Clear Secure (NYSE: YOU) CEO 10b5-1 sale of 28,603 shares under trading plan
Rhea-AI Filing Summary
Clear Secure, Inc. Chief Executive Officer Caryn Seidman Becker, through Alclear Investments, LLC, which she controls, reported selling a total of 28,603 shares of Class A Common Stock on July 15, 2026, in two transactions at weighted average prices of $53.55 and $54.01 per share. These sales were automatically effected under a Rule 10b5-1 trading plan adopted on March 12, 2026.
To settle these sales, on July 17, 2026, 28,603 nonvoting common units of Alclear and a corresponding number of shares of Class C Common Stock were exchanged one-for-one into 28,603 shares of Class A Common Stock under an Exchange Agreement. After these transactions, Alclear Investments, LLC held 151,787 Class A shares, 18,130,246 nonvoting common units and 18,130,246 shares of Class C Common Stock, while Ms. Seidman Becker also held 630,890 Class A shares directly.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 28,603 shares ($1,532,289)
Net Sell
6 txns
Insider
Seidman Becker Caryn
Role
Chief Executive Officer
Sold
28,603 shs ($1.53M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-voting common units of Alclear Holdings, LLC | 28,603 | -- | -- |
| Disposition | Class C Common Stock | 28,603 | -- | -- |
| Grant/Award | Class A Common Stock | 28,603 | -- | -- |
| Sale | Class A Common Stock | 27,303 | $53.55 | $1.46M |
| Sale | Class A Common Stock | 1,300 | $54.01 | $70K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-voting common units of Alclear Holdings, LLC — 18,130,246 shares (Indirect, See footnote);
Class C Common Stock — 18,130,246 shares (Indirect, See footnote);
Class A Common Stock — 151,787 shares (Indirect, See footnote);
Class A Common Stock — 630,890 shares (Direct)
Footnotes (1)
- These transactions were automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on March 12, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $53.00 to $53.98, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, and the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote and in footnote 5. Pursuant to the terms of the Exchange Agreement, dated June 29, 2021, by and among the Issuer, Alclear Holdings, LLC ("Alclear") and the equityholders of Alclear (the "Exchange Agreement"), nonvoting common units of Alclear ("Common Units"), together with a corresponding number of shares of Class C common stock of the Issuer ("Class C Common Stock"), were exchanged for shares of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis. The exchange rights under the Exchange Agreement do not expire. The resulting shares of Class A Common Stock were used to settle the sale transaction described above. Alclear Investments, LLC is controlled by Ms. Seidman Becker, its sole manager, who has dispositive control and voting control over the shares held by Alclear Investments, LLC. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $54.00 to $54.14, inclusive. Shares of Class C Common Stock have one vote per share but no economic rights (including rights to dividends and distributions upon liquidation) and are issued in an equal amount to the number of Common Units held.
Key Figures
Class A shares sold: 28,603 shares
Sale price for 27,303 shares: $53.55 per share
Sale price for 1,300 shares: $54.01 per share
+5 more
8 metrics
Class A shares sold
28,603 shares
Total Class A Common Stock sold indirectly via Alclear Investments, LLC on July 15, 2026 under a Rule 10b5-1 plan
Sale price for 27,303 shares
$53.55 per share
Weighted average price for 27,303 Class A shares sold on July 15, 2026
Sale price for 1,300 shares
$54.01 per share
Weighted average price for 1,300 Class A shares sold on July 15, 2026
Class A shares acquired in exchange
28,603 shares
Class A Common Stock received on July 17, 2026 by exchanging Alclear units and Class C Common Stock
Nonvoting Alclear units remaining
18,130,246 units
Nonvoting common units of Alclear Holdings, LLC held indirectly after July 17, 2026 transactions
Class C Common Stock remaining
18,130,246 shares
Class C Common Stock with one vote per share and no economic rights held indirectly after July 17, 2026
Direct Class A holdings
630,890 shares
Class A Common Stock held directly by Caryn Seidman Becker as of July 15, 2026
Indirect Class A holdings via Alclear
151,787 shares
Class A Common Stock held indirectly through Alclear Investments, LLC after July 17, 2026 exchange
Key Terms
Rule 10b5-1 trading plan, weighted average price, Exchange Agreement, nonvoting common units, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"These transactions were automatically effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Exchange Agreement regulatory
"Pursuant to the terms of the Exchange Agreement, dated June 29, 2021"
A written deal in which two parties agree to swap assets, securities or obligations under set terms—think of it as a formal swap or trade contract. For investors it matters because such agreements can change who owns what, alter a company’s capital structure, affect future cash flows or dilute existing shares, and therefore influence value and risk in a straightforward, contract-driven way.
nonvoting common units financial
"nonvoting common units of Alclear ("Common Units"), together with a corresponding number of shares"
Class C Common Stock financial
"shares of Class C common stock of the Issuer ("Class C Common Stock"), were exchanged"
A class C common stock is a type of company share that usually represents ownership but often carries limited or no voting power compared with other share classes. For investors, that matters because it can affect influence over company decisions and sometimes the stock’s price or dividend priority — think of it as owning a ticket to the same event but in a section with less say in how the event is run.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Clear Secure (YOU) CEO Caryn Seidman Becker sell in this insider transaction?
Caryn Seidman Becker, via Alclear Investments, LLC, sold a total of 28,603 Clear Secure Class A shares on July 15, 2026, in two trades of 27,303 and 1,300 shares at weighted average prices of $53.55 and $54.01 per share.
What exchange occurred between Alclear units, Class C, and Class A for Clear Secure (YOU)?
On July 17, 2026, 28,603 nonvoting common units of Alclear and a corresponding number of Class C Common Stock shares were exchanged on a one-for-one basis into 28,603 Class A shares under an Exchange Agreement, and those Class A shares were used to settle the earlier sale.