Companies Clearfield, Inc.
Clearfield (CLFD): executive pay, fiscal 2025
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CEO vs. named peers19th pct.Of 21 peer CEOs
CEO pay, last three years
- $1,061,862FY2023
- $1,585,703FY2024
- $1,613,404FY2025
CEO total pay was $1,613,404 in fiscal 2025, up from $1,585,703 in fiscal 2024.
FY2025: salary $460,000 · bonus $0 · stock awards $999,986 · option awards $0
Executives and directors
Daniel Herzog · CFOCheryl Beranek · CEOJohn Hill · COOAdemir Sarcevic · Independent DirectorCarol A. Wirsbinski · Independent DirectorCatherine T. Kelly · Independent DirectorCharles N. Hayssen · Chair of the BoardDonald R. Hayward · Independent DirectorKathleen S. Skarvan · Independent DirectorRebecca B. Seidel · Independent DirectorRonald G. Roth · Chair of the BoardWalter L. Jones, Jr · Independent Director
Frequently asked questions
Who was the highest-paid executive at Clearfield, Inc. in fiscal 2025?
As disclosed, Cheryl Beranek (President and Chief Executive Officer) was the highest-paid executive at Clearfield, Inc. in fiscal 2025, with total compensation of $1,613,404.
How does Clearfield, Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Cheryl Beranek's total compensation ranked at the 19th percentile of Clearfield, Inc.'s disclosed peer group.
What is Clearfield, Inc.'s CEO-to-median employee pay ratio?
As disclosed, Clearfield, Inc.'s CEO-to-median employee pay ratio was 24:1.
How did shareholders vote on Clearfield, Inc.'s executive compensation?
As disclosed, 98.12% of shareholders supported Clearfield, Inc.'s executive compensation in the latest say-on-pay vote.
How much does Clearfield, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Clearfield, Inc. reported total board compensation of $836,984 for fiscal 2025.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Cheryl Beranek | $460,000 | $0 | $999,986 | $0 | $131,511 | $0 | $21,908 | $1,613,404 |
| President and Chief Executive Officer | ||||||||
| John Hill | 437,762 | 0 | 999,986 | 0 | 125,153 | 0 | 21,828 | 1,584,728 |
| Chief Operating Officer | ||||||||
| Daniel Herzog | 360,400 | 0 | 499,962 | 0 | 103,036 | 0 | 17,182 | 980,580 |
| Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Cheryl Beranek | $1,613,404 | $1,585,703 | $1,061,862 | ↑ +27,701 |
| John Hill | 1,584,728 | 1,585,489 | 1,061,764 | ↓ −761 |
| Daniel Herzog | 980,580 | 967,002 | 666,392 | ↑ +13,578 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Performance-based compensation should constitute a significant portion of the executive s overall compensation and be available to the executive when they individually deliver, and we as a company deliver, high performance.
| CEO STI target (% of salary) | 30% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Compensia |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | True |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Cheryl Beranek | RSU | 2024-11-16 | — | — | 16,181 | — | $499,993 |
| Daniel Herzog | PSU | 2024-11-16 | 4,045 | 8,090 | — | 12,135 | 249,981 |
| Cheryl Beranek | PSU | 2024-11-16 | 8,091 | 16,181 | — | 24,272 | 499,993 |
| John Hill | PSU | 2024-11-16 | 8,091 | 16,181 | — | 24,272 | 499,993 |
| John Hill | RSU | 2024-11-16 | — | — | 16,181 | — | 499,993 |
| Daniel Herzog | RSU | 2024-11-16 | — | — | 8,090 | — | 249,981 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Cheryl Beranek | $499,993 | $499,993 | $0 | 50.0% |
