Woods Andrew, General Counsel & Secretary, has demonstrated a consistent pattern of selling activity in his SEC Form 4 filings, with no recorded purchases across his 25 reported transactions. All of his trades are concentrated in PubMatic, Inc. (PUBM), totaling $164,462.71 in sell value. His recent activity includes four sales, with notable transactions occurring on January 2, 2026 ($42,039.56), October 2, 2025 ($34,013.83), July 2, 2025 ($51,308.52), and January 2, 2024 ($37,100.80). These sales are interspersed with multiple transactions coded as "M," indicating the acquisition of securities through derivative instruments such as options or restricted stock units, though these do not represent direct purchases on the open market.
Andrew’s trading history reveals a clear bias toward divestment, with no instances of buying PUBM shares outright. The timing of his sales spans multiple quarters, suggesting a methodical approach to reducing his position in the company. While the filings do not provide context for the transactions, the data underscores a consistent trend of selling activity over an extended period. This pattern aligns with his role as General Counsel & Secretary, where such transactions may be part of broader financial planning or compliance with company policies. The absence of purchases and the focus on PUBM highlight a singular focus on divesting holdings in this specific entity.
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