SKARVAN KATHLEEN 4

What Happened

• Director Kathleen Skarvan received a grant of 2,544 shares of Clearfield, Inc. common stock on February 27, 2026. The award was reported at $0.00 per share (reported acquisition value $0), indicating a restricted stock award rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-27; Filing date (Form 4): 2026-03-02 (timely filing).
• Transaction type: Award/Grant (code A); reported price: $0.00; total reported value: $0.
• Shares owned after transaction: not specified in the filing.
• Footnote: Restrictions on the restricted stock lapse the first business day prior to the 2027 Annual Meeting of Shareholders.
• No indication of a 10b5-1 plan, sale, or tax-withholding action reported with this transaction.

Context

• This was a restricted stock award (not a market purchase or sale). Restricted shares are typically subject to vesting or transfer limitations until the restriction lapse date noted in the filing, so these shares are likely not immediately tradable. Such awards are common as part of director compensation and are informational rather than a direct buy/sell signal.