Climb Bio (CLYM) director sells 100,000 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 100,000 shares of common stock in open-market transactions on February 12 and 13, 2026. He sold 90,000 shares at a weighted average price of $5.2332 on February 12 and 10,000 shares at a weighted average price of $5.8141 on February 13.
After these sales, Basil directly beneficially owns 204,657 shares of Climb Bio common stock. The filing states the trades were made under a Rule 10b5-1 trading plan adopted on October 14, 2025, and notes that each reported price reflects a weighted average of multiple individual trades within the disclosed price ranges.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 100,000 shares ($529,129)
Net Sell
2 txns
Insider
Thomas Stephen Basil
Role
Director
Sold
100,000 shs ($529K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $5.8141 | $58K |
| Sale | Common Stock | 90,000 | $5.2332 | $471K |
Holdings After Transaction:
Common Stock — 204,657 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 $5.2212 to $5.2481, 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 $5.6200 to $6.1200, inclusive.
FAQ
What insider transactions did Climb Bio (CLYM) disclose in this Form 4?
Climb Bio disclosed that director Thomas Stephen Basil sold a total of 100,000 common shares in the open market on February 12–13, 2026. The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted in October 2025.
At what prices were the Climb Bio (CLYM) insider sales executed?
The filing reports weighted average prices. On February 12, 2026, 90,000 shares were sold at $5.2332, with individual trades between $5.2212 and $5.2481. On February 13, 10,000 shares were sold at $5.8141, within a range of $5.6200 to $6.1200.
Were the Climb Bio (CLYM) insider sales part of a Rule 10b5-1 trading plan?
Yes. The Form 4 states the transactions were made under a Rule 10b5-1 trading plan adopted by Thomas Stephen Basil on October 14, 2025. Such plans allow pre-scheduled trading, helping insiders sell shares according to preset instructions over time.