A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 11 filings in this group are Form 4s for Clearfield, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 11 insider filings shown, the breakdown is 6 open-market sale, 4 compensation award and 1 tax withholding. 6 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-07-06
CLFD insider Beranek Cheryl (Director, Chief Executive Officer) sold 1,778 shares (~$71.2K)
Beranek Cheryl, listed as Director, Chief Executive Officer at Clearfield, Inc., reported an open-market sale of 1,778 CLFD shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
1,778 |
$40.06 |
$71.2K |
Filing: Form 4 (Insider Transaction)
Insider: Beranek Cheryl (Director, Chief Executive Officer)
Shares: 1,778
Est. Value: $71.2K
Form 4
Compensation award
Tax / Compensation Filing
2026-07-02
CLFD insider Form 4 filed for equity award, exercise, or tax withholding
HERZOG DANIEL R (Chief Financial Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
752 |
$24.78 |
$18.6K |
Filing: Form 4 (Insider Transaction)
Insider: HERZOG DANIEL R (Chief Financial Officer)
Shares: 752
Form 4
Compensation award
Tax / Compensation Filing
2026-07-02
CLFD insider Form 4 filed for equity award, exercise, or tax withholding
Khemakhem Anis (Chief Commercial Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
158 |
$24.78 |
$3.9K |
Filing: Form 4 (Insider Transaction)
Insider: Khemakhem Anis (Chief Commercial Officer)
Shares: 158
Form 4
Compensation award
Tax / Compensation Filing
2026-07-02
CLFD insider Form 4 filed for equity award, exercise, or tax withholding
Hill John P (Chief Operating Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
459 |
$24.78 |
$11.4K |
Filing: Form 4 (Insider Transaction)
Insider: Hill John P (Chief Operating Officer)
Shares: 459
Form 4
Compensation award
Tax / Compensation Filing
2026-07-02
CLFD insider Form 4 filed for equity award, exercise, or tax withholding
Beranek Cheryl (Director, Chief Executive Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
210 |
$24.78 |
$5.2K |
Filing: Form 4 (Insider Transaction)
Insider: Beranek Cheryl (Director, Chief Executive Officer)
Shares: 210
Form 4
Open-market sale
Insider Selling
2026-06-11
CLFD insider Khemakhem Anis (Chief Commercial Officer) sold 1,684 shares (~$67.2K)
Khemakhem Anis, listed as Chief Commercial Officer at Clearfield, Inc., reported an open-market sale of 1,684 CLFD shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
1,684 |
$39.90 |
$67.2K |
Filing: Form 4 (Insider Transaction)
Insider: Khemakhem Anis (Chief Commercial Officer)
Shares: 1,684
Est. Value: $67.2K
Form 4
Open-market sale
Insider Selling
2026-06-03
CLFD insider Beranek Cheryl (Director, Chief Executive Officer) sold 7,500 shares (~$351.9K)
Beranek Cheryl, listed as Director, Chief Executive Officer at Clearfield, Inc., reported an open-market sale of 7,500 CLFD shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
7,500 |
$46.92 |
$351.9K |
Filing: Form 4 (Insider Transaction)
Insider: Beranek Cheryl (Director, Chief Executive Officer)
Shares: 7,500
Est. Value: $351.9K
Form 4
Open-market sale
Insider Selling
2026-05-28
CLFD insider Beranek Cheryl (Director, Chief Executive Officer) sold 2,500 shares (~$125.0K)
Beranek Cheryl, listed as Director, Chief Executive Officer at Clearfield, Inc., reported an open-market sale of 2,500 CLFD shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
2,500 |
$50.00 |
$125.0K |
Filing: Form 4 (Insider Transaction)
Insider: Beranek Cheryl (Director, Chief Executive Officer)
Shares: 2,500
Est. Value: $125.0K
Form 4
Open-market sale
Insider Selling
2026-05-12
CLFD insider Beranek Cheryl (Director, Chief Executive Officer) sold 7,500 shares (~$313.9K)
Beranek Cheryl, listed as Director, Chief Executive Officer at Clearfield, Inc., reported an open-market sale of 7,500 CLFD shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
5,000 |
$40.27 |
$201.4K |
S |
Open-market sale
|
2,500 |
$45.02 |
$112.6K |
Filing: Form 4 (Insider Transaction)
Insider: Beranek Cheryl (Director, Chief Executive Officer)
Shares: 7,500
Est. Value: $313.9K
Form 4
Open-market sale
Insider Selling
2026-05-12
CLFD insider Jones Walter Louis JR (Director) sold 2,391 shares (~$110.1K)
Jones Walter Louis JR, listed as Director at Clearfield, Inc., reported an open-market sale of 2,391 CLFD shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
2,391 |
$46.05 |
$110.1K |
Filing: Form 4 (Insider Transaction)
Insider: Jones Walter Louis JR (Director)
Shares: 2,391
Est. Value: $110.1K
Form 4
Tax withholding
Tax / Compensation Filing
2026-05-08
CLFD insider Form 4 filed for equity award, exercise, or tax withholding
Khemakhem Anis (Chief Commercial Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were withheld by the company to settle tax due when equity vested. This is an automatic administrative step and not a decision to sell.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
F |
Tax withholding on vested shares
|
635 |
$30.28 |
$19.2K |
Filing: Form 4 (Insider Transaction)
Insider: Khemakhem Anis (Chief Commercial Officer)
Shares: 635