Clear Secure (NYSE: YOU) awards 4,194 deferred DSUs to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Levine Marne L. reported acquisition or exercise transactions in this Form 4 filing.
Clear Secure, Inc. director Marne L. Levine received a grant of 4,194 Deferred Restricted Stock Units (DSUs), each representing a contingent right to one share of Class A Common Stock. This is a stock-based compensation award, not an open-market purchase or sale.
The DSUs will vest on the earlier of June 10, 2027 or the company’s next annual meeting of stockholders, generally conditioned on Levine’s continued board service. The units will not be settled into Class A shares until after Levine departs from the board of directors, deferring share delivery into the future.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Levine Marne L.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,194 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,194 shares (Direct, null)
Footnotes (1)
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Key Figures
DSUs granted: 4,194 units
Underlying shares: 4,194 shares
Vesting date trigger: June 10, 2027
+1 more
4 metrics
DSUs granted
4,194 units
Deferred Restricted Stock Units awarded to director Marne L. Levine
Underlying shares
4,194 shares
Each DSU represents one share of Class A Common Stock
Vesting date trigger
June 10, 2027
Vests earlier of this date or next annual stockholder meeting
Post-transaction DSUs
4,194 units
Total Deferred Restricted Stock Units following this grant
Key Terms
Deferred Restricted Stock Units, DSUs, vest, Class A Common Stock, +1 more
5 terms
Deferred Restricted Stock Units financial
"Represents Deferred Restricted Stock Units ("DSUs"), each of which represents a contingent right"
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
DSUs financial
"The DSUs will vest upon the earlier of (i) June 10, 2027 or (ii)"
DSUs, or Deferred Share Units, are a form of long-term pay where employees or directors receive a promise of company shares or cash at a later date instead of immediate salary. Think of them as an IOU for future stock that vests over time and converts into actual shares or cash, so they matter to investors because they can increase the number of outstanding shares (dilution) and reveal how management’s pay is tied to company performance.
vest financial
"The DSUs will vest upon the earlier of (i) June 10, 2027 or (ii) the Issuer's next annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Class A Common Stock financial
"receive a share of Class A Common Stock of the Issuer on a future date"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
board of directors financial
"settled into shares of Class A Common Stock until after the reporting person's departure from the board of directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transaction did Clear Secure (YOU) report for Marne L. Levine?
Clear Secure reported that director Marne L. Levine received 4,194 Deferred Restricted Stock Units as a stock-based award. Each DSU represents a contingent right to one share of Class A Common Stock, granted as compensation rather than an open-market share purchase.
How many Deferred Restricted Stock Units did Clear Secure (YOU) grant to Marne L. Levine?
Clear Secure granted Marne L. Levine 4,194 Deferred Restricted Stock Units. These DSUs each correspond to a future share of Class A Common Stock, subject to vesting conditions tied to board service and settlement only after her departure from the board of directors.
When do Marne L. Levine’s DSUs at Clear Secure (YOU) vest?
The DSUs granted to Marne L. Levine vest at the earlier of June 10, 2027 or Clear Secure’s next annual meeting of stockholders. Vesting is generally conditioned on her continued service on the board, aligning the award with her ongoing director role at the company.
Does the Form 4 for Clear Secure (YOU) show a stock purchase or sale by Marne L. Levine?
The Form 4 shows a grant of 4,194 Deferred Restricted Stock Units to Marne L. Levine, not a market purchase or sale. The transaction is coded as an award, providing a contingent right to future Class A shares subject to vesting and deferred settlement conditions.
What type of security was granted to Marne L. Levine by Clear Secure (YOU)?
Marne L. Levine received Deferred Restricted Stock Units, a form of restricted stock unit that settles later into Class A Common Stock. Each DSU represents one future share, with vesting based on time and continued service and settlement after she leaves the board of directors.