{"url_path":"/sec/clmb/8-k/2026-06-25/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-25","source_url":"https://www.sec.gov/Archives/edgar/data/945983/0001437749-26-021708-index.html","accession_number":"0001437749-26-021708","cik":"0000945983","ticker":"CLMB","issuer_name":"Climb Global Solutions, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/945983/0001437749-26-021708-index.html","primary_entity_key":"0000945983","primary_entity_name":"Climb Global Solutions, Inc."},"word_count":293,"has_tables":true,"body_markdown":"**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**\n\n \n\nOn June 23, 2026, upon the recommendation of the Nominating and Corporate Governance Committee, the Board of Directors (the “**Board**”) of Climb Global Solutions, Inc. (the “**Company**”) increased the size of the Board from four to five members and elected Peter Bell to the Board to fill the vacancy created by such increase, effective immediately. The Board also appointed Mr. Bell to serve as the Nominating and Corporate Governance Committee chair.\n\n \n\nAs compensation for his service on the Board, Mr. Bell will receive the Company’s standard compensation for non-employee directors. There are no arrangements or understandings between Mr. Bell and any other persons pursuant to which he was elected as a director. There are no familial relationships between Mr. Bell and any director, executive officer, or any person nominated or chosen by the Company to become a director or executive officer. Mr. Bell has no direct or indirect material interest in any transaction with the Company required to be disclosed pursuant to Item 404(a) of Regulation S-K.\n\n \n\nIn connection with his appointment to the Board, Mr. Bell will enter into the Company’s standard form of indemnification agreement, a copy of which was filed as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2017, filed with the Securities and Exchange Commission on May 5, 2017. Pursuant to the terms of the indemnification agreement, the Company may be required, among other things, to indemnify Mr. Bell for certain expenses, including attorneys’ fees, judgments, fines and settlement amounts incurred by him in any action or proceeding arising out of his service as a director of the Company."}