Clear Secure (NYSE: YOU) appoints Affirm CFO Rob O'Hare to board
Rhea-AI Filing Summary
Clear Secure, Inc. appointed Rob O’Hare to its board of directors and Audit Committee effective July 30, 2026, increasing the board to ten directors. He will serve until the 2027 annual meeting of stockholders, or until a successor is duly elected and qualified.
O’Hare is Chief Financial Officer of Affirm Holdings, Inc., with prior CFO and finance leadership roles at several technology and consumer companies. As compensation, he received RSUs valued at $480,000, based on the 20-trading-day average closing price, vesting in three equal annual installments, plus a $40,000 annual cash retainer. The company discloses no related-party arrangements or transactions involving him, and director Tomago Collins is rotating off the Audit Committee.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
RSU grant value: $480,000
RSU vesting schedule: 3 equal annual installments
Annual cash retainer: $40,000
+3 more
6 metrics
RSU grant value
$480,000
Initial equity grant for Rob O'Hare's board service
RSU vesting schedule
3 equal annual installments
Vests on each of the first three anniversaries of grant date
Annual cash retainer
$40,000
Cash compensation for Rob O'Hare's service as director
Board size after appointment
10 directors
Board increased in connection with Rob O'Hare's appointment
Director term endpoint
2027 annual meeting
O'Hare to serve until the 2027 annual meeting of stockholders
Grant pricing period
20 trading days
Average closing price period used to determine RSU grant size
Key Terms
restricted stock units, Audit Committee, Nominating and Corporate Governance Committee, indemnification agreement, +1 more
5 terms
restricted stock units financial
"received a grant of restricted stock units ("RSUs") determined by dividing $480,000"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Audit Committee financial
"appointed Rob O’Hare as a director of the Board and a member of the Audit Committee"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
Nominating and Corporate Governance Committee financial
"upon the recommendation of the Nominating and Corporate Governance Committee of the Board"
A nominating and corporate governance committee is a group within a company's board of directors responsible for selecting and recommending individuals to serve as company leaders, such as directors or executives. They also develop and oversee policies to ensure the company is run fairly, ethically, and transparently. This committee matters to investors because it helps ensure the company is well-managed and guided by qualified, responsible leadership.
indemnification agreement regulatory
"Mr. O’Hare entered into the Company’s standard indemnification agreement"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
2021 Omnibus Incentive Plan financial
"Such equity compensation is made pursuant to the Clear Secure, Inc. 2021 Omnibus Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What board change did Clear Secure (YOU) announce on July 30, 2026?
Clear Secure appointed Rob O’Hare to its board of directors and Audit Committee, effective July 30, 2026. His appointment increased the board size to ten directors, and he will serve until the company’s 2027 annual meeting of stockholders, or until a successor is elected.
What is Rob O’Hare’s professional background relevant to Clear Secure (YOU)?
Rob O’Hare is the Chief Financial Officer of Affirm Holdings, Inc., a financial technology company and point-of-sale lender. He previously held CFO and senior finance roles at Tile, Spark Networks, and other technology-focused firms, and holds a business degree from Georgetown University.
How is new director Rob O’Hare compensated by Clear Secure (YOU)?
Rob O’Hare received RSUs valued at $480,000, calculated using the 20-trading-day average closing price, vesting in three equal annual installments. He is also entitled to a $40,000 annual cash retainer for his board service, under the company’s 2021 Omnibus Incentive Plan.
What is the term of Rob O’Hare’s board service at Clear Secure (YOU)?
Rob O’Hare was appointed to serve as a director until the 2027 annual meeting of stockholders, or until his successor is duly elected and qualified. This aligns his initial term with the company’s normal annual meeting cycle for director elections.
What committee changes accompanied Rob O’Hare’s appointment at Clear Secure (YOU)?
Rob O’Hare was appointed as a member of the Audit Committee when he joined the board. At the same time, director Tomago Collins rotated off the Audit Committee, reflecting a reconfiguration of committee membership rather than a change in overall board size.