Climb Global (CLMB) CFO has 149 shares withheld to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Climb Global Solutions, Inc. Chief Financial Officer Matthew M. Sullivan reported a small insider transaction involving company common stock. On February 17, 2026, 149 shares were disposed of at a price of $121.05 per share to satisfy tax obligations tied to vesting restricted stock, rather than through an open-market sale. After this tax-withholding disposition, Sullivan’s directly held stake in Climb Global Solutions stood at 18,933 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SULLIVAN MATTHEW M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 149 | $121.05 | $18K |
Holdings After Transaction:
Common Stock — 18,933 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Climb Global Solutions (CLMB) report for its CFO?
Climb Global Solutions reported that CFO Matthew M. Sullivan had 149 common shares withheld on February 17, 2026. The shares were disposed of at $121.05 each to cover tax obligations from restricted stock vesting, leaving him with 18,933 directly owned shares.
What does transaction code "F" mean in the CLMB CFO’s Form 4 filing?
Transaction code "F" indicates shares were used to pay an exercise price or tax liability. In this case, 149 Climb Global Solutions shares were withheld at vesting of restricted stock to satisfy CFO Matthew M. Sullivan’s tax obligations, as explained in the filing’s footnote disclosure.