Climb Global Solutions, Inc.·4

Mar 9, 5:44 PM ET

Bass Charles Edward 4

Research Summary

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Climb Global (CLMB) Chief Alliance Officer Charles Bass Receives Award

What Happened
Charles Edward Bass, Chief Alliance Officer of Climb Global Solutions, received a grant/award of 6,525 shares on 2026-03-05 (reported on a Form 4 filed 2026-03-09). At the same time, 2,500 shares were withheld to satisfy tax obligations at an indicated price of $89.34 per share, a withholding value of $223,350. The award line is coded A (acquisition), and the withholding is coded F (shares withheld for tax/payment).

Key Details

  • Transaction date: 2026-03-05; Form 4 filed: 2026-03-09 (may be after the 2-business-day Form 4 deadline).
  • Award: 6,525 shares granted at $0.00 reported acquisition price (restricted stock award).
  • Tax withholding/Disposition: 2,500 shares withheld/disposed at $89.34 each — total value $223,350.
  • Footnote: F1 — "Shares withheld at vesting of restricted stock for purposes of meeting the reporting person's tax obligations."
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Transaction types: A = award/grant (acquisition); F = tax withholding/disposition.

Context
This filing reflects a standard restricted stock vesting event with shares withheld to cover taxes (a common administrative step), not an open-market sale or a buy. The award increases the insider’s equity subject to vesting/transfer restrictions; the withheld shares reduce the net new shares issued to the insider. The withholding (code F) is not typically interpreted as a directional market signal like an open-market purchase or voluntary sale.