Daniel R. Herzog - 12 Sep 2025 Form 4 Insider Report for Clearfield, Inc. (CLFD)

Role
Chief Financial Officer
Signature
Darrell Hammond by Power of Attorney for Daniel Herzog
Issuer symbol
CLFD
Transactions as of
12 Sep 2025
Net transactions value
-$110,740
Form type
4
Filing time
15 Sep 2025, 14:30:47 UTC
Previous filing
02 Jul 2025
Next filing
20 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
HERZOG DANIEL R Chief Financial Officer 7050 WINNETKA AVE. N., SUITE 100, BROOKLYN PARK Darrell Hammond by Power of Attorney for Daniel Herzog 15 Sep 2025 0001262286

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLFD Common Stock Options Exercise $280,013 +11,795 +19% $23.74 72,779 12 Sep 2025 Direct F1
transaction CLFD Common Stock Tax liability $314,312 -9,453 -13% $33.25 63,326 12 Sep 2025 Direct
transaction CLFD Common Stock Options Exercise $149,160 +12,000 +19% $12.43 75,326 12 Sep 2025 Direct F2
transaction CLFD Common Stock Tax liability $225,601 -6,785 -9% $33.25 68,541 12 Sep 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CLFD Employee Stock Option (Right to buy) Options Exercise $0 +11,795 +202% $0.000000 17,632 12 Sep 2025 Common Stock 11,795 $23.74 Direct F3
transaction CLFD Employee Stock Option (Right to buy) Options Exercise $0 +12,000 $0.000000 5,837 12 Sep 2025 Common Stock 12,000 $12.43 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercised as options were set to expire on November 16, 2025.
F2 Exercised as options were set to expire on November 13, 2025.
F3 The stock option exercised vested in 1/3rd increments beginning 11/16/2021 through 11/16/2023.
F4 The stock option exercised vested in 1/5th increments beginning 11/13/2020 through 11/13/2024.