---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-005058"
form_type: "8-K"
ticker: "CLFD"
cik: "0000796505"
company_name: "Clearfield, Inc."
filed_at: "2024-09-04T23:59:59+00:00"
generated_at: "2026-05-31T06:31:27.538663+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Clearfield adopts new Incentive Bonus Plan for executives and key employees effective Oct 1, 2024

## Summary
- Plan provides cash bonuses based on achievement of financial, operational, or strategic targets set by Compensation Committee.
- Covers executive officers and other designated employees selected by the Committee or delegated to CEO.
- Bonus amounts expressed as percentage of base salary; metrics include sales, earnings, cash flow, ROE, TSR, etc.
- Includes provisions for adjustments, recoupment, and treatment upon termination, retirement, disability, or death.
- Effective Oct 1, 2024; adopted by Compensation Committee on Aug 28, 2024.

## SEC filing metadata
- accession: 0001171843-24-005058
- form_type: 8-K
- ticker: CLFD
- cik: 0000796505
- company_name: Clearfield, Inc.
- filed_at: 2024-09-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796505/000117184324005058/0001171843-24-005058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796505/000117184324005058/f8k_090324.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-005058
- JSON: https://secwatch.observer/filing/0001171843-24-005058.json
- Plain text: https://secwatch.observer/filing/0001171843-24-005058.txt

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