STOCK TITAN

[Form 4] Clearfield, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Cheryl Beranek, Chief Executive Officer and a director of Clearfield, Inc. (CLFD), filed a Form 4 reporting multiple transactions dated 08/08/2025. The filing shows she exercised employee stock options: 17,776 options at an exercise price of $23.74 and 24,000 options at $12.43. The filing also shows dispositions of common stock: 14,425 shares and 13,696 shares sold at $32.59 per share. Table II lists the underlying shares from the exercised options as 17,776 and 24,000, and shows post-transaction derivative security counts of 32,797 and 8,797 respectively. The Form 4 was signed by Darrell Hammond by power of attorney for Ms. Beranek on 08/12/2025. The filing records the mechanics and quantities of exercises and sales but does not state motives, proceeds retained or detailed allocation of shares.

Cheryl Beranek, Amministratore delegato e membro del consiglio di Clearfield, Inc. (CLFD), ha presentato un Modulo 4 che riporta più operazioni in data 08/08/2025. Il documento indica che ha esercitato opzioni azionarie per dipendenti: 17,776 opzioni a un prezzo di esercizio di $23.74 e 24,000 opzioni a $12.43. Il filing mostra inoltre disposizioni di azioni ordinarie: 14,425 azioni e 13,696 azioni vendute a $32.59 per azione. La Tabella II elenca le azioni sottostanti dalle opzioni esercitate come 17,776 e 24,000, e indica i conteggi di titoli derivati post-operazione pari a 32,797 e 8,797 rispettivamente. Il Modulo 4 è stato firmato da Darrell Hammond con procura per la Sig.ra Beranek il 08/12/2025. Il documento descrive le modalità e le quantità delle esercitazioni e delle vendite ma non specifica motivazioni, proventi trattenuti o l'allocazione dettagliata delle azioni.

Cheryl Beranek, directora ejecutiva y miembro del consejo de Clearfield, Inc. (CLFD), presentó un Formulario 4 que informa varias transacciones con fecha 08/08/2025. El registro muestra que ejerció opciones sobre acciones de empleados: 17,776 opciones a un precio de ejercicio de $23.74 y 24,000 opciones a $12.43. También aparecen disposiciones de acciones ordinarias: 14,425 y 13,696 acciones vendidas a $32.59 por acción. La Tabla II enumera las acciones subyacentes de las opciones ejercidas como 17,776 y 24,000, y muestra recuentos de valores derivados posteriores a la transacción de 32,797 y 8,797 respectivamente. El Formulario 4 fue firmado por Darrell Hammond por poder notarial en representación de la Sra. Beranek el 08/12/2025. El informe detalla la mecánica y las cantidades de los ejercicios y ventas, pero no indica motivos, los ingresos retenidos ni una asignación detallada de las acciones.

Cheryl Beranek은 Clearfield, Inc. (CLFD)의 최고경영자 겸 이사로서 08/08/2025자 복수 거래를 보고하는 Form 4를 제출했습니다. 신고서에 따르면 그녀는 임직원 주식매수선택권을 행사했으며: 행사가격 $23.74로 17,776 옵션, $12.43로 24,000 옵션을 행사했습니다. 또한 보통주 처분 내역으로는 14,425주 및 13,696주를 주당 $32.59에 매각한 기록이 있습니다. 표 II에는 행사된 옵션의 기초주식이 17,77624,000으로 기재되어 있으며, 거래 이후 파생증권 수량은 각각 32,7978,797으로 표시되어 있습니다. Form 4는 Darrell Hammond가 Beranek 씨를 위한 위임장으로 08/12/2025에 서명했습니다. 신고서는 행사 및 매각의 방식과 수량은 기록하고 있으나 동기, 보유한 수익금 또는 주식의 상세 배분은 명시하지 않습니다.

Cheryl Beranek, directrice générale et administratrice de Clearfield, Inc. (CLFD), a déposé un Formulaire 4 faisant état de plusieurs opérations datées du 08/08/2025. Le document indique qu'elle a exercé des options sur actions attribuées aux employés : 17,776 options à un prix d'exercice de $23.74 et 24,000 options à $12.43. Sont aussi signalées des cessions d'actions ordinaires : 14,425 et 13,696 actions vendues à $32.59 chacune. Le tableau II recense les actions sous-jacentes aux options exercées comme étant 17,776 et 24,000, et affiche des totaux de titres dérivés post-transaction de 32,797 et 8,797 respectivement. Le Formulaire 4 a été signé par Darrell Hammond par procuration pour Mme Beranek le 08/12/2025. Le dossier précise la mécanique et les quantités des exercices et ventes, mais ne mentionne pas les motifs, le produit perçu conservé ni une allocation détaillée des actions.

