Clearfield, Inc. — Director's Dealing 2025

Nov 19, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clearfield, Inc. (CLFD)
CIK: 0000796505
Period of Report: 2025-11-16

Reporting Person: Beranek Cheryl (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-16	Common Stock	F	1020	$30.72	Disposed	478984	Direct
2025-11-16	Common Stock	F	1948	$30.72	Disposed	477036	Direct
2025-11-16	Common Stock	F	2318	$30.72	Disposed	474718	Direct

Footnotes

F1: Payment of taxes by withholding shares on vesting the last 33% of restricted stock that was granted on February 24, 2023.

F2: Payment of taxes by withholding shares on vesting the second 33% of restricted stock that was granted on November 16, 2023.

F3: Payment of taxes by withholding shares on vesting the first 33% of restricted stock that was granted on November 26, 2024