| Daniel Herzog | 249,981 | 249,981 | 0 | 50.0% |
| John Hill | 499,993 | 499,993 | 0 | 50.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Daniel Herzog | RSU | 1,667 | — | $57,300 |
| Cheryl Beranek | RSU | 3,333 | — | 114,600 |
| John Hill | RSU | 3,333 | — | 114,600 |
| Daniel Herzog | RSU | 6,366 | — | 218,863 |
| Daniel Herzog | RSU | 8,090 | — | 278,134 |
| Daniel Herzog | PSU | 8,090 | — | 278,134 |
| Cheryl Beranek | RSU | 12,732 | — | 437,726 |
| John Hill | RSU | 12,732 | — | 437,726 |
| Cheryl Beranek | RSU | 16,181 | — | 556,303 |
| Cheryl Beranek | PSU | 16,181 | — | 556,303 |
| John Hill | RSU | 16,181 | — | 556,303 |
| John Hill | PSU | 16,181 | — | 556,303 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Ronald G. RothIndependent · Board Chair · Compensation | $50,000 | $79,988 | $0 | $0 | $0 | $129,988 |
| Carol A. WirsbinskiIndependent · Compensation (Chair) · Nominating and Corporate Governance | 50,000 | 79,988 | 0 | 0 | 0 | 129,988 |
| Charles N. HayssenIndependent · Board Chair · Audit (Chair) · Nominating and Corporate Governance · Not standing for re-election | 50,000 | 79,988 | 0 | 0 | 0 | 129,988 |
| Donald R. HaywardIndependent · Audit · Nominating and Corporate Governance · Not standing for re-election | 50,000 | 79,988 | 0 | 0 | 0 | 129,988 |
| Walter L. Jones, JrIndependent · Compensation · Nominating and Corporate Governance (Chair) | 40,000 | 79,988 | 0 | 0 | 0 | 119,988 |
| Catherine T. KellyIndependent · Audit · Nominating and Corporate Governance · Newly elected | 8,548 | 89,974 | 0 | 0 | 0 | 98,522 |
| Ademir SarcevicIndependent · Audit · Compensation · Newly elected | 8,548 | 89,974 | 0 | 0 | 0 | 98,522 |
| Cheryl BeranekEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Rebecca B. SeidelIndependent · Audit · Compensation | 0 | 0 | 0 | 0 | 0 | 0 |
| Kathleen S. SkarvanIndependent · Audit · Nominating and Corporate Governance | 0 | 0 | 0 | 0 | 0 | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $80,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 10,000 / 10,000 / 10,000 |
| Stock ownership guideline | $250,000 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $257,096 |
| Equity awards (grant-date value) | $579,888 |
| All other compensation | $0 |
| Total cost of the board | $836,984 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Clearfield as a peer
Companies that benchmark against CLFD
5 companies name CLFD as a compensation peer
- Anterix Inc.ATEXFY2026
- AVIAT NETWORKS, INC.AVNWFY2026
- DIGI INTERNATIONAL INCDGIIFY2025
- KOPIN CORPKOPNFY2025
- LANTRONIX INCLTRXFY2026
- SHENANDOAH TELECOMMUNICATIONS CO/VA/SHENFY2025
Each company listed discloses CLFD in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CLFD in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
ATEN A10 Networks, Inc.AAOI Applied Optoelectronics, Inc.CTS CTS CorporationADTN ADTRAN Holdings, Inc.AVNW Aviat Networks, Inc.RFIL RF Industries Ltd.AMSC American Superconductor CorporationBELFA Bel Fuse Inc.BKTI BK Technologies CorporationDGII Digi International Inc.FEIM Frequency Electronics, Inc.GOGO Gogo Inc.HLIT Harmonic Inc.KVHI KVH Industries, Inc.LTRX Lantronix, Inc.NLST Netlist, Inc.LASR nLIGHT, Inc.PLPC Preformed Line Products CompanySHEN Shenandoah Telecommunications CompanyVICR Vicor CorporationVPG Vishay Precision Group, Inc.
Peer reciprocity
The companies Clearfield, Inc. names as compensation peers that name it back in their own disclosed peer groups.
