Form 4: Clearfield CEO Sells Shares Under 10b5-1 Plan

Clearfield, Inc. CEO Cheryl Beranek sold 1,778 shares of common stock for approximately $40.06 per share as part of a pre-arranged trading plan.

Summary

• Cheryl Beranek, Chief Executive Officer and Director of Clearfield, Inc. (CLFD), reported a transaction on July 1, 2026.
• The transaction involved the sale of 1,778 shares of common stock.
• The sale was executed under a Rule 10b5-1 trading plan adopted on December 15, 2025.
• The weighted average sale price was $40.06, with individual sales ranging from $40.00 to $40.25.
• Following the transaction, Beranek beneficially owns 492,973 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted under a pre-arranged trading plan, indicating it was planned in advance and not necessarily a reflection of negative sentiment towards the company's future prospects.

Negatives

• Company CEO sold a portion of their holdings.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider sales, particularly under Rule 10b5-1 plans, are common for executives to diversify holdings or manage personal finances. The context of the sale price relative to the current market price is crucial for further analysis.

Stakeholder Impact

• Shareholders may view insider selling with caution, although the Rule 10b5-1 plan mitigates concerns about opportunistic trading.

Key Dates

Keywords

Clearfield Inc, CLFD, Form 4, Insider Trading, Rule 10b5-1, Stock Sale, Cheryl Beranek, CEO