CLFD (NASDAQ: CLFD) Form 144 notice names Fidelity as broker

Rhea-AI Filing Summary

CLFD submitted a Form 144 notice for the proposed sale of Common stock. The filing lists Fidelity Brokerage Services LLC at 245 Summer Street, Boston, MA as the broker/dealer and identifies NASDAQ as the market. The filing date shown is 05/11/2026.

Insights

Securities Attorney

Form 144 notifies of an intended affiliate sale via a broker.

Form 144 is a regulatory notice used by affiliates to report proposed sales of restricted or control securities. The excerpt lists Fidelity Brokerage Services LLC and NASDAQ, and shows a filing date of 05/11/2026.

The filing itself is procedural: it records an intended transaction method and broker details. Timing, exact share quantities tied to the sale, and cash‑flow treatment are not fully specified in the provided excerpt; subsequent trade reports or a Form 4/transaction execution record would show whether sales occurred.

Key Terms

Form 144, Payment for services rendered, Compensation

3 terms

Form 144 regulatory

"144: Filer Information"

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.

Payment for services rendered financial

"Common | 12/02/2022 | Payment for services rendered"

Compensation financial

"02/26/2025 | Payment for services rendered | ISSUER | | | 1173 | 02/26/2025 | Compensation"

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

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	FIDELITY BROKERAGE SERVICES LLC 245 Summer Street BOSTON MA 02110	2700	109215.00	13589460	05/11/2026	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	12/02/2022	Payment for services rendered	ISSUER			159	12/02/2022	Compensation
Common	02/22/2023	Payment for services rendered	ISSUER			394	02/22/2023	Compensation
Common	02/21/2024	Payment for services rendered	ISSUER			974	02/21/2024	Compensation
Common	02/26/2025	Payment for services rendered	ISSUER			1173	02/26/2025	Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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 CLFD's Form 144 filing mean?

It is a regulatory notice reporting an intended sale of CLFD common stock by an affiliate. The excerpt names Fidelity Brokerage Services LLC and lists 05/11/2026 as the filing date, and shows NASDAQ as the market.

Who is the broker listed on CLFD's Form 144?

The filing lists Fidelity Brokerage Services LLC at 245 Summer Street, Boston, MA. That firm is identified as the broker/dealer in the excerpt; the filing does not state execution details or settlement instructions.

Does Form 144 confirm the shares were sold for CLFD?

No. Form 144 reports a proposed sale; it does not by itself confirm execution. The provided excerpt records the filing and broker details but does not show trade confirmations or proceeds information.

Where will the CLFD shares be sold according to the filing?

The excerpt indicates NASDAQ as the market for the securities to be sold. The filing names transaction dates related to compensation receipts but does not provide full execution or settlement specifics in the excerpt.