Aviat Networks, Inc. (AVNW)69Digi International Inc. (DGII)70Lantronix, Inc. (LTRX)71Shenandoah Telecommunications Company (SHEN)72
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | nLIGHT, Inc. | 2025 | Scott Keeney | $476,808 | $36,086,000 | $0 | $756,217 | $37,333,189 |
| 2 | Gogo Inc. | 2025 | Christopher Moore | 850,000 | 4,999,997 | 0 | 1,033,855 | 9,043,298 |
| 3 | Adtran Holdings, Inc. | 2025 | Thomas Stanton | 1,022,685 | 3,763,041 | 0 | 2,884,000 | 7,683,726 |
| 4 | American Superconductor Corporation | 2025 | Daniel McGahn | 715,769 | 5,644,800 | 0 | 1,149,125 | 7,529,025 |
| 5 | A10 Networks, Inc. | 2025 | Dhrupad Trivedi | 697,917 | 5,211,973 | 0 | 1,056,800 | 6,974,141 |
| 6 | Harmonic Inc. | 2025 | Nimrod Ben-Natan | 609,000 | 4,927,562 | 0 | 570,000 | 6,163,092 |
| 7 | Digi International Inc. | 2025 | Ronald Konezny | 583,846 | 3,454,324 | 0 | 949,179 | 5,002,124 |
| 8 | Bel Fuse Inc. | 2025 | Farouq Tuweiq | 509,711 | 3,299,751 | 0 | 1,000,000 | 4,909,182 |
| 9 | Applied Optoelectronics, Inc. | 2025 | Chih-Hsiang (Thompson) Lin | 828,657 | 2,837,667 | 0 | 1,009,087 | 4,769,014 |
| 10 | CTS Corporation | 2025 | Kieran O'Sullivan | 856,320 | 2,900,049 | 0 | 975,780 | 4,758,899 |
| 11 | Aviat Networks, Inc. | 2026 | Peter Smith | 650,000 | 3,559,276 | 0 | 196,563 | 4,417,472 |
| 12 | BK Technologies Corporation | 2025 | John Suzuki | 392,442 | 0 | 2,799,998 | 221,487 | 3,431,787 |
| 13 | Preformed Line Products Company | 2025 | Dennis McKenna | 725,004 | 1,564,843 | 0 | 725,004 | 3,287,390 |
| 14 | Frequency Electronics, Inc. | 2026 | Thomas McClelland | 366,833 | 2,629,000 | 0 | 0 | 3,259,827 |
| 15 | Shenandoah Telecommunications Company | 2025 | Christopher French | 638,779 | 1,784,519 | 0 | 555,061 | 3,007,359 |
| 16 | Vishay Precision Group, Inc. | 2025 | Ziv Shoshani | 743,235 | 1,300,661 | 0 | 0 | 2,279,041 |
| 17 | Lantronix, Inc. | 2026 | Saleel Awsare | 500,000 | 1,208,488 | 0 | 400,000 | 2,115,193 |
| 18 | Clearfield, Inc. | 2025 | Cheryl Beranek | 460,000 | 999,986 | 0 | 131,511 | 1,613,404 |
| 19 | KVH Industries, Inc. | 2025 | Brent Bruun | 538,810 | 0 | 425,840 | 485,185 | 1,461,335 |
| 20 | RF Industries Ltd. | 2025 | Robert Dawson | 452,233 | 169,750 | 165,134 | 475,600 | 1,342,917 |
| 21 | Netlist, Inc. | 2025 | Chun Hong | 450,000 | 635,250 | 0 | 0 | 1,178,384 |
| 22 | Vicor Corporation | 2025 | Patrizio Vinciarelli | 479,257 | 0 | 160,242 | 0 | 702,202 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Clearfield, Inc. | 29% | RSU 50 · PSU 50 | No | Compensia |
| A10 Networks, Inc. | not disclosed | PSU 50 · RSU 50 | No | Radford-AON |
| Adtran Holdings, Inc. | 200% | not disclosed | No | Pay Governance LLC |
| American Superconductor Corporation | 159% | RSU 50 · PSU 50 | No | Compensia, Inc. |
| Applied Optoelectronics, Inc. | 104.8% | PSU 50 · RSU 50 | Yes — Relative TSR vs. 2025 Peer Group | Aon |
| Aviat Networks, Inc. | not disclosed | PSU 50 · RSU 50 | not disclosed | Compensia |
| Bel Fuse Inc. | not disclosed | not disclosed | not disclosed | Meridian |
| BK Technologies Corporation | not disclosed | not disclosed | not disclosed | Compensation Advisory Partners LLC |
| CTS Corporation | 112.8% | not disclosed | Yes — Relative Total Shareholder Return (RTSR) Modifier | Exequity, LLP |
| Digi International Inc. | 147% | RSU 50 · PSU 50 | Yes — TSR vs Russell 2000 Index | Radford Consulting (AON) |
| Frequency Electronics, Inc. | not disclosed | not disclosed | not disclosed | Grant Thornton |
| Gogo Inc. | 122% | RSU 100 | not disclosed | Compensation Strategies, Inc. |
| Harmonic Inc. | not disclosed | RSU 60 · MSU 20 · PSU 20 | Yes — TSR relative to Nasdaq Telecommunications Index | Exequity |
| KVH Industries, Inc. | not disclosed | Options 100 | not disclosed | Compensia |
| Lantronix, Inc. | 80% | PSU 50 · RSU 50 | Yes — Relative TSR | Compensation Strategies, Inc. |
| Netlist, Inc. | not disclosed | RSU 100 | not disclosed | not disclosed |
| nLIGHT, Inc. | 159% | RSU 50 · PSU 50 | No | Compensia |
