Beranek Cheryl 4
4 · Clearfield, Inc. · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
Clearfield (CLFD) CEO Cheryl Beranek Sells 7,500 Shares
What Happened
Cheryl Beranek, CEO of Clearfield, Inc. (CLFD), sold a total of 7,500 shares in two open-market dispositions: 5,000 shares on 2026-05-08 at a weighted average price of $40.27 for proceeds of $201,350, and 2,500 shares on 2026-05-11 at a weighted average price of $45.02 for proceeds of $112,550. Total proceeds reported: approximately $313,900. The sales were executed under a Rule 10b5-1 trading plan adopted by Ms. Beranek on December 15, 2025.
Key Details
- Transaction dates and prices:
- 2026-05-08: 5,000 shares sold, weighted avg $40.27 (individual prices ranged $40.00–$40.63). Proceeds $201,350. (Footnote F2)
- 2026-05-11: 2,500 shares sold, weighted avg $45.02 (individual prices ranged $45.00–$45.15). Proceeds $112,550. (Footnote F3)
- Total shares sold: 7,500; total proceeds: ~$313,900.
- Sales were made pursuant to a pre-established Rule 10b5-1 trading plan adopted 2025-12-15 (Footnote F1).
- The filing date on SEC Accession 0000796505-26-000015 is 2026-05-12. No late-filing flag was provided in the material you shared.
- The weighted-average prices reflect multiple trades; the filer offers to provide a per-trade price breakdown upon request to Clearfield, any shareholder, or the SEC.
Context
- Transactions coded “S” are sales (dispositions). Because these sales were executed under a 10b5-1 plan, they were pre-arranged and are commonly considered routine rather than a direct statement of the CEO’s current view of the company.
- For investors, purchases tend to be more informative about insider conviction; sales can reflect diversification, tax planning, or other personal needs.
Insider Transaction Report
Form 4
Clearfield, Inc.CLFD
Beranek Cheryl
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
[F1][F2]2026-05-08$40.27/sh−5,000$201,350→ 507,041 total - Sale
Common Stock
[F1][F3]2026-05-11$45.02/sh−2,500$112,550→ 504,541 total
Footnotes (3)
- [F1]The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2025.
- [F2]The price in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.63. The reporting person undertakes to provide Clearfield, Inc., any security holder of Clearfield, Inc., or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price set forth in the footnote.
- [F3]The price in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.15. The reporting person undertakes to provide Clearfield, Inc., any security holder of Clearfield, Inc., or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price set forth in the footnote.
Signature
Darrell Hammond by Power of Attorney for Cheryl Beranek|2026-05-12