Cheryl Beranek, Chief Executive Officer und Direktorin von Clearfield, Inc. (CLFD), reichte ein Formular 4 ein, das mehrere Transaktionen vom 08/08/2025 meldet. Die Einreichung zeigt, dass sie Mitarbeiter-Aktienoptionen ausgeübt hat: 17,776 Optionen zu einem Ausübungspreis von $23.74 und 24,000 Optionen zu $12.43. Ebenfalls verzeichnet sind Veräußerungen von Stammaktien: 14,425 und 13,696 Aktien, verkauft zu je $32.59. Tabelle II listet die zugrunde liegenden Aktien aus den ausgeübten Optionen mit 17,776 bzw. 24,000 und weist nach der Transaktion jeweils 32,797 bzw. 8,797 derivative Wertpapierbestände aus. Das Formular 4 wurde am 08/12/2025 von Darrell Hammond per Vollmacht im Namen von Frau Beranek unterzeichnet. Die Einreichung dokumentiert Mechanik und Stückzahlen der Ausübungen und Verkäufe, nennt jedoch keine Motive, einbehaltene Erlöse oder eine detaillierte Aufteilung der Aktien.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: CEO exercised options and sold portions of stock; transactions are routine insider activity without explicit material impact in this filing.

The Form 4 documents option exercises of 17,776 (strike $23.74) and 24,000 (strike $12.43) and two dispositions of common stock of 14,425 and 13,696 shares at $32.59 on 08/08/2025. These entries update both derivative and common-stock beneficial ownership counts. The filing does not disclose gross proceeds, whether the sales were same-day sale transactions, or any change to executive compensation arrangements. Based solely on the reported quantities and prices, this appears to be routine exercise and partial sale activity rather than a corporate event that alters financial guidance or capital structure.

TL;DR: The disclosure complies with Section 16 reporting format; a POA signature is present and transaction dates are clearly stated.

The Form 4 lists the reporting person as Cheryl Beranek (CEO and director) and includes transaction dates of 08/08/2025, with the form signed by a power-of-attorney on 08/12/2025. The filing itemizes exercised options and subsequent common-stock dispositions and updates post-transaction ownership figures. There are no disclosed amendments, disclaimers of the affirmative-defense plan, or other governance notes in the filing. From a disclosure perspective the form supplies the standard information required for insider transactions; it does not, however, provide contextual details about the use of proceeds or trading plan terms within this document.

Cheryl Beranek, Amministratore delegato e membro del consiglio di Clearfield, Inc. (CLFD), ha presentato un Modulo 4 che riporta più operazioni in data 08/08/2025. Il documento indica che ha esercitato opzioni azionarie per dipendenti: 17,776 opzioni a un prezzo di esercizio di $23.74 e 24,000 opzioni a $12.43. Il filing mostra inoltre disposizioni di azioni ordinarie: 14,425 azioni e 13,696 azioni vendute a $32.59 per azione. La Tabella II elenca le azioni sottostanti dalle opzioni esercitate come 17,776 e 24,000, e indica i conteggi di titoli derivati post-operazione pari a 32,797 e 8,797 rispettivamente. Il Modulo 4 è stato firmato da Darrell Hammond con procura per la Sig.ra Beranek il 08/12/2025. Il documento descrive le modalità e le quantità delle esercitazioni e delle vendite ma non specifica motivazioni, proventi trattenuti o l'allocazione dettagliata delle azioni.

Cheryl Beranek, directora ejecutiva y miembro del consejo de Clearfield, Inc. (CLFD), presentó un Formulario 4 que informa varias transacciones con fecha 08/08/2025. El registro muestra que ejerció opciones sobre acciones de empleados: 17,776 opciones a un precio de ejercicio de $23.74 y 24,000 opciones a $12.43. También aparecen disposiciones de acciones ordinarias: 14,425 y 13,696 acciones vendidas a $32.59 por acción. La Tabla II enumera las acciones subyacentes de las opciones ejercidas como 17,776 y 24,000, y muestra recuentos de valores derivados posteriores a la transacción de 32,797 y 8,797 respectivamente. El Formulario 4 fue firmado por Darrell Hammond por poder notarial en representación de la Sra. Beranek el 08/12/2025. El informe detalla la mecánica y las cantidades de los ejercicios y ventas, pero no indica motivos, los ingresos retenidos ni una asignación detallada de las acciones.

Cheryl Beranek은 Clearfield, Inc. (CLFD)의 최고경영자 겸 이사로서 08/08/2025자 복수 거래를 보고하는 Form 4를 제출했습니다. 신고서에 따르면 그녀는 임직원 주식매수선택권을 행사했으며: 행사가격 $23.74로 17,776 옵션, $12.43로 24,000 옵션을 행사했습니다. 또한 보통주 처분 내역으로는 14,425주 및 13,696주를 주당 $32.59에 매각한 기록이 있습니다. 표 II에는 행사된 옵션의 기초주식이 17,77624,000으로 기재되어 있으며, 거래 이후 파생증권 수량은 각각 32,7978,797으로 표시되어 있습니다. Form 4는 Darrell Hammond가 Beranek 씨를 위한 위임장으로 08/12/2025에 서명했습니다. 신고서는 행사 및 매각의 방식과 수량은 기록하고 있으나 동기, 보유한 수익금 또는 주식의 상세 배분은 명시하지 않습니다.

