87, beating estimates, and revenue of $1.77 billion, exceeding expectations. Bank of America upgraded Atlassian to Buy, raising its price target to $175. PubMatic also delivered impressive second-quarter results, reporting adjusted earnings of $0.12 per share and revenue of $78.6 million, surpassing forecasts. Analysts attribute this success to the company's focus on AI, mobile advertising, and connected TV, highlighting sustainable improvements in the business.",
  "summary": null,
  "key_points": [
    "CEO Rajeev Goel sold $824,260 worth of PubMatic stock on August 20, 2026",
    "Sale executed under Rule 10b5-1 plan, with shares priced between $16.32-$16.74",
    "Goel holds 16,083 Class A shares and 2,375,148 indirect Class B shares"
  ],
  "editors_take": "PubMatic CEO Rajeev Goel's stock sale, executed under a pre-established trading plan, suggests a strategic rebalancing of his holdings rather than a loss of confidence in the company's growth prospects.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Crowdstrike CEO George Kurtz sells $1.93m in company stock",
        "url": "https://urgent.news/2026/08/22/crowdstrike-ceo-george-kurtz-sells-1-93m-in-company-stock",
        "published": "2026-08-22T02:46:00.000Z"
      }
    ]
  },
  "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."
}