HERZOG DANIEL R (Chief Financial Officer) exercised options at CLEARFIELD, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 9/15/2025ACC: 0000796505-25-000018
Officer· Chief Financial Officer
Since Jun 2018
+31.35K
Net shares
Net buyer
$539.9K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
47.59K acquired · 16.24K disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
+11.79K
Price / share
$23.74
Trade value
$280.01K
% of position
19.3%
9/12/2025
60.98K→72.78K
Common Stock
Direct
Shares
−9.45K
Price / share
$33.25
Trade value
$314.31K
% of position
13.0%
9/12/2025
72.78K→63.33K
Common Stock
Direct
Shares
+12K
Price / share
$12.43
Trade value
$149.16K
% of position
18.9%
9/12/2025
63.33K→75.33K
Common Stock
Direct
Shares
−6.79K
Price / share
$33.25
Trade value
$225.60K
% of position
9.0%
9/12/2025
75.33K→68.54K
Total
Net shares
+7.56K
Net value
-$110.74K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/12/2025 | M · Option Exercise | +11.79K | $23.74 | $280.01K | 19.3% | 60.98K | 72.78K |
| Common Stock Direct | 9/12/2025 | F · Tax Withholding | −9.45K | $33.25 | $314.31K | 13.0% | 72.78K | 63.33K |
| Common Stock Direct | 9/12/2025 | M · Option Exercise | +12K | $12.43 | $149.16K | 18.9% | 63.33K | 75.33K |
| Common Stock Direct | 9/12/2025 | F · Tax Withholding | −6.79K | $33.25 | $225.60K | 9.0% | 75.33K | 68.54K |
| Total | +7.56K | -$110.74K | ||||||
Derivative Transactions2
Employee Stock Option (Right to buy)
Direct
Converts to
Common Stock
11.79K shares
Shares
+11.79K
Strike price
23.74
Held after
17.63K
Exercisable
—
9/12/2025
Employee Stock Option (Right to buy)
Direct
Converts to
Common Stock
12K shares
Shares
+12K
Strike price
12.43
Held after
5.84K
Exercisable
—
9/12/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to buy) Direct | Common Stock11.79K shares | 9/12/2025 | M · Option Exercise | +11.79K | 23.74 | — | 17.63K |
| Employee Stock Option (Right to buy) Direct | Common Stock12K shares | 9/12/2025 | M · Option Exercise | +12K | 12.43 | — | 5.84K |