| Preformed Line Products Company | 100% for Executive Chairman, CEO, CFO, and President; 85% for other NEOs% | PRSU 66.67 · RSU 33.33 | No | not disclosed |
| RF Industries Ltd. | not disclosed | not disclosed | not disclosed | Frederic W. Cook & Co., Inc. |
| Shenandoah Telecommunications Company | not disclosed | not disclosed | not disclosed | Frederic W. Cook & Co., Inc. |
| Vicor Corporation | not disclosed | Options 100 | not disclosed | not disclosed |
| Vishay Precision Group, Inc. | not disclosed | not disclosed | No | EY Parthenon |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-02-26 | 8,282,235 | 158,594 | 21,231 | 98.12% | Passed |
| 2025 | 2025-02-27 | 8,763,947 | 238,268 | 50,856 | 97.35% | Passed |
| 2024 | 2024-02-22 | 8,941,891 | 467,437 | 71,492 | 95.03% | Passed |
| 2023 | 2023-02-23 | 8,612,745 | 1,502,516 | 108,463 | 85.15% | Passed |
| 2022 | 2022-02-24 | 7,843,860 | 750,245 | 130,824 | 91.27% | Passed |
| 2021 | 2021-02-25 | 5,437,282 | 3,133,903 | 171,462 | 63.44% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-02-26 | 98.12%a |
| 2025 | 2025-02-27 | 97.35%b |
| 2024 | 2024-02-22 | 95.03%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 24 : 1 |
|---|---|
| CEO total compensation | $1,613,404 |
| Median employee compensation | $66,648 |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Donald R. Hayward | Director | 2026-02-19 | D | 3,595 | $32 | $115,040 | Common | Form 4 ↗ |
| Ronald G. Roth | Director | 2026-02-27 | A | 2,544 | 0 | 0 | Common | Form 4 ↗ |
| Kathleen S. Skarvan | Director | 2026-02-27 | A | 2,544 | 0 | 0 | Common | Form 4 ↗ |
| Walter L. Jones, Jr | Director | 2026-02-27 | A | 2,544 | 0 | 0 | Common | Form 4 ↗ |
| Carol A. Wirsbinski | Director | 2026-02-27 | A | 2,544 | 0 | 0 | Common | Form 4 ↗ |
| Rebecca B. Seidel | Director | 2026-02-27 | A | 2,544 | 0 | 0 | Common | Form 4 ↗ |
| Catherine T. Kelly | Director | 2026-02-27 | A | 2,544 | 0 | 0 | Common | Form 4 ↗ |
| Ademir Sarcevic | Director | 2026-02-27 | A | 2,544 | 0 | 0 | Common | Form 4 ↗ |
| Anis Khemakhem | Chief Commercial Officer | 2026-05-06 | D | 635 | 30 | 19,228 | Common | Form 4 ↗ |
| Cheryl Beranek | Director | 2026-05-08 | D | 5,000 | 40 | 201,350 | Common | Form 4 ↗ |
| Walter L. Jones, Jr | Director | 2026-05-11 | D | 2,391 | 46 | 110,106 | Common | Form 4 ↗ |
| Cheryl Beranek | Director | 2026-05-11 | D | 2,500 | 45 | 112,550 | Common | Form 4 ↗ |
| Cheryl Beranek | Director | 2026-05-27 | D | 2,500 | 50 | 125,000 | Common | Form 4 ↗ |
| Cheryl Beranek | Director | 2026-06-01 | D | 7,500 | 47 | 351,900 | Common | Form 4 ↗ |
| Anis Khemakhem | Chief Commercial Officer | 2026-06-09 | D | 1,684 | 40 | 67,192 | Common | Form 4 ↗ |
| Daniel Herzog | Chief Financial Officer | 2026-06-30 | A | 752 | 25 | 18,635 | Common | Form 4 ↗ |
| Cheryl Beranek | Director | 2026-06-30 | A | 210 | 25 | 5,204 | Common | Form 4 ↗ |
| John Hill | Chief Operating Officer | 2026-06-30 | A | 459 | 25 | 11,374 | Common | Form 4 ↗ |
| Anis Khemakhem | Chief Commercial Officer | 2026-06-30 | A | 158 | 25 | 3,915 | Common | Form 4 ↗ |
| Cheryl Beranek | Director | 2026-07-01 | D | 1,778 | 40 | 71,227 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (72 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Cheryl Beranek. DEF 14A, filed 2026-01-15. Section “Summary Compensation Table” · page 34. As printed: 1,613,404. View filing ↗
- Section 01, John Hill. DEF 14A, filed 2026-01-15. Section “Summary Compensation Table” · page 34. As printed: 1,584,728. View filing ↗
- Section 01, Daniel Herzog. DEF 14A, filed 2026-01-15. Section “Summary Compensation Table” · page 34. As printed: 980,580. View filing ↗
- Section 03, Cheryl Beranek RSU. DEF 14A, filed 2026-01-15. Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Daniel Herzog PSU. DEF 14A, filed 2026-01-15. Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Cheryl Beranek PSU. DEF 14A, filed 2026-01-15. Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 03, John Hill PSU. DEF 14A, filed 2026-01-15. Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 03, John Hill RSU. DEF 14A, filed 2026-01-15. Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Daniel Herzog RSU. DEF 14A, filed 2026-01-15. Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-01-15. Section “CEO Pay Ratio”. As printed: 24 : 1. View filing ↗
