Ronald G. Roth Amends Clearfield Stake (CLFD) on Dec 31, 2023

TL;DR

**Big shareholder Ronald G. Roth updated his Clearfield (CLFD) stake, watch for potential shifts.**

AI Summary

Ronald G. Roth, a significant shareholder in Clearfield, Inc. (NASDAQ: CLFD), filed an amended SC 13G/A on February 8, 2024, indicating a change in his beneficial ownership as of December 31, 2023. This filing, Amendment No. 15, updates his previous disclosures regarding his stake in the telecommunications equipment company. For investors, this matters because changes in large shareholder positions can signal shifts in confidence or strategy, potentially influencing stock perception and future performance.

Why It Matters

This filing updates the public on a major shareholder's position, which can influence investor sentiment and potentially signal future actions regarding Clearfield, Inc.'s stock.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a long-term shareholder, not indicating any immediate high-risk events.

Analyst Insight

Investors should monitor future SC 13G/A filings from Ronald G. Roth for any significant changes in his ownership percentage, as this could signal a shift in his long-term view of Clearfield, Inc. (CLFD).

Key Players & Entities

• Ronald G. Roth (person) — Reporting Person, significant shareholder of Clearfield, Inc.
• Clearfield, Inc. (company) — Subject Company, issuer of the common stock
• December 31, 2023 (date) — Date of Event Which Requires Filing of this statement
• February 8, 2024 (date) — Filing date of the SC 13G/A amendment
• Amendment No. 15 (number) — Indicates this is the fifteenth amendment to the original Schedule 13G filing by Ronald G. Roth.

Forward-Looking Statements

• Ronald G. Roth will continue to be a significant long-term shareholder in Clearfield, Inc. (Ronald G. Roth) — high confidence, target: December 31, 2024

FAQ

Key Financial Figures

• $0.01 — , Inc. (Name of Issuer) Common Stock $0.01 (Title of Class of Securities) 18482

Filing Documents

• sc13ga_020824.htm (SC 13G/A) — 33KB
• 0001171843-24-000685.txt ( ) — 34KB

(a) Name of Issuer

Item 1(a) Name of Issuer: Clearfield, Inc.

(b) Address of Issuer's Principal Executive Offices

Item 1(b) Address of Issuer's Principal Executive Offices: 7050 Winnetka Avenue N., Suite 100, Brooklyn Park, MN 55428

(a) Name of Person Filing

Item 2(a) Name of Person Filing: Ronald G. Roth

(b) Address of Principal Business Office or, if None, Residence

Item 2(b) Address of Principal Business Office or, if None, Residence: 7050 Winnetka Avenue N., Suite 100, Brooklyn Park, MN 55428

(c) Citizenship

Item 2(c) Citizenship: Florida, USA

(d) Title of Class of Securities

Item 2(d) Title of Class of Securities: Common Stock, $0.01 par value

(e) CUSIP Number

Item 2(e) CUSIP Number: 18482P103

If this statement is filed pursuant

Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: (a) ___Broker or dealer registered under Section 15 of the Exchange Act, (b) ___Bank as defined in Section 3(a)(6) of the Exchange Act, (c) ___Insurance company as defined in Section 3(a)(19) of the Exchange Act, (d) ___Investment Company registered under Section 8 of the Investment Company Act, (e) ___An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E), (f) ___An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F), (g) ___A parent holding Company, or control person in accordance with Rule 13d-1(b)(ii)(G), (h) ___A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act, (i) ___A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act, (j) ___Group, in accordance with Rule 13d-1(b)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box. X

Ownership

Item 4. Ownership . Provide the following information regarding the aggregate number and percentage of the class of securities of the issued identified in Item 1. (a) Amount Beneficially Owned: 1,432,517 which consists of 1,255,757 shares owned individually by the reporting person as of December 31, 2023, no options to purchase shares at December 31, 2023 or within 60 days and 176,760 shares owned by spouse. (b) Percent of Class: 9.6% based on 14,939,671 shares of the Issuer’s common stock outstanding on December 31, 2023 as reported in the Issuer’s Form 10-Q for the quarter ended December 31, 2023 and including all 1,432,517 shares that could be deemed to be beneficially owned by Mr. Roth. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 1,255,757 (ii) Shared power to vote or direct the vote: 176,760 (iii) Sole power to dispose or direct the disposition of: 1,255,757 (iv) Shared power to dispose or to direct the disposition of: 176,760

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class . Not applicable.

Ownership of More Than Five Percent on Behalf of Another Person

Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Not applicable.

Identification and Classification of the Subsidiary Which Acquired

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group . Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group . Not applicable.

Certification

Item 10. Certification . By signing below, I certify, that to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct. February 8, 2024 (Date) /s/ Ronald G. Roth (Signature) Ronald G. Roth (Name and Title)

View Full Filing

View this SC 13G/A filing on SEC EDGAR