Beranek Cheryl 4
4 · Clearfield, Inc. · Filed Jun 3, 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 7,500 shares in an open-market transaction on June 1, 2026. The weighted-average sale price was $46.92 per share, totaling approximately $351,900. The shares were sold in multiple trades at prices ranging from $46.31 to $47.25.
Key Details
- Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-03).
- Price: weighted average $46.92; individual trade prices ranged $46.31–$47.25.
- Shares sold: 7,500; gross proceeds ≈ $351,900.
- Shares owned after the transaction: Not disclosed in the provided filing.
- Footnotes: (F1) Sale was effected under a Rule 10b5-1 trading plan adopted Dec 15, 2025. (F2) Weighted-average price reported; issuer will provide per-trade price breakdown on request.
- Timeliness: Filed June 3, 2026 for a June 1 transaction — appears to be within typical Form 4 timelines.
Context
Sales executed under a 10b5-1 plan are generally pre-scheduled and may not reflect the insider’s current view of the company; they are commonly used to avoid timing issues. Routine insider sales are less informative than purchases for judging insider sentiment, so this filing should be viewed as a scheduled disposition unless additional disclosures indicate otherwise.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-01$46.92/sh−7,500$351,900→ 494,541 total
Footnotes (2)
- [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 $46.31 to $47.25. 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.