Seidel Rebecca 4

What Happened
Rebecca Seidel, a director of Clearfield, Inc. (CLFD), was granted 2,544 shares on February 27, 2026. The award is reported as an acquisition (code A) at $0.00 per share (total reported cash value $0). This is a restricted stock award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-27; Form 4 filed 2026-03-02 (filing appears timely).
• Price: $0.00 per share; total cash consideration reported $0.
• Shares granted: 2,544 restricted shares.
• Shares owned after transaction: not specified in the excerpt of the filing.
• Footnote: Restrictions on the restricted stock lapse the first business day prior to the 2027 Annual Meeting of Shareholders (per footnote F1).
• Transaction type/code: Award/Grant (A). No 10b5-1 or tax-withholding note included in this filing.

Context
This was a compensation-related restricted stock grant, which typically vests or lapses at a future date (here, prior to the 2027 annual meeting) and is not an immediate market purchase or sale. Such grants are common for director compensation and do not by themselves indicate an intention to buy or sell shares on the open market.