[Form 4] Clear Secure, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Alclear Investments, LLC, a director and 10% owner of Clear Secure, Inc., sold 120,640 shares of Class A Common Stock on July 14, 2026 at a weighted average price of $53.40 per share under a Rule 10b5-1 trading plan. To deliver these shares, it exercised 120,640 non-voting common units of Alclear Holdings, LLC and, together with a corresponding number of Class C Common Stock, exchanged them into Class A on a one-for-one basis, with the resulting Class A shares used to settle the sale. Following the July 16 exchange-related transactions, Alclear reported holding 151,787 Class A shares and 18,158,849 non-voting common units and the same number of Class C shares, which carry voting but no economic rights.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-voting common units of Alclear Holdings, LLC | 120,640 | -- | -- |
| Disposition | Class C Common Stock | 120,640 | -- | -- |
| Grant/Award | Class A Common Stock | 120,640 | -- | -- |
| Sale | Class A Common Stock | 120,640 | $53.40 | $6.44M |
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 $53.85, 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 herein. 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. 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.
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