Clearfield Inc (CLFD) chairman reports 10,000-share insider stock buy

Rhea-AI Filing Summary

Clearfield, Inc. insider Ronald G. Roth, the company’s chairman of the board and a 10% owner, reported buying 10,000 shares of common stock on December 15, 2025. The trade was coded as a purchase at a weighted-average price of $30.06 per share, with individual transactions occurring between $29.85 and $30.25.

After this transaction, Roth beneficially owns 1,279,264 Clearfield shares directly, plus an additional 176,760 shares held indirectly through his spouse.

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
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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^*

ROTH RONALD G

(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	X	10% Owner
	Officer (give title below)	X	Other (specify below)
			Chairman of the Board

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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(1)	12/15/2025		P		10,000	A	$30.06(1)	1,279,264	D
Common Stock								176,760	I	Shares held by spouse

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

Explanation of Responses:

1. The price in column 4 is the weighted average price. The shares were purchased in multiple transactions at prices ranging from $29.85 to $30.25. The reporting person undertakes to provide Clearfield, Inc., any security holder of Clearfield, Inc., or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares purchased at each separate price set forth in the footnote.

	Darrell Hammond by Power of Attorney for Ronald G. Roth	12/15/2025
	** 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 transaction did Clearfield (CLFD) report for December 15, 2025?

Clearfield reported that chairman and 10% owner Ronald G. Roth purchased 10,000 shares of Clearfield common stock on December 15, 2025.

At what price were Ronald G. Roth’s new CLFD shares acquired?

The 10,000 shares were bought at a weighted-average price of $30.06 per share, in multiple trades between $29.85 and $30.25.

How many Clearfield (CLFD) shares does Ronald G. Roth own after this purchase?

Following the reported transaction, Ronald G. Roth beneficially owns 1,279,264 Clearfield shares directly and 176,760 shares held indirectly through his spouse.

What is Ronald G. Roth’s role at Clearfield (CLFD)?

Ronald G. Roth is listed as a director, a 10% owner, and chairman of the board of Clearfield, Inc.

Was the reported CLFD insider transaction a purchase or a sale?

The transaction was coded as P for purchase, indicating that Ronald G. Roth bought shares of Clearfield common stock rather than selling them.

How is indirect ownership in CLFD reported for Ronald G. Roth?

The report shows 176,760 Clearfield shares held indirectly by Ronald G. Roth through shares held by his spouse.