Khemakhem Anis 4

What Happened

• Khemakhem Anis, Chief Commercial Officer of Clearfield, acquired 158 common shares on 2026-06-30 at $24.78 per share, for a total cost of approximately $3,915. The transaction is reported as an acquisition (code A) and reflects participation in the company’s Employee Stock Purchase Plan (ESPP).

Key Details

• Transaction date and price: 2026-06-30, 158 shares at $24.78/share (total ≈ $3,915).
• Filing date: Form 4 filed 2026-07-02 (appears within the typical 2-business-day filing window).
• Shares owned after transaction: not specified in the filing.
• Footnote: These shares were purchased through Clearfield’s ESPP for the Jan 1–Jun 30, 2026 offering period and were priced at 85% of the Dec 31, 2025 closing price (per filing footnote F1).
• Transaction code: A (award/grant/other acquisition); not an option exercise, sale, gift, or tax withholding.

Context

• ESPP purchases are common employee transactions that buy shares at a discount (here 85% of a prior close). Such purchases indicate the executive participated in the company plan but are routine and not necessarily a strong market signal on their own.
• This was a straight purchase via ESPP rather than an option exercise or immediate sale; no derivative activity or cashless sale was reported.