Climb Global Solutions, Inc. filings document the regulatory record of a Delaware public company operating in value-added IT distribution and solutions. Form 8-K reports cover results of operations and financial condition, material definitive agreements, acquisition activity, amendments to charter documents, and other corporate events involving common stock and authorized share capital.
Proxy materials for CLMB describe annual meeting matters, director elections, board structure, executive compensation and stockholder voting procedures. The filings also record governance changes such as board-size adjustments, capital-structure actions including the four-for-one forward stock split, and disclosure exhibits tied to press releases and the purchase of Interworks Single Member SA.
Wasatch Advisors LP reports beneficial ownership of 281,131 shares of Climb Global Solutions, representing 6.1% of the outstanding common stock. The firm discloses sole voting power over 268,296 shares and sole dispositive power over 281,131 shares. The statement classifies Wasatch as an investment adviser organized in Delaware and affirms the holdings are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. This Schedule 13G formally notifies the market of a material institutional stake above the 5% reporting threshold.
Climb Global Solutions filed a Form 144 disclosing a proposed sale of 9,860 shares of common stock through Charles Schwab on Nasdaq, with an aggregate market value of $1,163,480.00. The filing lists an approximate sale date of 08/12/2025. The shares were acquired on 02/05/2013 from the issuer as compensation and were paid for on that date. The company reports 4,617,206 shares outstanding, so the planned sale equals approximately 0.21% of outstanding shares. The filer reports no securities sold in the past three months and includes the standard attestation about undisclosed material information.
Form 4 snapshot – Climb Global Solutions (CLMB): CEO & Director Dale R. Foster reported a routine tax-related transaction dated 08/05/2025.
- Transaction code: F – issuer-withheld shares to cover taxes upon restricted-stock vesting.
- Shares disposed: 519 common shares at $107.32, value ≈ $55.8 k.
- Post-transaction holding: 76,932 CLMB shares held directly.
No derivative positions were reported. Because the shares were withheld rather than sold on the open market, Foster’s economic exposure to CLMB remains largely unchanged and continues to signal insider alignment.
On 08/05/2025, Climb Global Solutions (CLMB) Chief Operating Officer Timothy Popovich reported a routine insider transaction on Form 4 filed 08/07/2025. The filing shows 260 common shares were withheld and surrendered to the company at $107.32 per share (Code “F”) to cover tax obligations associated with the vesting of restricted stock.
After the transaction, Popovich’s direct ownership stands at 12,855 shares. No derivative securities, options, or additional acquisitions/disposals were reported. The activity represents a small (<1%) reduction in his holdings and does not reflect an open-market sale.
Q2 FY25 headline: Net sales jumped 73% YoY to $159.3 m, lifting six-month revenue 61% to $297.3 m. Three-month net income rose 74% to $6.0 m and diluted EPS to $1.30; YTD profit is $9.7 m (+57%) and EPS $2.11.
Growth was driven mainly by the Distribution unit (96% of revenue) which expanded 74%; Solutions rose 48%. Gross profit gained 42% but margin slipped to 16.5% (–350 bp) on mix. SG&A leverage helped lift operating income 87% to $8.0 m.
Cash ended at $28.6 m (–$1.2 m YTD) after $6.8 m of buybacks/dividends and $3.6 m contingent payments. Operating cash flow fell to $6.3 m (prior-year $21.3 m) as payables dropped $62.7 m. Debt is limited to a $0.5 m term note; the $50 m revolver is undrawn.
Equity rose to $105.2 m on earnings and $5.3 m FX gains. Goodwill & intangibles total $72.9 m following the DSS acquisition; earn-out liability sits at $2.9 m. Three customers supplied 24%, 20% and 13% of quarterly sales, underscoring concentration risk.