Clear Secure (YOU) insider sales: 8,000 shares proposed; 14,000 sold recently
Rhea-AI Filing Summary
Clear Secure, Inc. insider sale notice: This Form 144 shows proposed and recent sales of Class A common stock by Adam J. Wiener. The filing reports a proposed sale of 8,000 shares with an aggregate market value of $264,160, based on 95,330,547 shares outstanding, with an approximate sale date of 10/01/2025 on the NYSE. The 8,000 shares were acquired on 06/30/2021 through restricted stock vesting as compensation. The filing also discloses three sales in the past three months totaling 14,000 shares for gross proceeds of $443,250. The signer represents no undisclosed material information exists.
Positive
- Transparent disclosure of acquisition date and nature (restricted stock vesting) supports Rule 144 compliance
- Recent sales history provided, showing prior transactions and gross proceeds for investor visibility
Negative
- Insider sales totaling 22,000 shares (14,000 already sold plus 8,000 proposed) may be viewed negatively by some investors despite small size relative to outstanding shares
Insights
TL;DR: Insider disclosed routine sales and a planned sale totaling 22,000 Class A shares; transaction sizes are small relative to outstanding shares.
The filing documents an insider-originated sale program under Rule 144 rather than an undisclosed transfer. The proposed 8,000-share sale plus 14,000 shares sold in the prior three months equals 22,000 shares. Relative to 95.33 million shares outstanding, this represents a de minimis dilution and is unlikely to materially affect market capitalization. Disclosure of acquisition date and nature (restricted stock vesting, compensation) clarifies the source of the shares and supports compliance with Rule 144 holding requirements.
TL;DR: The filing appears procedurally complete: acquisition details and recent sales are disclosed and the signer affirms no material nonpublic information.
The document includes required elements: identity of seller, acquisition date, nature of acquisition, and recent sales history. The representation regarding absence of material nonpublic information and the mention of Rule 10b5-1 plan fields (left blank) are notable governance items. No departures from standard insider disclosure practice are evident from the provided text.