Climb Global Solutions (CLMB) CEO logs share sale and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,500 shares ($684,250)
Net Sell
2 txns
Insider
Foster Dale Richard
Role
Chief Executive Officer
Sold
8,500 shs ($684K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 635 | $80.54 | $51K |
| Sale | Common Stock | 8,500 | $80.50 | $684K |
Holdings After Transaction:
Common Stock — 82,190 shares (Direct)
Footnotes (1)
- Shares withheld at vesting of restricted stock for purposes of meeting the reporting person's tax obligations. 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.
FAQ
What insider transactions did Climb Global Solutions (CLMB) report for its CEO?
Climb Global Solutions CEO Dale Richard Foster reported tax withholding of 635 shares at $80.54 and an open-market sale of 8,500 shares at a weighted-average $80.50. Following these transactions, he directly holds 73,690 shares of the company’s common stock.
What is the CEO’s remaining stake in Climb Global Solutions (CLMB) after these transactions?
After the reported tax withholding and 8,500-share sale, the CEO directly owns 73,690 shares of Climb Global Solutions common stock. This figure comes from the Form 4 entry showing total shares following the open-market sale transaction on the reported date.