secwatch.observer — SEC 8-K summary
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Issuer:     PubMatic, Inc. (PUBM)
CIK:        0001422930
Form:       8-K
Filed at:   2023-04-04T23:59:59+00:00
Accession:  0001422930-23-000014
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

PubMatic CCO Hirsch transitions to advisor; Chief Growth Officer Klimenko expands role to EMEA/APAC
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- Effective April 1, 2023, Jeffrey K. Hirsch steps down as Chief Commercial Officer and becomes strategic advisor through Dec 22, 2023.
- Hirsch receives $3,750/month cash and restricted stock units valued at $116,667, vesting monthly during advisory period.
- Paulina Klimenko, Chief Growth Officer since Feb 2021, expands role to oversee EMEA and APAC business streams.
- Hirsch's departure qualifies as a termination under his retention agreement, entitling him to severance benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1422930/000142293023000014/0001422930-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1422930/000142293023000014/pubm-20230329.htm
  HTML page:      https://secwatch.observer/filing/0001422930-23-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer