Form 4: Clearfield CEO Reports Gift of Common Stock

Clearfield, Inc. CEO Cheryl Beranek reported a gift of 1,960 shares of common stock on December 11, 2025, under a Rule 10b5-1 plan.

Summary

• Cheryl Beranek, Chief Executive Officer and Director of Clearfield, Inc. (CLFD), reported a transaction involving the company's common stock.
• On December 11, 2025, Ms. Beranek disposed of 1,960 shares of Common Stock.
• The transaction was classified as a gift (Transaction Code 'G') with a price of $0 per share.
• Following this reported transaction, Ms. Beranek directly beneficially owns 511,831 shares of Clearfield, Inc. Common Stock.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (gift of shares) which is generally considered neutral for the company's financial outlook or stock performance. It does not indicate any significant positive or negative developments for the company.

Future Outlook

This filing is a report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing is specific to an individual insider's transaction and does not provide broader industry context or trends. It reflects a routine disclosure of beneficial ownership changes.

Stakeholder Impact

• Minimal direct impact on shareholders, employees, customers, suppliers, or creditors as this is a routine insider transaction reporting a gift of shares, not a sale for cash or a significant change in company operations.

Key Dates

Recommendation

This Form 4 reports a routine insider gift transaction and does not contain information that would warrant a change in investment recommendation. The transaction is a disposition of shares by gift, not a sale for cash, and is part of a pre-arranged trading plan (Rule 10b5-1(c)), which typically reduces the perception of opportunistic trading.

Keywords

Clearfield, CLFD, Form 4, insider transaction, stock gift, CEO, director, beneficial ownership, Rule 10b5-1