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Clear Secure (YOU) grants RSUs and performance RSUs to Chief Security Officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Schlegel Jonathan reported acquisition or exercise transactions in this Form 4 filing.

Clear Secure, Inc. Chief Security Officer Jonathan Schlegel received new equity awards in the form of restricted stock units tied to Class A Common Stock. He was granted 14,933 RSUs that vest in three equal annual installments on March 10 of 2027, 2028 and 2029, contingent on continued service. He also received 7,466 performance RSUs that will cliff vest on March 10, 2029 based on performance over a three-year period ending December 31, 2028, and the final number of shares earned may be higher depending on results.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schlegel Jonathan

(Last) (First) (Middle)
85 10TH AVE., 9TH FLOOR

(Street)
NEW YORK NY 10011

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Clear Secure, Inc. [ YOU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Security Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/10/2026 A 14,933 (1) (1) Class A Common Stock 14,933 $0 14,933 D
Performance Restricted Stock Units (2) 03/10/2026 A 7,466 (2) (2) Class A Common Stock 7,466 $0 7,466 D
Explanation of Responses:
1. Represents restricted stock units ("RSUs"), each of which represents a contingent right to receive a share of Class A Common Stock of the Issuer following the vesting date. The RSUs will vest in equal annual installments on each of March 10, 2027, 2028 and 2029, generally subject to the reporting person's continued service.
2. Represents a grant of performance RSUs ("PSUs") at the minimum number of shares that can be earned. The PSUs will cliff vest on March 10, 2029 following determination of actual performance at the end of a three-year performance period ending December 31, 2028, generally subject to the reporting person's continued service. The amount of the PSUs that ultimately vests may be greater than the amount reported herein, based on such actual performance.
/s/ Lynn Haaland, Attorney-in-Fact 03/12/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Clear Secure (YOU) report for Jonathan Schlegel?

Clear Secure reported that Chief Security Officer Jonathan Schlegel received grants of restricted stock units and performance-based restricted stock units tied to Class A Common Stock. These awards are compensation-related and vest over several years, subject to continued service and, for performance units, achieving set performance goals.

How many RSUs did Jonathan Schlegel receive from Clear Secure (YOU)?

Jonathan Schlegel received 14,933 restricted stock units, each representing a right to one share of Class A Common Stock after vesting. These RSUs vest in three equal annual installments on March 10 of 2027, 2028 and 2029, assuming he continues in service with the company.

What are the terms of the performance RSUs granted to Jonathan Schlegel at Clear Secure (YOU)?

He received 7,466 performance restricted stock units at the minimum earnable level. These PSUs will cliff vest on March 10, 2029 after performance is measured over a three-year period ending December 31, 2028, with the final vested amount potentially higher based on actual performance.

When will Jonathan Schlegel’s Clear Secure (YOU) RSUs vest?

The time-based RSUs vest in equal annual installments on March 10, 2027, March 10, 2028 and March 10, 2029, contingent on continued service. The performance RSUs cliff vest on March 10, 2029, after Clear Secure assesses performance for the three-year period ending December 31, 2028.

Are Jonathan Schlegel’s Clear Secure (YOU) RSU grants open-market purchases or sales?

The transactions are equity grants, not open-market purchases or sales. Form 4 shows awards of RSUs and performance RSUs as part of compensation, with no cash price per share and vesting based on time and performance conditions rather than trading in the market.

Can the number of Clear Secure (YOU) performance RSUs Jonathan Schlegel earns change?

Yes. The 7,466 performance RSUs are the minimum number of shares that can be earned. After Clear Secure evaluates actual performance for the three-year period ending December 31, 2028, the number of PSUs that ultimately vest on March 10, 2029 may be greater than the amount initially reported.
Clear Secure Inc

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Software - Application
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