Clearfield Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
On February 27, 2025, the Company held its 2025 Annual Meeting of Shareholders (the “Annual Meeting”). Of the 14,126,604 shares of the Company’s common stock outstanding and entitled to vote, 10,489,751 shares, or 74.25%, were present at the Annual Meeting.
Set forth below are the final voting results on each matter submitted to a vote of security holders at the Annual Meeting. Each proposal is described in detail in the Company’s Proxy Statement for the 2025 Annual Meeting, filed with the Securities and Exchange Commission on January 16, 2025.
Proposal 1
To elect eight (8) directors of the Company to serve until the next Annual Meeting of Shareholders or until their respective successors have been elected and qualified.
| Nominee | For | Against | Abstain | Broker Non-Vote |
| Cheryl Beranek | 8,929,600 | 119,825 | 3,646 | 1,436,680 |
| Charles N. Hayssen | 8,827,841 | 194,882 | 30,348 | 1,436,680 |
| Donald R. Hayward | 8,788,603 | 258,895 | 5,573 | 1,436,680 |
| Walter L. Jones, Jr. | 8,896,217 | 151,280 | 5,574 | 1,436,680 |
| Catherine T. Kelly | 8,909,985 | 106,920 | 36,166 | 1,436,680 |
| Ronald G. Roth | 8,693,328 | 327,635 | 32,108 | 1,436,680 |
| Ademir Sarcevic | 9,013,534 | 33,718 | 5,819 | 1,436,680 |
| Carol A. Wirsbinski | 8,883,302 | 158,670 | 11,099 | 1,436,680 |
Proposal 2
To approve, on a non-binding advisory basis, the compensation paid to our named executive officers.
| For | Against | Abstain | Broker Non-Vote |
| 8,763,947 | 238,268 | 50,856 | 1,436,680 |
Proposal 3
To ratify and confirm the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the Company for the fiscal year ending September 30, 2025.
| For | Against | Abstain |
| 10,456,105 | 22,577 | 11,069 |
As a result, all nominees identified in Proposal 1 were elected as directors. With respect to Proposal 2, the shareholders approved, on an advisory basis, the compensation paid to our named executive officers. With respect to Proposal 3, the shareholders ratified and confirmed the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the Company for the fiscal year ending September 30, 2025.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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CLEARFIELD, INC. | ||
| Dated: March 3, 2025 | By: | /s/ Daniel Herzog |
| Daniel Herzog, Chief Financial Officer |