Beranek Cheryl 4

What Happened Cheryl Beranek, Chief Executive Officer of Clearfield, Inc. (CLFD), reported a sale of 2,500 shares on 2026-05-27 at $50.00 per share, resulting in proceeds of $125,000. The Form 4 lists the transaction as an open market or private sale (code S).

Key Details

• Transaction date and price: 2026-05-27, 2,500 shares at $50.00 each ($125,000 total).
• Transaction type/code: Sale (S) — open market or private sale per the filing.
• Footnote: Transaction was effected under a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2025.
• Filing date/timeliness: Form filed 2026-05-28 (timely relative to the reported transaction).
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context Sales executed under a pre-established Rule 10b5-1 plan are typically scheduled in advance and are considered routine; they do not necessarily indicate a change in the insider’s view of the company. Retail investors should view this as an insider sale rather than a direct signal of company prospects and consider other insider activity and fundamentals when evaluating CLFD.