Hill John P 4

What Happened

• John P. Hill, Chief Operating Officer of Clearfield, acquired 459 common shares on June 30, 2026. The reported price was $24.78 per share, for a total cost of $11,374. This was an acquisition through Clearfield’s Employee Stock Purchase Plan (ESPP), a purchase rather than a sale.

Key Details

• Transaction date and price: 2026-06-30 — 459 shares at $24.78 each.
• Total value: $11,374 (reported).
• Nature of transaction: ESPP purchase/acquisition (filing reports code A).
• Footnote: Shares were purchased under the ESPP for the Jan 1–Jun 30, 2026 offering period; purchase price was based on 85% of Clearfield’s closing price on Dec 31, 2025.
• Shares owned after transaction: Not stated in the Form 4 filing.
• Filing timeliness: Form filed on July 2, 2026; no late-filing flag indicated in the report.

Context

• This was an employee-plan purchase (discounted ESPP price), not an open-market buy or an option exercise. ESPP purchases are routine compensation-related acquisitions and indicate the insider acquired stock at the plan’s discounted price rather than a market-timed trade.