Climb Global (NASDAQ: CLMB) COO reports tax-withholding of 562 shares
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
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.
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.