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Climb Global Solutions (CLMB) CEO has shares withheld to cover tax on vesting

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

Rhea-AI Filing Summary

Climb Global Solutions, Inc. Chief Executive Officer Dale Richard Foster reported a Form 4 transaction where 883 shares of common stock were disposed of at $18.76 per share. According to the filing, these shares were withheld at the vesting of restricted stock to meet the reporting person's tax obligations, leaving him with 343,467 directly held shares.

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Insider Foster Dale Richard
Role Chief Executive Officer
Type Security Shares Price Value
Tax Withholding Common Stock 883 $18.76 $17K
Holdings After Transaction: Common Stock — 343,467 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 883 shares Common Stock withheld at restricted stock vesting
Withholding reference price $18.76 per share Value used for 883-share tax-withholding disposition
Shares held after transaction 343,467 shares CEO’s directly held CLMB common stock following Form 4 event
Tax-withholding disposition shares 883 shares Transaction code F, payment of tax liability by delivering securities
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Chief Executive Officer financial
"officer_title": "Chief Executive Officer""
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
SEC Form 4
FORM 4UNITED 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*
Foster Dale Richard

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

(Street)
EATONTOWN NEW JERSEY 07724

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Climb Global Solutions, Inc. [ CLMB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/05/2026F(1)883D$18.76343,467D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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/ Dale Foster05/06/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CLMB CEO Dale Richard Foster report?

CLMB CEO Dale Richard Foster reported a disposition of 883 common shares. The shares were withheld at the vesting of restricted stock to satisfy tax obligations, rather than sold on the open market, and he now directly holds 343,467 shares after the transaction.

Was the CLMB Form 4 transaction an open-market sale of shares?

No, the CLMB Form 4 shows shares withheld for taxes, not an open-market sale. 883 shares of common stock were used to satisfy tax obligations upon restricted stock vesting, as described in the filing’s footnote, instead of being sold through public trading.

How many Climb Global Solutions shares were withheld for CEO tax obligations?

A total of 883 Climb Global Solutions common shares were withheld. The Form 4 states this occurred at the time of restricted stock vesting to cover the reporting person’s tax liability, with the shares valued at $18.76 each for this withholding transaction.

How many CLMB shares does the CEO hold after this Form 4 event?

After this tax-withholding disposition, the CEO directly holds 343,467 CLMB common shares. This post-transaction ownership figure is reported in the Form 4 and reflects his remaining direct stake following the 883-share withholding for restricted stock tax obligations.

What does transaction code F mean in the CLMB Form 4 filing?

Transaction code F in the CLMB Form 4 indicates a disposition to pay an exercise price or tax liability. Here it reflects 883 shares of common stock withheld at restricted stock vesting to meet the reporting person’s tax obligations, rather than a discretionary share sale.