[144] Clear Secure, Inc. SEC Filing

Rhea-AI Filing Summary

Clear Secure, Inc. insider filings show a planned sale of 6,000 Class A shares through Fidelity Brokerage Services (sale date 08/21/2025) with an aggregate market value of $210,000. The shares were acquired by restricted stock vesting on 06/30/2021 and were received as compensation. The filing lists 95,330,547 shares outstanding in the class. The same filer, identified in prior-sales rows as Adam Wiener, reported sales of 3,000 Class A shares on 07/01/2025 for $83,250 and 5,000 Class A shares on 07/17/2025 for $150,000, totaling 8,000 shares and $233,250 in gross proceeds over the past three months.

Positive

• Full Rule 144 disclosure provided with dates, amounts, acquisition details, and broker information
• Securities were acquired via restricted stock vesting, indicating the shares originated from compensation rather than an open-market purchase

Negative

• Insider sold 8,000 shares in July for total gross proceeds of $233,250, and plans an additional sale of 6,000 shares (planned value $210,000)
• Sales occurred within a short period, which may be observed by investors even though the amounts are small relative to outstanding shares

Insights

Securities Analyst

TL;DR: Routine insider sale of vested shares; aggregate amounts are small relative to outstanding shares and show liquidity, not necessarily a change in company fundamentals.

The filing documents a planned Rule 144 sale of 6,000 Class A shares valued at $210,000, acquired by restricted stock vesting on 06/30/2021 and received as compensation. Recent dispositions of 8,000 shares for $233,250 in July increase total insider-sold shares in the quarter but remain immaterial versus 95,330,547 outstanding shares, suggesting limited market impact. This is a standard disclosure under Rule 144 and consistent with insiders monetizing vested compensation rather than signaling operational changes. All conclusions are strictly limited to the facts presented in the filing.

Corporate Governance Expert

TL;DR: Disclosure meets Rule 144 requirements; sequence of sales should be monitored but contains no stated material adverse information.

The notice indicates the seller represents they do not possess undisclosed material adverse information and documents acquisition via restricted stock vesting. The filings provide dates, amounts, and broker details (Fidelity Brokerage Services). While multiple sales occurred within a short period (8,000 shares in July plus a planned 6,000-share sale), the filing itself is a routine compliance disclosure and does not include any commentary on company performance or governance changes. Assessment is confined to the explicit filing content.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	6000	210000.00	95330547	08/21/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	06/30/2021	Restricted Stock Vesting	Issuer			6000	06/30/2021	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Adam Wiener 85 10th Avenue 9th Floor New York NY 10011	Class A	07/01/2025	3000	83250.00
Adam Wiener 85 10th Avenue 9th Floor New York NY 10011	Class A	07/17/2025	5000	150000.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for Clear Secure (YOU) disclose?

The form discloses a planned sale of 6,000 Class A shares via Fidelity on 08/21/2025 valued at $210,000, plus prior July sales totaling 8,000 shares for $233,250.

Who acquired the shares being sold and when were they acquired?

The 6,000 shares were acquired on 06/30/2021 by restricted stock vesting and were received as compensation.

How many Class A shares are outstanding according to the filing?

The filing lists 95,330,547 Class A shares outstanding.

What broker is handling the proposed sale?

The proposed sale is to be executed through Fidelity Brokerage Services LLC (address shown in filing).

How much did the insider raise from recent sales?

Sales on 07/01/2025 and 07/17/2025 generated gross proceeds of $83,250 and $150,000, respectively, totaling $233,250.