---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-000454"
form_type: "8-K"
ticker: "CLFD"
cik: "0000796505"
company_name: "Clearfield, Inc."
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T10:06:20.919212+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Clearfield adopts 2022 Stock Compensation Plan, amends option surrender provision

## Summary
- Plan reserves 600,000 shares plus any remaining or forfeited shares from prior 2007 plan.
- Amendment clarifies stock options may not be surrendered for cash without shareholder approval.
- Plan subject to shareholder approval at 2023 annual meeting; no further awards under 2007 plan.
- Annual limit on non-employee director awards set at $500,000 value.
- Plan includes standard terms for options, SARs, restricted stock, and performance awards.

## SEC filing metadata
- accession: 0001171843-23-000454
- form_type: 8-K
- ticker: CLFD
- cik: 0000796505
- company_name: Clearfield, Inc.
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796505/000117184323000454/0001171843-23-000454-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796505/000117184323000454/f8k_012423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-000454
- JSON: https://secwatch.observer/filing/0001171843-23-000454.json
- Plain text: https://secwatch.observer/filing/0001171843-23-000454.txt

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