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CLRO Form 3 Filed — Park Youngsun Identified as Director, No Securities Owned

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Park Youngsun filed an initial Form 3 reporting a relationship to ClearOne, Inc. (CLRO) as a director. The event date triggering the filing is 06/20/2025. The filing states that no securities are beneficially owned by the reporting person as of the filing, and the form is signed on 08/18/2025. This is an initial ownership disclosure indicating the reporting person's role with the issuer but declaring zero direct or indirect ownership of the company's registered equity securities.

Positive

  • Initial Section 16 disclosure filed identifying the reporting person as a director, which establishes regulatory transparency.

Negative

  • None.

Insights

TL;DR: Director appointment disclosed with no equity ownership; routine governance filing with limited investor impact.

The Form 3 shows that Park Youngsun is a director of ClearOne, Inc. and has filed the initial Section 16 beneficial ownership statement. Crucially, the filer declares no securities beneficially owned, meaning there is no immediate insider equity position reported.

From a governance perspective this is a standard disclosure used to establish reporting status under Section 16. It does not provide information on any future grants, option awards, or transactions; those would appear on subsequent Forms 4 or 5 if and when securities are acquired or transactions occur.

TL;DR: Compliance filing complete but contains no holdings; monitor for later Forms 4/5 for material transactions.

The document meets the procedural requirement for initial reporting by a director under the Exchange Act. It explicitly states no direct or indirect ownership of reportable securities at the time of filing. For investors and compliance officers, this is non-material on its own but establishes the reporting obligation for the individual going forward.

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Park Youngsun

(Last) (First) (Middle)
C/O CLEARONE, INC.
5225 WILEY POST WAY, SUITE 500

(Street)
SALT LAKE CITY UT 84116

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/20/2025
3. Issuer Name and Ticker or Trading Symbol
CLEARONE INC [ CLRO ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
No securities are beneficially owned.
/s/ Youngsun Park 08/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 3 filed by Park Youngsun for CLRO disclose?

The filing discloses that Park Youngsun is a director of ClearOne, Inc. (CLRO) and that the reporting person owns no securities beneficially as of the filing.

When is the event date reported on the Form 3 for CLRO?

The event date requiring the statement is listed as 06/20/2025.

Was the Form 3 for Park Youngsun signed and when?

Yes; the signature block shows the form was signed on 08/18/2025.

Does this Form 3 report any derivative or equity holdings for CLRO?

No; the filing explicitly states no securities are beneficially owned and lists no derivative holdings.

Does this Form 3 indicate a 10% ownership or officer status for Park Youngsun?

No; the form checks Director and does not indicate 10% owner or officer titles.
Clearone Inc

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United States
SALT LAKE CITY