Clear Secure (YOU) director Peter Scher receives 4,194 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Scher Peter reported acquisition or exercise transactions in this Form 4 filing.
Clear Secure, Inc. director Peter Scher received a grant of 4,194 restricted stock units, each representing one share of Class A Common Stock. These RSUs will vest upon the earlier of June 10, 2027 or the company’s next annual stockholder meeting, generally conditioned on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scher Peter
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,194 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,194 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 4,194 units
Total RSUs after grant: 4,194 units
Latest vesting date: June 10, 2027
+1 more
4 metrics
RSUs granted
4,194 units
Restricted Stock Units award to director Peter Scher
Total RSUs after grant
4,194 units
Holdings following this reported transaction
Latest vesting date
June 10, 2027
RSUs vest on earlier of this date or next annual meeting
Exercise/strike price
$0.00 per unit
RSU award with no exercise price
Key Terms
Restricted Stock Units, RSUs, vesting date, annual meeting of stockholders, +1 more
5 terms
Restricted Stock Units financial
"Represents restricted stock units ("RSUs"), each of which represents a contingent right"
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.
RSUs financial
"Represents restricted stock units ("RSUs"), each of which represents a contingent right"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vesting date financial
"to receive a share of Class A Common Stock of the Issuer following the vesting date"
annual meeting of stockholders financial
"upon the earlier of (i) June 10, 2027 or (ii) the Issuer's next annual meeting of stockholders"
continued service financial
"generally subject to the reporting person's continued service"
FAQ
What insider transaction did Clear Secure (YOU) director Peter Scher report?
Director Peter Scher reported receiving 4,194 restricted stock units from Clear Secure. Each RSU represents a contingent right to one share of Class A Common Stock, granted as compensation rather than a market purchase or sale.
How many Clear Secure (YOU) RSUs did Peter Scher receive in this Form 4?
Peter Scher received 4,194 restricted stock units from Clear Secure. After this grant, his total reported RSU holdings in this award are 4,194 units, all tied to future vesting conditions rather than immediate share ownership.
When do Peter Scher’s Clear Secure (YOU) RSUs vest?
The RSUs vest on the earlier of June 10, 2027, or Clear Secure’s next annual meeting of stockholders. Vesting is generally subject to Peter Scher’s continued service with the company through that vesting date under the award terms.
What does each Clear Secure (YOU) RSU granted to Peter Scher represent?
Each restricted stock unit represents a contingent right to receive one share of Clear Secure Class A Common Stock. The shares are delivered only after the RSUs vest, so the grant does not immediately increase tradeable share ownership.
Is Peter Scher’s Clear Secure (YOU) RSU grant an open-market stock purchase?
No, the 4,194 restricted stock units were granted as an award, not bought on the open market. The Form 4 classifies the transaction under code A, indicating a grant or award acquisition rather than a discretionary share purchase.