---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-007107"
form_type: "8-K"
ticker: "CLFD"
cik: "0000796505"
company_name: "Clearfield, Inc."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T04:21:09.371044+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Clearfield adopts FY 2024 bonus plan for CEO, COO, CFO with net sales and gross profit targets

## Summary
- CEO and COO target bonus at 60% of base salary, max 200%; CFO target 60%, max 100%.
- FY 2024 bonus based 75% on net sales and 25% on gross profit, consolidated GAAP.
- If target not met for a metric, no payout for that metric; proportional increase up to max.
- Bonus subject to clawback under Company's Compensation Recoupment Policy.

## SEC filing metadata
- accession: 0001171843-23-007107
- form_type: 8-K
- ticker: CLFD
- cik: 0000796505
- company_name: Clearfield, Inc.
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796505/000117184323007107/0001171843-23-007107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796505/000117184323007107/f8k_111423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-007107
- JSON: https://secwatch.observer/filing/0001171843-23-007107.json
- Plain text: https://secwatch.observer/filing/0001171843-23-007107.txt

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