Foster Dale Richard 4

What Happened
Foster Dale Richard, CEO of Climb Global Solutions, had 328 restricted shares withheld to satisfy his tax obligations on vesting. The withholding was recorded at $119.87 per share, for an aggregate value of $39,317. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-02-05
• Transaction type/code: F — shares withheld to pay tax liability (disposed)
• Shares involved: 328 shares withheld
• Price used for withholding: $119.87 per share; total value $39,317
• Shares owned after the transaction: Not reported in the provided excerpt of the filing
• Footnote: F1 — shares were withheld at vesting to meet the reporting person's tax obligations
• Filing timeliness: No late-filing indication in the provided data

Context
Tax-withholding of vested restricted stock is a routine administrative transaction and does not necessarily signal a change in the insider’s view of the company. It differs from an open-market sale because shares are retained by the company (or broker) to satisfy taxes rather than being sold on the market.