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Climb Global (NASDAQ: CLMB) withholds 555 shares for insider tax liability

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

Rhea-AI Filing Summary

Climb Global Solutions, Inc. Chief Alliance Officer Charles Edward Bass reported a Form 4 transaction involving common stock. On this date, 555 shares were disposed of at a price of $121.05 per share to cover tax obligations upon vesting of restricted stock, according to the footnote. After this tax-withholding disposition, he directly owned 25,514 common shares.

Positive

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Negative

  • None.
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*
Bass Charles Edward

(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 Alliance Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
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 02/17/2026 F(1) 555 D $121.05 25,514 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/ Charles Bass 02/17/2026
** 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

What insider transaction did Climb Global Solutions (CLMB) report for Charles Edward Bass?

Climb Global Solutions reported that Chief Alliance Officer Charles Edward Bass had 555 common shares withheld. The shares were disposed of to satisfy tax obligations upon vesting of restricted stock, and were not an open-market sale, according to the disclosed footnote.

How many Climb Global Solutions (CLMB) shares were involved in the latest Form 4?

The Form 4 shows 555 shares of Climb Global Solutions common stock were disposed of. These shares were withheld at vesting of restricted stock to meet the reporting person’s tax obligations, rather than being sold on the open market for discretionary portfolio reasons.

At what price were the Climb Global Solutions (CLMB) shares withheld for taxes?

The 555 Climb Global Solutions common shares were valued at $121.05 per share. This valuation was used in a tax-withholding disposition related to the vesting of restricted stock, as described in the filing’s transaction details and supporting footnote disclosure.

How many Climb Global Solutions (CLMB) shares does Charles Edward Bass hold after the transaction?

Following the tax-withholding disposition, Charles Edward Bass directly owns 25,514 Climb Global Solutions common shares. This figure reflects his holdings after 555 shares were withheld at restricted stock vesting to satisfy personal tax obligations reported in the Form 4 filing.

Was the Climb Global Solutions (CLMB) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 classifies it as a tax-withholding disposition, with 555 shares withheld at vesting of restricted stock to cover the reporting person’s tax obligations, as explicitly stated in the accompanying footnote.
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