SULLIVAN MATTHEW M 4
Research Summary
AI-generated summary
Climb Global (CLMB) CFO Sullivan Withholds 276 Shares for Taxes
What Happened
- Matthew M. Sullivan, Chief Financial Officer of Climb Global Solutions, had 276 restricted shares withheld to satisfy tax withholding obligations upon vesting. The shares were valued at $119.87 each, resulting in a reported disposition value of $33,084.
Key Details
- Transaction date: 2026-02-05; Filing date: 2026-02-06 (appears timely).
- Price per share: $119.87; Total value reported: $33,084.
- Transaction code: F — shares withheld at vesting to meet tax obligations (footnote F1).
- Shares owned after transaction: Not disclosed in the provided filing.
Context
- This was a withholding of vested restricted stock to pay taxes (a common, administrative/cashless action), not an open-market sale. Such tax-withholding dispositions are routine and do not by themselves indicate insider sentiment about the company.