- Section 08, Ronald G. Roth. DEF 14A, filed 2026-01-15. Section “Director Compensation”. As printed: 129,988. View filing ↗
- Section 08, Carol A. Wirsbinski. DEF 14A, filed 2026-01-15. Section “Director Compensation”. As printed: 129,988. View filing ↗
- Section 08, Charles N. Hayssen. DEF 14A, filed 2026-01-15. Section “Director Compensation”. As printed: 129,988. View filing ↗
- Section 08, Donald R. Hayward. DEF 14A, filed 2026-01-15. Section “Director Compensation”. As printed: 129,988. View filing ↗
- Section 08, Walter L. Jones, Jr. DEF 14A, filed 2026-01-15. Section “Director Compensation”. As printed: 119,988. View filing ↗
- Section 08, Catherine T. Kelly. DEF 14A, filed 2026-01-15. Section “Director Compensation”. As printed: 98,522. View filing ↗
- Section 08, Ademir Sarcevic. DEF 14A, filed 2026-01-15. Section “Director Compensation”. As printed: 98,522. View filing ↗
- Section 08, Cheryl Beranek. DEF 14A, filed 2026-01-15. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Rebecca B. Seidel. DEF 14A, filed 2026-01-15. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Kathleen S. Skarvan. DEF 14A, filed 2026-01-15. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 02, Donald R. Hayward 2026-02-19. Form 4, filed 2026-02-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Ronald G. Roth 2026-02-27. Form 4, filed 2026-03-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kathleen S. Skarvan 2026-02-27. Form 4, filed 2026-03-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Walter L. Jones, Jr 2026-02-27. Form 4, filed 2026-03-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Carol A. Wirsbinski 2026-02-27. Form 4, filed 2026-03-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Rebecca B. Seidel 2026-02-27. Form 4, filed 2026-03-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Catherine T. Kelly 2026-02-27. Form 4, filed 2026-03-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Ademir Sarcevic 2026-02-27. Form 4, filed 2026-03-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Anis Khemakhem 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Cheryl Beranek 2026-05-08. Form 4, filed 2026-05-12. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Walter L. Jones, Jr 2026-05-11. Form 4, filed 2026-05-12. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Cheryl Beranek 2026-05-11. Form 4, filed 2026-05-12. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Cheryl Beranek 2026-05-27. Form 4, filed 2026-05-28. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Cheryl Beranek 2026-06-01. Form 4, filed 2026-06-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Anis Khemakhem 2026-06-09. Form 4, filed 2026-06-11. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Daniel Herzog 2026-06-30. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Cheryl Beranek 2026-06-30. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John Hill 2026-06-30. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Anis Khemakhem 2026-06-30. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Cheryl Beranek 2026-07-01. Form 4, filed 2026-07-06. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-02-27. Item 5.07 · say-on-pay result. As reported: 98.12% (votes for as printed: 8,282,235). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-03-03. Item 5.07 · say-on-pay result. As reported: 97.35% (votes for as printed: 8,763,947). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-02-26. Item 5.07 · say-on-pay result. As reported: 95.03% (votes for as printed: 8,941,891). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 257,096 + equity 579,888 + all other 0 = 836,984, summed across the director compensation table rows.
