Clear Secure director gets 6,741 shares from RSUs
Clear Secure, Inc. director Peter Scher increased his holdings through equity compensation.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Clear Secure, Inc. director Peter Scher increased his holdings through equity compensation. On June 5, 2026, 6,741 Restricted Stock Units (RSUs) vested and were converted into 6,741 shares of Class A Common Stock at a stated price of $0.00 per share. According to the footnote, each RSU represented a contingent right to receive one share, generally tied to his continued service. After this issuance, Scher directly owns 12,377 shares of Class A Common Stock.
Insider Trade Summary
6,741 shares exercised/converted
Exercise
2 txns
Insider
Scher Peter
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,741 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 6,741 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Class A Common Stock — 12,377 shares (Direct)
Holdings Before and After:
Restricted Stock Units, 6,741 to 0 contracts (Direct);
Class A Common Stock, 5,636 to 12,377 shares (Direct)
Footnotes (1)
- F1. This transaction reflects the issuance of shares following the vesting of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive a share of Class A Common Stock, generally subject to the reporting person's continued service.
Key Figures
RSUs vested: 6,741 units
Shares issued from RSUs: 6,741 shares
Post-transaction holdings: 12,377 shares
+1 more
4 metrics
RSUs vested
6,741 units
Restricted Stock Units converted on June 5, 2026
Shares issued from RSUs
6,741 shares
Class A Common Stock received from RSU conversion
Post-transaction holdings
12,377 shares
Class A Common Stock directly owned after June 5, 2026
RSU conversion price
$0.00 per share
Stated conversion price for RSUs into Class A shares
Key Terms
Restricted Stock Units, Class A Common Stock, derivative security, exercise or 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."
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise or conversion financial
"transaction_action: derivative exercise/conversion"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Clear Secure (YOU) director Peter Scher report in this Form 4?
Director Peter Scher reported the vesting of 6,741 Restricted Stock Units that converted into 6,741 shares of Clear Secure Class A Common Stock. This reflects an equity compensation event rather than an open-market stock purchase or sale.
Was this Clear Secure (YOU) Form 4 an open-market purchase or sale?
No, the Form 4 shows an exercise of derivative securities, not an open-market trade. 6,741 RSUs vested and were issued as 6,741 shares of Class A Common Stock, recorded at a stated price of $0.00 per share as part of compensation.
What are Restricted Stock Units in the context of Clear Secure (YOU)?
Restricted Stock Units are equity awards that grant a contingent right to receive shares, usually after vesting conditions. In this case, each RSU represented one share of Clear Secure Class A Common Stock, generally subject to Peter Scher’s continued service with the company.
How many RSUs vested for Clear Secure (YOU) director Peter Scher?
A total of 6,741 Restricted Stock Units vested for Peter Scher. These RSUs were converted into 6,741 shares of Clear Secure Class A Common Stock, as disclosed with a transaction code M for exercise or conversion of a derivative security.
AI-generated analysis. How Rhea-AI works. Not financial advice.
