Beranek Cheryl 4

What Happened
Cheryl Beranek, Chief Executive Officer of Clearfield, acquired 210 shares of Clearfield common stock on June 30, 2026, at $24.78 per share, for a total cost of approximately $5,204. This was an acquisition through the company’s Employee Stock Purchase Plan (ESPP), so it is a purchase rather than a sale.

Key Details

• Transaction date and price: 2026-06-30 — 210 shares at $24.78 each (total ≈ $5,204).
• Filing date: Form 4 filed 2026-07-02 (two days after the transaction; generally within the Form 4 two-business-day window).
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote: F1 — These shares were purchased under the ESPP for the Jan 1–Jun 30, 2026 offering; purchase price was based on 85% of the closing price on December 31, 2025.
• Transaction type code: A (award/grant/other acquisition) per the Form 4 entry — here reflecting an ESPP purchase.

Context
ESPP purchases are routine, payroll- or plan-based acquisitions that allow employees and executives to buy shares at a discount (here, 85% of the referenced price). This transaction is a modest-dollar purchase (~$5.2k) and should be viewed as a routine employee-plan acquisition rather than an explicit market-timing signal.