---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-008212"
form_type: "8-K"
ticker: "CLFD"
cik: "0000796505"
company_name: "Clearfield, Inc."
filed_at: "2022-12-27T23:59:59+00:00"
generated_at: "2026-06-20T23:10:26.235680+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Clearfield approves FY2023 executive salary increases up to 36.9% and raises director compensation

## Summary
- CEO Cheryl Beranek and COO John Hill base salaries raised to $425,000 each (13.5% increase); CFO Daniel Herzog to $340,000 (+36.9%).
- Non-employee director annual restricted stock award increased to $60,000; cash retainer raised to $40,000.
- Committee chairs and Chairman get additional $10,000 annual cash retainer (10% of board comp).
- Compensation changes effective Oct 10, 2022; based on Compensia recommendations.

## SEC filing metadata
- accession: 0001171843-22-008212
- form_type: 8-K
- ticker: CLFD
- cik: 0000796505
- company_name: Clearfield, Inc.
- filed_at: 2022-12-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796505/000117184322008212/0001171843-22-008212-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796505/000117184322008212/f8k_122722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-008212
- JSON: https://secwatch.observer/filing/0001171843-22-008212.json
- Plain text: https://secwatch.observer/filing/0001171843-22-008212.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.