STOCK TITAN

Clear Secure (NYSE: YOU) awards 4,194 deferred DSUs to director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Levine Marne L.

(Last)(First)(Middle)
85 10TH AVE., 9TH FLOOR

(Street)
NEW YORK NEW YORK 10011

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Clear Secure, Inc. [ YOU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/10/2026A4,194 (1) (1)Class A Common Stock4,194$04,194D
Explanation of Responses:
1. Represents Deferred Restricted Stock Units ("DSUs"), each of which represents a contingent right to receive a share of Class A Common Stock of the Issuer on a future date. The DSUs will vest upon the earlier of (i) June 10, 2027 or (ii) the Issuer's next annual meeting of stockholders, generally subject to the reporting person's continued service; the DSUs generally will not be settled into shares of Class A Common Stock until after the reporting person's departure from the board of directors.
Remarks:
/s/ Emma Barnett Bauman, Attorney-in-Fact06/11/2026
** Signature of Reporting PersonDate
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 4 (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.
* Form 4: SEC 1474 (03-26)

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.

When will Marne L. Levine receive Clear Secure (YOU) Class A shares from these DSUs?

The DSUs will generally not be settled into Class A Common Stock until after Marne L. Levine leaves Clear Secure’s board. This means share delivery is deferred, so she accrues the contingent right now but receives the underlying shares only upon board departure.

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.