Bass Charles Edward 4
4 · Climb Global Solutions, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
- Award
Common Stock
2026-03-05+6,525→ 32,039 total - Tax Payment
Common Stock
[F1]2026-03-05$89.34/sh−2,500$223,350→ 29,539 total
Footnotes (1)
- [F1]Shares withheld at vesting of restricted stock for purposes of meeting the reporting person's tax obligations.