Cheryl Beranek, directrice générale et administratrice de Clearfield, Inc. (CLFD), a déposé un Formulaire 4 faisant état de plusieurs opérations datées du 08/08/2025. Le document indique qu'elle a exercé des options sur actions attribuées aux employés : 17,776 options à un prix d'exercice de $23.74 et 24,000 options à $12.43. Sont aussi signalées des cessions d'actions ordinaires : 14,425 et 13,696 actions vendues à $32.59 chacune. Le tableau II recense les actions sous-jacentes aux options exercées comme étant 17,776 et 24,000, et affiche des totaux de titres dérivés post-transaction de 32,797 et 8,797 respectivement. Le Formulaire 4 a été signé par Darrell Hammond par procuration pour Mme Beranek le 08/12/2025. Le dossier précise la mécanique et les quantités des exercices et ventes, mais ne mentionne pas les motifs, le produit perçu conservé ni une allocation détaillée des actions.

Cheryl Beranek, Chief Executive Officer und Direktorin von Clearfield, Inc. (CLFD), reichte ein Formular 4 ein, das mehrere Transaktionen vom 08/08/2025 meldet. Die Einreichung zeigt, dass sie Mitarbeiter-Aktienoptionen ausgeübt hat: 17,776 Optionen zu einem Ausübungspreis von $23.74 und 24,000 Optionen zu $12.43. Ebenfalls verzeichnet sind Veräußerungen von Stammaktien: 14,425 und 13,696 Aktien, verkauft zu je $32.59. Tabelle II listet die zugrunde liegenden Aktien aus den ausgeübten Optionen mit 17,776 bzw. 24,000 und weist nach der Transaktion jeweils 32,797 bzw. 8,797 derivative Wertpapierbestände aus. Das Formular 4 wurde am 08/12/2025 von Darrell Hammond per Vollmacht im Namen von Frau Beranek unterzeichnet. Die Einreichung dokumentiert Mechanik und Stückzahlen der Ausübungen und Verkäufe, nennt jedoch keine Motive, einbehaltene Erlöse oder eine detaillierte Aufteilung der Aktien.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Beranek Cheryl

(Last) (First) (Middle)
7050 WINNETKA AVE. N.
SUITE 100

(Street)
BROOKLYN PARK MN 55428

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Clearfield, Inc. [ CLFD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/08/2025 M(1) 17,776 A $23.74 484,125 D
Common Stock 08/08/2025 F 14,425 D $32.59 469,700 D
Common Stock 08/08/2025 M(2) 24,000 A $12.43 493,700 D
Common Stock 08/08/2025 F 13,696 D $32.59 480,004 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to buy) $23.74 08/08/2025 M 17,776 (3) 11/16/2025 Common Stock 17,776 $0 32,797 D
Employee Stock Option (Right to buy) $12.43 08/08/2025 M 24,000 (4) 11/13/2025 Common Stock 24,000 $0 8,797 D
Explanation of Responses:
1. Exercised as options were set to expire on November 16, 2025.
2. Exercised as options were set to expire on November 13, 2025.
3. The stock option exercised vested in 1/3rd increments beginning 11/16/2021 through 11/16/2023.
4. The stock option exercised vested in 1/5th increments beginning 11/13/2020 through 11/13/2024
Darrell Hammond by Power of Attorney for Cheryl Beranek 08/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Cheryl Beranek report for Clearfield (CLFD)?

The Form 4 reports option exercises of 17,776 options at $23.74 and 24,000 options at $12.43, plus dispositions of 14,425 and 13,696 common shares at $32.59, all dated 08/08/2025.

How many shares resulted from the exercised options reported on the CLFD Form 4?

The exercised options underlying the reported derivatives are 17,776 and 24,000 common shares as shown in Table II of the filing.

At what prices were the CLFD shares sold according to the Form 4?

The two dispositions reported show sale prices of $32.59 per share for 14,425 and 13,696 shares.

When was the Form 4 signed and by whom?

The Form 4 was signed by Darrell Hammond by Power of Attorney for Cheryl Beranek on 08/12/2025.

Does the filing state the reason for the exercises or sales?

No. The Form 4 lists the transactions, quantities, prices and post-transaction ownership counts but does not state motives or use of proceeds.

What post-transaction ownership figures are shown in the filing?

The tables show updated beneficial ownership and derivative-security counts including figures such as 493,700, 480,004, 484,125, and 469,700 in the non-derivative table and derivative counts of 32,797 and 8,797 in Table II.
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