Clear Secure (NYSE: YOU) director receives 530 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clear Secure, Inc. director Kathryn A. Hollister acquired shares through the vesting of board compensation awards. On the vesting date, 530 Restricted Stock Units converted into 530 shares of Class A Common Stock at a price of $0.00 per share, reflecting non-cash equity compensation in lieu of a cash retainer. Following this issuance, she directly owns 38,032 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
530 shares exercised/converted
Mixed
2 txns
Insider
Hollister Kathryn A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 530 | $0.00 | -- |
| Exercise | Class A Common Stock | 530 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 530 shares (Direct);
Class A Common Stock — 38,032 shares (Direct)
Footnotes (1)
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Key Figures
RSUs exercised: 530 units
Shares issued: 530 shares
Transaction price: $0.00 per share
+1 more
4 metrics
RSUs exercised
530 units
Restricted Stock Units converting on 2026-03-31
Shares issued
530 shares
Class A Common Stock from RSU vesting
Transaction price
$0.00 per share
Equity compensation in lieu of cash retainer
Post-transaction holdings
38,032 shares
Class A Common Stock directly owned after vesting
Key Terms
Restricted Stock Units, Class A Common Stock, cash retainer payments, vesting
4 terms
Restricted Stock Units financial
"This transaction reflects the issuance of shares following the vesting of restricted stock units"
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.
cash retainer payments financial
"These RSUs were received in lieu of cash retainer payments for service on the Issuer's board of directors"
vesting financial
"This transaction reflects the issuance of shares following the vesting of restricted stock units"
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.
FAQ
What insider transaction did Clear Secure (YOU) disclose for Kathryn A. Hollister?
Clear Secure reported that director Kathryn A. Hollister acquired 530 shares of Class A Common Stock. The shares came from the vesting of Restricted Stock Units granted as equity compensation for board service, not from an open-market stock purchase.
What are the terms of the RSUs reported in this Clear Secure (YOU) Form 4?
Each Restricted Stock Unit represents a contingent right to receive one share of Class A Common Stock. The RSUs vest on a quarterly basis and generally require Kathryn A. Hollister’s continued service on Clear Secure’s board to deliver shares.
Did the Clear Secure (YOU) Form 4 show any insider sales by Kathryn A. Hollister?
The Form 4 shows only acquisitions related to an RSU vesting and no sales. The transactions are coded as exercises or conversions of derivative securities, issuing 530 Class A Common shares as compensation for her role as a director.