secwatch.observer — SEC 8-K summary
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Issuer:     Clearfield, Inc. (CLFD)
CIK:        0000796505
Form:       8-K
Filed at:   2023-10-04T23:59:59+00:00
Accession:  0001171843-23-006057
Event type: regulatory
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearfield amends Compensation Recoupment Policy to comply with SEC/Nasdaq clawback rules
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- Mandatory recoupment of erroneously awarded incentive-based compensation from executive officers upon an accounting restatement.
- Discretionary recoupment from senior officers for errors in performance calculation or detrimental conduct.
- Applies to all incentive-based compensation received on or after October 1, 2021.
- Policy administered by Board or Compensation Committee; no indemnification for clawed-back amounts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/796505/000117184323006057/0001171843-23-006057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/796505/000117184323006057/f8k_100423.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-006057

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer