Clear Secure (NYSE: YOU) director gets 6,741 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clear Secure, Inc. director Kathryn A. Hollister acquired 6,741 shares of Class A Common Stock through the vesting and settlement of restricted stock units. Following this RSU vesting, she directly holds 44,773 Class A shares. The RSUs represented a contingent right to receive shares based on continued service, and this event reflects their conversion rather than any open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,741 shares exercised/converted
Mixed
2 txns
Insider
Hollister Kathryn A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,741 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,741 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Class A Common Stock — 44,773 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs vested and converted: 6,741 shares
Shares held after transaction: 44,773 shares
RSU balance after transaction: 0 units
+1 more
4 metrics
RSUs vested and converted
6,741 shares
Restricted stock units converting into Class A Common Stock
Shares held after transaction
44,773 shares
Class A Common Stock directly held by Kathryn A. Hollister after vesting
RSU balance after transaction
0 units
Reported block of restricted stock units following conversion
Exercise/Conversion price
$0.00 per unit
RSUs converted into Class A Common Stock at no cash exercise price
Key Terms
Restricted Stock Units, Class A Common Stock, vesting, derivative exercise/conversion
4 terms
Restricted Stock Units financial
"This transaction reflects the issuance of shares following the vesting of restricted stock units ("RSUs")."
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.
Class A Common Stock financial
"Each RSU represents a contingent right to receive a share of Class A Common Stock, generally subject to the reporting person's continued service."
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.
vesting financial
"This transaction reflects the issuance of shares following the vesting of restricted stock units ("RSUs")."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion for the RSU settlement into Class A Common Stock."