secwatch.observer — SEC 8-K summary
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Issuer:     Clearfield, Inc. (CLFD)
CIK:        0000796505
Form:       8-K
Filed at:   2024-09-04T23:59:59+00:00
Accession:  0001171843-24-005058
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/796505/000117184324005058/0001171843-24-005058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/796505/000117184324005058/f8k_090324.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-005058

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