secwatch.observer — SEC 8-K summary
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Issuer:     Climb Global Solutions, Inc. (CLMB)
CIK:        0000945983
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0001558370-24-001294
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Climb Global appoints Timothy Popovich as VP and COO with compensation package
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- Timothy Popovich, age 45, appointed VP and COO effective February 15, 2024.
- Previously President & COO of Climb Channel, a wholly owned subsidiary, since August 2023.
- 2024 compensation: $230k base salary, $150k target bonus, $120k time-based RSUs, $180k performance-based RSUs.
- Time-based RSUs vest over three years; performance RSUs tied to conditions over three years.
- Eligible for Tier 2 Executive Severance and Change in Control Plan and standard indemnification agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945983/000155837024001294/0001558370-24-001294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945983/000155837024001294/clmb-20240215x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-001294

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer