STOCK TITAN

Climb Global (NASDAQ: CLMB) COO has 725 shares withheld for tax obligations

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

Rhea-AI Filing Summary

Climb Global Solutions, Inc. Chief Operating Officer Timothy Popovich reported a routine tax-related share disposition. On the vesting of restricted stock, 725 shares of common stock were withheld at a value of $18.76 per share to cover his tax obligations. This was not an open-market sale but an automatic tax-withholding mechanism. After this transaction, he directly holds 58,113 shares of Climb Global Solutions common stock.

Positive

  • None.

Negative

  • None.
Insider Popovich Timothy
Role Chief Operating Officer
Type Security Shares Price Value
Tax Withholding Common Stock 725 $18.76 $14K
Holdings After Transaction: Common Stock — 58,113 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 725 shares Tax-withholding disposition on restricted stock vesting
Withholding price per share $18.76 per share Value used for tax-withholding disposition
Shares held after transaction 58,113 shares Direct CLMB common stock held by COO post-transaction
restricted stock financial
"Shares withheld at vesting of restricted stock for purposes of meeting the reporting person's tax obligations"
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 related to vested restricted stock"
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.
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 Operating Officer financial
"officer_title: Chief Operating Officer"
A chief operating officer (COO) is a senior executive responsible for overseeing the day-to-day activities of a company, ensuring that all parts of the organization work smoothly and efficiently. They often act like a company's operational quarterback, translating strategic plans into practical actions. For investors, the COO's effectiveness can influence a company's performance and stability, making them an important figure in assessing the company's management strength.
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*
Popovich Timothy

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating 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)725D$18.7658,113D
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/ Timothy Popovich05/06/2026
** 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 COO Timothy Popovich report on this Form 4?

Timothy Popovich reported a tax-withholding disposition of 725 CLMB common shares. These shares were withheld when restricted stock vested to satisfy his tax obligations, rather than sold in the open market for investment reasons.

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

No, the Form 4 for CLMB shows a tax-related withholding, not an open-market sale. The 725 shares were retained by the company at vesting of restricted stock to cover Timothy Popovich’s tax liability arising from that vesting event.

How many Climb Global Solutions (CLMB) shares were involved in the tax withholding?

The filing reports 725 shares of CLMB common stock withheld. The shares were valued at $18.76 each for this tax-withholding disposition, which occurred in connection with the vesting of restricted stock granted to the Chief Operating Officer.

How many CLMB shares does Timothy Popovich hold after this Form 4 transaction?

After the tax-withholding transaction, Timothy Popovich directly holds 58,113 CLMB shares. This post-transaction holding figure, disclosed in the Form 4, shows his remaining equity stake following the automatic withholding of 725 shares for tax obligations.

What does transaction code "F" on the CLMB Form 4 indicate?

Transaction code “F” indicates shares used to pay an exercise price or tax liability. In this CLMB filing, it reflects restricted stock vesting where 725 shares were withheld at $18.76 per share to cover Timothy Popovich’s tax obligations, not a discretionary sale.