Alclear Investments (NYSE: YOU) sells 3,153 Clear Secure shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alclear Investments, LLC, a major holder of Clear Secure, Inc., reported several related equity transactions. It sold 3,153 shares of Class A common stock at a weighted average price of $53.03 per share in open-market trades that were automatically executed under a previously adopted Rule 10b5-1 trading plan. To facilitate this sale, each share of Class B common stock involved was converted into one share of Class A common stock and then used to settle the sale, leaving no Class A shares held afterward.
In connected internal moves, Alclear disposed of 3,153 shares of Class B and 3,153 shares of Class D common stock to the issuer and received offsetting grant-type acquisitions. Following these transactions, Alclear directly holds 154,940 shares of Class B common stock and 18,627,093 shares of Class D common stock, along with 18,627,093 non-voting common units of Alclear Holdings, LLC. The Class B and Class D shares each carry 20 votes per share, with only Class B having economic rights.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,153 shares ($167,204)
Net Sell
6 txns
Insider
Alclear Investments, LLC
Role
null
Sold
3,153 shs ($167K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Non-voting common units of Alclear Holdings, LLC | 0 | $0.00 | -- |
| Disposition | Class D Common Stock | 3,153 | $0.00 | -- |
| Grant/Award | Class B Common Stock | 3,153 | $0.00 | -- |
| Disposition | Class B Common Stock | 3,153 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 3,153 | $0.00 | -- |
| Sale | Class A Common Stock | 3,153 | $53.03 | $167K |
Holdings After Transaction:
Non-voting common units of Alclear Holdings, LLC — 18,627,093 shares (Direct, null);
Class D Common Stock — 18,627,093 shares (Direct, null);
Class B Common Stock — 154,940 shares (Direct, null);
Class A Common Stock — 0 shares (Direct, null)
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 $53.10. 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. Pursuant to the terms of the Issuer's Certificate of Incorporation, each share of Class B common stock of the Issuer ("Class B Common Stock") was converted into a share of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis. The resulting shares of Class A Common Stock were used to settle the sale transaction described above, and so after the transactions reported in this Form 4, no shares of Class A Common Stock are held. Pursuant to the terms of the Exchange Agreement, dated June 29, 2021, by and among the Issuer, Alclear and the equity holders of Alclear (the "Exchange Agreement"), Common Units, together with a corresponding number of shares of Class D Common Stock, were exchanged for Class B Common Stock on a one-for-one basis. The exchange rights under the Exchange Agreement do not expire. Shares of Class D Common Stock have 20 votes 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. Shares of Class B Common Stock have 20 votes per share and economic rights (including rights to dividends and distributions upon liquidation).
Key Figures
Shares sold: 3,153 shares
Weighted average sale price: $53.03 per share
Net shares sold: 3,153 shares
+4 more
7 metrics
Shares sold
3,153 shares
Class A common stock sold in open market
Weighted average sale price
$53.03 per share
Class A sale; trades from $53.00 to $53.10
Net shares sold
3,153 shares
netBuySellShares reported as net-sell
Class B holdings after
154,940 shares
Class B common stock after transactions
Class D holdings after
18,627,093 shares
Class D common stock after issuer dispositions
Non-voting common units
18,627,093 units
Alclear Holdings units corresponding to Class D shares
Voting power per share
20 votes per share
for both Class B and Class D common stock
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B Common Stock, Class D Common Stock, +2 more
6 terms
Rule 10b5-1 trading plan regulatory
"These transactions were automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class B Common Stock financial
"Each share of Class B common stock of the Issuer was converted into a share of Class A..."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Class D Common Stock financial
"Shares of Class D Common Stock have 20 votes per share but no economic rights..."
non-voting common units of Alclear Holdings, LLC financial
"Common Units, together with a corresponding number of shares of Class D Common Stock, were exchanged..."
Exchange Agreement regulatory
"Pursuant to the terms of the Exchange Agreement, dated June 29, 2021, by and among the Issuer, Alclear..."
A written deal in which two parties agree to swap assets, securities or obligations under set terms—think of it as a formal swap or trade contract. For investors it matters because such agreements can change who owns what, alter a company’s capital structure, affect future cash flows or dilute existing shares, and therefore influence value and risk in a straightforward, contract-driven way.
FAQ
What insider transaction did Alclear Investments report for Clear Secure (YOU)?
Alclear Investments reported selling 3,153 shares of Clear Secure Class A common stock. The sale occurred at a weighted average price of $53.03 per share, executed through multiple trades between $53.00 and $53.10, as part of a pre-established Rule 10b5-1 trading plan.
Was the Clear Secure (YOU) insider sale by Alclear pre-planned?
Yes. The sale of 3,153 Class A shares was automatically effected under a Rule 10b5-1 trading plan adopted by Alclear on March 12, 2026. Such plans pre-schedule trades, reducing the significance of short-term market timing for assessing insider sentiment.