Foster Dale Richard 4
4 · Climb Global Solutions, Inc. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
CLMB CEO Foster Dale Richard Withholds 883 Shares for Taxes
What Happened Foster Dale Richard, CEO of Climb Global Solutions, had 883 shares withheld at vesting to satisfy tax obligations (disposition code F). The withholding was valued at $18.76 per share, totaling $16,565. This is a tax-related share withholding upon vesting of restricted stock — a routine disposition rather than an open-market sale.
Key Details
- Transaction date: 2026-05-05; filing date: 2026-05-06 (timely).
- Shares withheld/disposed: 883 at $18.76 each; reported value $16,565.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: F1 — shares were withheld at vesting to meet the reporting person's tax obligations.
- Transaction code F indicates tax withholding (not a market sale).
Context Share withholding at vesting is a common method to pay required taxes on restricted stock and does not necessarily reflect the insider’s view of the company’s prospects. Because shares are surrendered to cover taxes rather than sold on the open market, these transactions are typically considered administrative and less informative about insider sentiment.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-05-05$18.76/sh−883$16,565→ 343,467 total
Footnotes (1)
- [F1]Shares withheld at vesting of restricted stock for purposes of meeting the reporting person's tax obligations.