Clearfield, Inc. — Director's Dealing 2025

Jul 2, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clearfield, Inc. (CLFD)
CIK: 0000796505
Period of Report: 2025-06-30

Reporting Person: Hill John P (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-06-30	Common Stock (ESPP)	A	498	$26.35	Acquired	152744	Direct

Footnotes

F1: Purchase of Common Shares through Employee Stock Purchase Plan for the period January 1 - June 30, 2025. ln accordance with the ESPP, these shares were purchased based on 85% of the closing price on December 31, 2024.