STOCK TITAN

Clearfield, Inc. (CLFD) COO adds ESPP shares to holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Clearfield, Inc. Chief Operating Officer John P. Hill reported an acquisition of company stock through an employee plan. On June 30, 2026, he acquired 459 shares of common stock at $24.78 per share under the Employee Stock Purchase Plan for the January 1–June 30, 2026 period.

The footnote explains these shares were purchased at 85% of the December 31, 2025 closing price, consistent with the plan’s terms. Following this transaction, Hill directly owns 192,674 shares of Clearfield common stock.

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Insider Hill John P
Role Chief Operating Officer
Type Security Shares Price Value
Grant/Award Common Stock (ESPP) 459 $24.78 $11K
Holdings After Transaction: Common Stock (ESPP) — 192,674 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares acquired 459 shares Common Stock (ESPP) acquired on June 30, 2026
Purchase price $24.78 per share ESPP purchase price for the June 30, 2026 acquisition
Holdings after transaction 192,674 shares Total Clearfield common shares directly owned after acquisition
ESPP discount rate 85% of closing price Based on December 31, 2025 closing price per ESPP terms
ESPP period January 1–June 30, 2026 Employee Stock Purchase Plan purchase period for these shares
Employee Stock Purchase Plan financial
"Purchase of Common Shares through Employee Stock Purchase Plan for the period January 1 - June 30, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
Common Stock (ESPP) financial
"security_title": "Common Stock (ESPP)""
direct ownership financial
"ownership_type": "direct""
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Hill John P

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

(Street)
BROOKLYN PARK MINNESOTA 55428

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Clearfield, Inc. [ CLFD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock (ESPP)06/30/2026A459(1)A$24.78192,674D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Purchase of Common Shares through Employee Stock Purchase Plan for the period January 1 - June 30, 2026. In accordance with the ESPP, these shares were purchased based on 85% of the closing price on December 31, 2025.
Darrell Hammond by Power of Attorney for John P. Hill07/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Clearfield (CLFD) COO John P. Hill report?

John P. Hill reported acquiring 459 Clearfield common shares through the company’s Employee Stock Purchase Plan. The June 30, 2026 transaction was priced at $24.78 per share and increased his direct holdings to 192,674 shares of Clearfield, Inc. common stock.

Was the Clearfield (CLFD) COO’s recent share acquisition an open-market purchase?

No, the 459-share acquisition was made through Clearfield’s Employee Stock Purchase Plan, not in the open market. The plan purchase was based on 85% of the December 31, 2025 closing price, covering the period from January 1 to June 30, 2026.

How many Clearfield (CLFD) shares does COO John P. Hill now hold?

After the reported Employee Stock Purchase Plan transaction, John P. Hill directly holds 192,674 shares of Clearfield common stock. This total reflects the addition of 459 shares acquired on June 30, 2026 at a purchase price of $24.78 per share.

What price did Clearfield (CLFD) COO pay per share in the ESPP transaction?

The reported acquisition shows a purchase price of $24.78 per Clearfield share. According to the footnote, these shares were obtained under the Employee Stock Purchase Plan at 85% of the December 31, 2025 closing price for the January–June 2026 offering period.

How does Clearfield’s Employee Stock Purchase Plan determine the COO’s share price?

The plan bases purchases on 85% of a reference market price, here the December 31, 2025 closing price. For the January 1–June 30, 2026 period, this formula resulted in the COO acquiring 459 Clearfield common shares at a reported price of $24.78 each.