Director at Climb Bio (CLYM) sells 50,000 shares in planned trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Climb Bio, Inc. director Thomas Stephen Basil reported selling a total of 50,000 shares of Common Stock in open-market transactions under a pre-arranged Rule 10b5-1 trading plan. On February 25, 2026, he sold 33,687 shares at a weighted average price of $7.0046 per share, followed by 16,313 shares on February 26, 2026 at a weighted average price of $7.0060 per share. The filing notes that each day’s sales occurred in multiple trades within price ranges from $7.0000 to $7.0600 and from $7.0000 to $7.0400, respectively. After these transactions, Basil directly owned 154,657 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares ($350,253)
Net Sell
2 txns
Insider
Thomas Stephen Basil
Role
Director
Sold
50,000 shs ($350K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,313 | $7.006 | $114K |
| Sale | Common Stock | 33,687 | $7.0046 | $236K |
Holdings After Transaction:
Common Stock — 154,657 shares (Direct)
Footnotes (1)
- These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 14, 2025. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.0000 to $7.0600, inclusive. The reporting person undertakes to provide the staff of the Securities and Exchange Commission, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) of this Form 4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.0000 to $7.0400, inclusive.
FAQ
What did Climb Bio (CLYM) director Thomas Basil report on this Form 4?
He reported selling a total of 50,000 Climb Bio common shares in two open-market transactions. The sales were executed under a Rule 10b5-1 trading plan and left him with 154,657 directly owned shares afterward.
Was the Climb Bio (CLYM) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by Thomas Basil on October 14, 2025. Such plans pre-arrange trade timing and size, helping separate sales from day-to-day discretion.