Clearfield (CLFD) director receives 2,544-share restricted stock grant

Rhea-AI Filing Summary

Clearfield, Inc. director Rebecca Seidel reported an award of 2,544 shares of common stock. These shares were acquired as a grant at a price of $0.00 per share, increasing her directly held stake to 2,870 shares of common stock.

The award consists of restricted stock, meaning it is subject to vesting conditions. According to the terms, the restrictions on this restricted stock will lapse on the first business day prior to the company’s 2027 Annual Meeting of Shareholders, after which the shares will be fully vested.

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

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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^*

Seidel Rebecca

(Last) (First) (Middle)

7050 WINNETKA AVE N STE 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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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)	02/27/2026		A		2,544	A	$0	2,870	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

Explanation of Responses:

1. Restrictions on Restricted Stock lapse the first business day prior to the 2027 Annual Meeting of Shareholders.

	Darrell Hammond by Power of Attorney for Rebecca Seidel	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Clearfield (CLFD) director Rebecca Seidel report?

Director Rebecca Seidel reported receiving an award of 2,544 shares of Clearfield common stock. This was a grant transaction at a price of $0.00 per share, increasing her directly held ownership to 2,870 shares of common stock following the award.

Was the Clearfield (CLFD) insider transaction a purchase or an award?

The Clearfield insider transaction was an award, not an open-market purchase. Rebecca Seidel received 2,544 shares of common stock as a grant, recorded under a grant or award acquisition code, with a transaction price of $0.00 per share.

How many Clearfield (CLFD) shares does Rebecca Seidel own after this Form 4?

After the reported award, Rebecca Seidel directly owns 2,870 shares of Clearfield common stock. This total reflects the addition of 2,544 granted shares to her prior holdings, as disclosed in the non-derivative transaction section of the Form 4 filing.

What are the vesting terms of Rebecca Seidel’s restricted stock in Clearfield (CLFD)?

The awarded shares are restricted stock subject to vesting conditions. Restrictions on this restricted stock will lapse on the first business day prior to Clearfield’s 2027 Annual Meeting of Shareholders, at which time the shares are expected to become fully vested and freely transferable.

Does the Clearfield (CLFD) Form 4 show any insider share sales?

The Form 4 does not show any insider share sales. It reports a single acquisition transaction classified as a grant or award of 2,544 shares of common stock to director Rebecca Seidel, with no dispositions or sale transactions disclosed in the filing.

What transaction code is used for the Clearfield (CLFD) insider award?

The insider award uses transaction code “A,” which denotes a grant, award, or other acquisition. In this case, it reflects the issuance of 2,544 shares of Clearfield common stock to director Rebecca Seidel as a restricted stock grant at no cash cost.