Climb Global CEO sells 8,500 shares in Form 4
Climb Global Solutions, Inc. Chief Executive Officer Dale Richard Foster reported two share movements in company common stock.
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Rhea-AI Filing Summary
Climb Global Solutions, Inc. Chief Executive Officer Dale Richard Foster reported two share movements in company common stock. First, 635 shares were withheld at an average price of $80.54 to cover tax obligations tied to restricted stock vesting, which is not an open-market trade.
He then completed an open-market sale of 8,500 shares at a weighted-average price of $80.50. After these transactions, he directly holds 73,690 shares of Climb Global Solutions common stock, indicating he retained a substantial equity stake following the sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 635 | $80.54 | $51K |
| Sale | Common Stock | 8,500 | $80.50 | $684K |
Footnotes (2)
- F1. Shares withheld at vesting of restricted stock for purposes of meeting the reporting person's tax obligations.
- F2. Represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $80.50 to $80.81, inclusive. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
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What insider transactions did Climb Global Solutions (CLMB) report for its CEO?
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