- nLIGHT, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in nLIGHT, Inc.'s own proxy. As printed: 37,333,189. View filing ↗
- Gogo Inc., Section 10b CEO total. DEF 14A, filed 2026-04-16. CEO total compensation as printed in Gogo Inc.'s own proxy. As printed: 9,043,298. View filing ↗
- Adtran Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Adtran Holdings, Inc.'s own proxy. As printed: 7,683,726. View filing ↗
- American Superconductor Corporation, Section 10b CEO total. DEF 14A, filed 2026-06-18. CEO total compensation as printed in American Superconductor Corporation's own proxy. As printed: 7,529,025. View filing ↗
- A10 Networks, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-10. CEO total compensation as printed in A10 Networks, Inc.'s own proxy. As printed: 6,974,141. View filing ↗
- Harmonic Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Harmonic Inc.'s own proxy. As printed: 6,163,092. View filing ↗
- Digi International Inc., Section 10b CEO total. DEF 14A, filed 2025-12-17. CEO total compensation as printed in Digi International Inc.'s own proxy. As printed: 5,002,124. View filing ↗
- Bel Fuse Inc., Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Bel Fuse Inc.'s own proxy. As printed: 4,909,182. View filing ↗
- Applied Optoelectronics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Applied Optoelectronics, Inc.'s own proxy. As printed: 4,769,014. View filing ↗
- CTS Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in CTS Corporation's own proxy. As printed: 4,758,899. View filing ↗
- Aviat Networks, Inc., Section 10b CEO total. DEF 14A, filed 2026-10-02. CEO total compensation as printed in Aviat Networks, Inc.'s own proxy. As printed: 4,417,472. View filing ↗
- BK Technologies Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in BK Technologies Corporation's own proxy. As printed: 3,431,787. View filing ↗
- Preformed Line Products Company, Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Preformed Line Products Company's own proxy. As printed: 3,287,390. View filing ↗
- Frequency Electronics, Inc., Section 10b CEO total. DEF 14A, filed 2026-08-28. CEO total compensation as printed in Frequency Electronics, Inc.'s own proxy. As printed: 3,259,827. View filing ↗
- Shenandoah Telecommunications Company, Section 10b CEO total. DEF 14A, filed 2026-03-09. CEO total compensation as printed in Shenandoah Telecommunications Company's own proxy. As printed: 3,007,359. View filing ↗
- Vishay Precision Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in Vishay Precision Group, Inc.'s own proxy. As printed: 2,279,041. View filing ↗
- Lantronix, Inc., Section 10b CEO total. DEF 14A, filed 2026-09-22. CEO total compensation as printed in Lantronix, Inc.'s own proxy. As printed: 2,115,193. View filing ↗
- Clearfield, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-01-15. CEO total compensation as printed in Clearfield, Inc.'s own proxy. As printed: 1,613,404. View filing ↗
- KVH Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in KVH Industries, Inc.'s own proxy. As printed: 1,461,335. View filing ↗
- RF Industries Ltd., Section 10b CEO total. DEF 14A, filed 2026-07-28. CEO total compensation as printed in RF Industries Ltd.'s own proxy. As printed: 1,342,917. View filing ↗
- Netlist, Inc., Section 10b CEO total. DEF 14A, filed 2026-07-31. CEO total compensation as printed in Netlist, Inc.'s own proxy. As printed: 1,178,384. View filing ↗
- Vicor Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Vicor Corporation's own proxy. As printed: 702,202. View filing ↗
- Section 10a, Aviat Networks, Inc. reciprocity. DEF 14A. Aviat Networks, Inc. names Clearfield, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Digi International Inc. reciprocity. DEF 14A. Digi International Inc. names Clearfield, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Lantronix, Inc. reciprocity. DEF 14A. Lantronix, Inc. names Clearfield, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Shenandoah Telecommunications Company reciprocity. DEF 14A. Shenandoah Telecommunications Company names Clearfield, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