Climb Global Solutions (CLMB) CEO withholds 1,015 shares to cover taxes
Rhea-AI Filing Summary
Climb Global Solutions, Inc. Chief Executive Officer Dale Richard Foster reported a tax-withholding disposition of 1,015 shares of common stock on August 5, 2026 at $26.78 per share, with shares withheld at the vesting of restricted stock to meet tax obligations. Following this withholding, he directly holds 342,452 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,015 shares
Net Sell
1 txn
Insider
Foster Dale Richard
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,015 | $26.78 | $27K |
Holdings After Transaction:
Common Stock — 342,452 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 tax: 1,015 shares
Per-share value for withholding: $26.78 per share
Shares held after transaction: 342,452 shares
+1 more
4 metrics
Shares withheld for tax
1,015 shares
Common stock withheld at vesting of restricted stock to meet tax obligations
Per-share value for withholding
$26.78 per share
Value used for the 1,015-share tax-withholding disposition on August 5, 2026
Shares held after transaction
342,452 shares
Direct common stock ownership by CEO Dale Richard Foster following the withholding
Transaction date
2026-08-05
Date of the tax-withholding disposition of 1,015 common shares
Key Terms
restricted stock, tax obligations, tax-withholding disposition
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.
tax obligations financial
"for purposes of meeting the reporting person's tax obligations"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for payment of tax liability"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CLMB CEO Dale Richard Foster report?
Dale Richard Foster reported a tax-withholding disposition of 1,015 shares of Climb Global Solutions common stock. The shares were withheld upon vesting of restricted stock to meet his tax obligations, rather than being sold in an open market transaction.
Was the CLMB CEO’s Form 4 transaction under a Rule 10b5-1 trading plan?
The transaction was not reported as being under a Rule 10b5-1 trading plan, as indicated by the unchecked 10b5-1 affirmation box. The Form 4 instead characterizes the event as shares withheld to satisfy tax obligations at restricted stock vesting.