Jones Walter Louis JR 4
Research Summary
AI-generated summary
Clearfield (CLFD) Director Walter L. Jones Jr. Receives 2,544-Share Award
What Happened
- Walter L. Jones Jr., a director of Clearfield, Inc. (CLFD), was granted 2,544 shares of restricted common stock on February 27, 2026. The shares were reported at $0.00 per share (award/grant), so no cash was exchanged in this filing.
Key Details
- Transaction date: 2026-02-27 (reported on Form 4 filed 2026-03-02).
- Transaction type/code: Award/Grant (A) — 2,544 shares acquired at $0.00; total reported value $0.
- Shares owned after the transaction: not stated in this filing.
- Footnote: Restrictions on the restricted stock lapse on the first business day prior to the 2027 Annual Meeting of Shareholders (see F1).
- Filing timeliness: Filed within the required reporting window (not marked late).
Context
- This was a restricted stock grant (an equity award), not an open-market buy or sale. Such grants are common for directors as compensation and carry vesting or restriction conditions (noted above); they do not by themselves indicate a director buying or selling shares on the open market.