Clearfield (NASDAQ: CLFD) trustee files Form 144 to sell 7,500 shares

Rhea-AI Filing Summary

Clearfield Inc. trustee reported a proposed sale of 7,500 shares of common stock by filing a Form 144. The filing lists three proposed dispositions: 5,000 shares for $199,878.96, 2,500 shares for $111,738.13, and 2,500 shares for $124,090.42, with trade dates in May 2026. The securities were originally issued under a Stock Option Grant dated 08/08/2022.

Insights

Securities Compliance Counsel

Form 144 notifies the market of proposed sales by an affiliated trustee.

Filed notice lists a total of 7,500 shares associated with an earlier Stock Option Grant dated 08/08/2022. The transaction entries show specific proposed sale dates in May 2026 and dollar amounts for each lot.

These notices are procedural and permit public resale under Rule 144; completion depends on market transactions and compliance with holding-period and volume limitations. Subsequent filings will report actual sales.

Key Figures

Total proposed shares: 7,500 shares Proposed lot 1: 5,000 shares Proposed lot 2: 2,500 shares +2 more

5 metrics

Total proposed shares 7,500 shares aggregate listed on the Form 144

Proposed lot 1 5,000 shares proposed sale dated <date>05/08/2026</date> for <money>$199,878.96</money>

Proposed lot 2 2,500 shares proposed sale dated <date>05/11/2026</date> for <money>$111,738.13</money>

Proposed lot 3 2,500 shares proposed sale dated <date>05/27/2026</date> for <money>$124,090.42</money>

Grant date 08/08/2022 Stock Option Grant date associated with the securities

Key Terms

Form 144, Stock Option Grant, Revocable Trust

3 terms

Form 144 regulatory

"Filed notice of proposed sale for restricted/affiliated securities"

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.

Stock Option Grant financial

"Securities were issued under a Stock Option Grant dated 08/08/2022"

Revocable Trust legal

"Cheryl J Beranek Revocable TR listed as the selling holder"

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.

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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	7500	349799.69	13589460	06/01/2026	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			7500	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

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 Clearfield's (CLFD) Form 144 report?

It reports a proposed sale of 7,500 shares of common stock by a trustee, linked to a 08/08/2022 Stock Option Grant. The filing lists proposed trade dates in May 2026 with per‑lot dollar amounts.

Who is the selling party named on the CLFD Form 144?

The seller is listed as the Cheryl J Beranek Revocable TR at a Brooklyn Park, MN address. The trust is identified as the holder proposing the resale of company common stock.

How many shares and proceeds are shown on the filing?

The filing shows proposed quantities of 5,000, 2,500, and 2,500 shares with proceeds of $199,878.96, $111,738.13, and $124,090.42, respectively, across the listed trade dates.

Are these shares already sold according to the Form 144?

No. The form notifies of proposed sales; it does not confirm completion. Final sale details would appear in subsequent reports disclosing executed transactions.