PubMatic (PUBM) executive compensation, 2026 proxy

Rajeev K. Goel, Chief Executive Officer, was paid $9.1M in 2025, down 1% from $9.2M the year before. The CEO-to-median-employee pay ratio was 147:1, on median employee pay of $61,501.

Filed
April 15, 2026
Annual meeting
May 29, 2026
Pay year
2025
Named executives
5
CEO total pay
$9.1M-1% vs prior year
CEO to median employee
147:1median $61,501
CEO pay in equity
86%$7.8M in awards
Prior say-on-pay support
95%of votes cast
CEO Target Bonus
$672,0002025 Executive Bonus Plan target
Say-on-Pay Support
95%2025 annual meeting support
Median Employee Pay
$61,5012025 annual total compensation
CEO to Median Pay Ratio
147:12025 ratio

How Goel was paid

$9.1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary7%Stock awards50%Option awards36%Non-equity incentive7%

Named executive officers

ExecutiveTotal
Rajeev K. GoelChief Executive Officer$9,070,656
Amar K. GoelChief Innovation Officer$2,237,661
Steven PantelickChief Financial Officer$4,132,043
Mukul KumarPresident of Engineering$1,904,521
Paulina KlimenkoChief Growth Officer$2,958,930

What changed and why

  • $9.1MCEO total compensation decreased to $9,070,656 in 2025 compared to $9,165,522 in 2024.
  • Stock and option awards continue to form a significant portion of executive compensation to align incentives with stockholders.
  • 95%At the 2025 annual meeting, the say-on-pay proposal received approximately 95% support from votes cast.
  • Frederic W. Cook & Co., Inc. was engaged as an independent compensation consultant to benchmark executive pay.
  • Executive compensation programs utilize a mix of base salary, annual cash incentives, and equity awards.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.