Climb Global Solutions (CLMB) COO has 222 shares withheld for tax on vesting
Rhea-AI Filing Summary
Climb Global Solutions, Inc. reported that Chief Operating Officer Timothy Popovich had 222 shares of common stock withheld on 2026-08-05 at $26.78 per share to satisfy tax obligations on vested restricted stock, leaving him with 57,891 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 222 shares
Net Sell
1 txn
Insider
Popovich Timothy
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 222 | $26.78 | $6K |
Holdings After Transaction:
Common Stock — 57,891 shares (Direct)
Footnotes (1)
- F1. Shares withheld at vesting of restricted stock for purposes of meeting the reporting person's tax obligations.
Key Figures
Shares withheld for taxes: 222 shares
Per-share value for withholding: $26.78 per share
Shares held after transaction: 57,891 shares
3 metrics
Shares withheld for taxes
222 shares
Common stock withheld on 2026-08-05 to meet tax obligations at restricted stock vesting
Per-share value for withholding
$26.78 per share
Value applied to the 222 withheld common shares
Shares held after transaction
57,891 shares
Direct common stock holdings of Timothy Popovich following the withholding
Key Terms
restricted stock, withheld at vesting, tax obligations
3 terms
restricted stock financial
"Shares withheld at vesting of restricted stock for purposes of meeting"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
withheld at vesting financial
"Shares withheld at vesting of restricted stock for purposes of meeting"
tax obligations financial
"for purposes of meeting the reporting person's tax obligations"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CLMB report for Timothy Popovich?
Chief Operating Officer Timothy Popovich had 222 shares of Climb Global Solutions common stock withheld at $26.78 per share on 2026-08-05 to cover taxes due on vested restricted stock, rather than executing an open-market sale.
What does transaction code F mean in the CLMB Form 4 filing?
Transaction code F indicates payment of a tax liability by delivering or withholding securities. In this CLMB filing, 222 shares of restricted stock were withheld from Timothy Popovich at vesting to cover taxes due.
Is the CLMB Form 4 transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan. The reported event is a tax-withholding of restricted stock, not a discretionary open-market trade by Timothy Popovich.