STOCK TITAN

Climb Global COO Reports Routine 260-Share Tax Withholding

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

Rhea-AI Filing Summary

On 08/05/2025, Climb Global Solutions (CLMB) Chief Operating Officer Timothy Popovich reported a routine insider transaction on Form 4 filed 08/07/2025. The filing shows 260 common shares were withheld and surrendered to the company at $107.32 per share (Code “F”) to cover tax obligations associated with the vesting of restricted stock.
After the transaction, Popovich’s direct ownership stands at 12,855 shares. No derivative securities, options, or additional acquisitions/disposals were reported. The activity represents a small (<1%) reduction in his holdings and does not reflect an open-market sale.

Positive

  • None.

Negative

  • 260 insider shares relinquished, resulting in a slight (<1%) reduction of executive ownership, though motive is tax-related rather than discretionary.

Insights

TL;DR: Routine tax-withholding; negligible impact on CLMB valuation.

The “F” code indicates the shares were withheld at vesting, not sold in the open market. The value (~$28k) and volume are immaterial versus CLMB’s average daily volume and Popovich’s remaining 12.9k-share stake. Such transactions are mechanically driven and do not generally signal sentiment changes. Therefore, I view the filing as neutral for investors.

Insider Popovich Timothy
Role Chief Operating Officer
Type Security Shares Price Value
Tax Withholding Common Stock 260 $107.32 $28K
Holdings After Transaction: Common Stock — 12,855 shares (Direct)
Footnotes (1)
  1. [object Object]
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)
08/05/2025
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 08/05/2025 F(1) 260 D $107.32 12,855 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 08/07/2025
** 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

How many CLMB shares did COO Timothy Popovich dispose of?

He surrendered 260 shares on 08/05/2025 to cover taxes on vested restricted stock.

What was the transaction price for the shares?

The shares were valued at $107.32 each, totaling roughly $27.9k.

How many CLMB shares does Popovich now own?

Following the transaction, he directly owns 12,855 common shares.

Does the Form 4 indicate any options or other derivatives?

No; Table II shows no derivative securities acquired or disposed of.

Is this filing indicative of insider selling pressure?

Likely not. Code “F” denotes automatic tax withholding, not an open-market sale.