Form 4: Clearfield Inc. COO John P. Hill Sells Shares in Multiple Transactions

Clearfield Inc.'s Chief Operating Officer, John P. Hill, recently sold a significant number of company shares in multiple transactions, as indicated in a Form 4 filing with the SEC.

Summary

• John P. Hill, the Chief Operating Officer of Clearfield, Inc., reported the sale of company stock in two separate transactions.
• On February 14, 2025, he sold 13,831 shares of common stock at a weighted average price of $33.05 per share.
• Following this transaction, he beneficially owned 176,055 shares.
• On February 19, 2025, Hill sold an additional 23,809 shares at a weighted average price of $33.10 per share.
• After the second transaction, his beneficial ownership decreased to 152,246 shares.
• The sales were executed in multiple transactions with prices ranging from $33.00 to $33.11 on February 14 and from $33.00 to $33.27 on February 19.
• The reporting person will provide full information regarding the number of shares sold at each separate price upon request.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by an officer. It doesn't inherently convey positive or negative sentiment, but the market may interpret insider sales in various ways.

Industry Context

This filing reflects insider trading activity, which is a common occurrence. Investors often monitor these filings to gauge management's sentiment about the company's prospects.

Stakeholder Impact

• Shareholders may react to the news of the COO selling shares, potentially affecting the stock price.

Key Dates

Keywords

Form 4, Clearfield, Inc., Stock Sale, John P. Hill, Chief Operating Officer, CLFD, SEC Filing