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Climb Global (NASDAQ: CLMB) COO reports tax-withholding of 562 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Climb Global Solutions, Inc. Chief Operating Officer Timothy Popovich reported a Form 4 transaction involving a tax-related share disposition. On February 17, 2026, 562 shares of common stock were withheld at a price of $121.05 per share to cover tax obligations upon vesting of restricted stock. After this withholding, Popovich directly owned 11,734 shares of common stock.

Positive

  • None.

Negative

  • None.
Insider Popovich Timothy
Role Chief Operating Officer
Type Security Shares Price Value
Tax Withholding Common Stock 562 $121.05 $68K
Holdings After Transaction: Common Stock — 11,734 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Popovich Timothy

(Last) (First) (Middle)
4 INDUSTRIAL WAY WEST
SUITE 300

(Street)
EATONTOWN NJ 07724

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Climb Global Solutions, Inc. [ CLMB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/17/2026 F(1) 562 D $121.05 11,734 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares withheld at vesting of restricted stock for purposes of meeting the reporting person's tax obligations.
/s/ Timothy Popovich 02/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CLMB executive Timothy Popovich report?

Timothy Popovich reported a tax-withholding disposition of 562 shares of Climb Global Solutions common stock. The shares were withheld upon vesting of restricted stock to satisfy tax obligations, not sold in an open-market transaction, according to the Form 4 footnote.

At what price were the CLMB shares withheld for Timothy Popovich’s taxes?

The 562 Climb Global Solutions common shares were withheld at $121.05 per share. This price is used in the Form 4 to calculate the value of stock surrendered to cover Popovich’s tax obligations upon vesting of restricted stock awards.

How many CLMB shares does Timothy Popovich hold after this Form 4 transaction?

After the tax-withholding disposition, Timothy Popovich directly holds 11,734 shares of Climb Global Solutions common stock. This post-transaction balance is disclosed in the Form 4 as the total shares beneficially owned following the withholding event.

Was Timothy Popovich’s CLMB Form 4 a market sale or tax withholding?

The Form 4 describes a tax withholding, not a market sale. Code “F” and the footnote explain that 562 shares were withheld at vesting of restricted stock solely to meet Popovich’s tax obligations, rather than being sold on the open market.

What does transaction code “F” mean in Timothy Popovich’s CLMB Form 4?

Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 562 Climb Global Solutions shares were withheld upon vesting of restricted stock to satisfy Popovich’s tax obligations, as described in the filing’s footnote.