Trustee files proposed sales of 17,500 Clearfield shares (CLFD)

Rhea-AI Filing Summary

Clearfield, Inc. reported proposed sales under Form 144 by a related holder identified as Cheryl J Beranek Revocable TR. The notices list four cash sales between 05/08/2026 and 06/01/2026 totaling 17,500 shares and aggregate proceeds shown across entries.

Insights

Securities Compliance Analyst

Routine Form 144 notices report proposed sales by an affiliated trust.

The excerpt lists multiple cash sale entries by Cheryl J Beranek Revocable TR on 05/08/2026, 05/11/2026, 05/27/2026, and 06/01/2026

These are notification filings required when certain affiliates propose open-market dispositions. Cash‑flow treatment and whether sales completed are not stated in the excerpt; subsequent broker reports or Form 4/Form 5 entries would show final settlement.

Key Figures

Shares listed on 05/08/2026: 5,000 shares Shares listed on 05/11/2026: 2,500 shares Shares listed on 05/27/2026: 2,500 shares +3 more

6 metrics

Shares listed on 05/08/2026 5,000 shares cash sale line dated 05/08/2026

Shares listed on 05/11/2026 2,500 shares cash sale line dated 05/11/2026

Shares listed on 05/27/2026 2,500 shares cash sale line dated 05/27/2026

Shares listed on 06/01/2026 7,500 shares cash sale line dated 06/01/2026

Aggregate shares listed in excerpt 17,500 shares sum of listed sale lines in the excerpt

Securities source Stock Option Grant original grant dated 08/08/2022

Key Terms

Form 144, Revocable Trust, Stock Option Grant

3 terms

Form 144 regulatory

"The excerpt lists multiple cash sale entries under Form 144"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Revocable Trust legal

"Cheryl J Beranek Revocable TR 7050 Winnetka Avenue North"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

Stock Option Grant financial

"Stock Option Grant | Issuer | 08/08/2022"

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Available on EDGAR 07/01/2026 - 04:09 PM Accepted by SEC EDGAR 07/01/2026 - 04:09 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Wells Fargo Clearing Services One North Jefferson Avenue St. Louis MO 63103	1778	70581.06	13589460	07/01/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/08/2022	Stock Option Grant	Issuer			1778	08/08/2022	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Cheryl J Beranek Revocable TR 7050 Winnetka Avenue North, Suite 100 Brooklyn Park MN 55428	Clearfield, Inc.	05/08/2026	5000	199878.96
Cheryl J Beranek Revocable TR 7050 Winnetka Avenue North, Suite 100 Brooklyn Park MN 55428	Clearfield, Inc.	05/11/2026	2500	111738.13
Cheryl J Beranek Revocable TR 7050 Winnetka Avenue North, Suite 100 Brooklyn Park MN 55428	Clearfield, Inc.	05/27/2026	2500	124090.42
Cheryl J Beranek Revocable TR 7050 Winnetka Avenue North, Suite 100 Brooklyn Park MN 55428	Clearfield, Inc.	06/01/2026	7500	349799.69

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the CLFD Form 144 entry mean?

It notifies the SEC of proposed sales by an affiliate, listing dates and share counts. The excerpt shows cash sales on 05/08/2026, 05/11/2026, 05/27/2026, and 06/01/2026 with stated share amounts and gross proceeds per line.

How many Clearfield (CLFD) shares are listed in these Form 144 notices?

The entries list a total of 17,500 shares across four lines of sales. Specifically, the notices show 5,000; 2,500; 2,500; and 7,500 shares on the dated lines in the excerpt.

Who is listed as the selling holder on the CLFD Form 144?

The selling holder is identified as Cheryl J Beranek Revocable TR with an address in Brooklyn Park, MN. The notice attributes the listed proposed dispositions to that trust across the dated entries.

Do these Form 144 entries confirm the sales were completed?

No, Form 144 is a notice of proposed sales and does not itself confirm completion. Completion and settlement are typically evidenced later by broker reports or Form 4/Form 5 filings if required.