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Clear Secure's Dennis W. Liu sells 3,507 shares

The reported sales were automatically effected under a Rule 10b5-1 trading plan adopted May 14, 2026.

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Form Type
4

Rhea-AI Filing Summary

Clear Secure, Inc. (YOU) Chief Accounting Officer Dennis W. Liu sold 3,507 shares of Class A Common Stock on November 4, 2026, in two transactions: 1,403 shares at $62 per share and 2,104 shares at $58 per share. The sales were automatically effected pursuant to a Rule 10b5-1 trading plan adopted on May 14, 2026.

Insider Liu Dennis W.
Role Chief Accounting Officer
Sold 3,507 shs ($209K)
Share of Position Sold 22.1%
Type Security Shares Price Value
Sale Class A Common Stock F1 1,403 $62.00 $87K
Sale Class A Common Stock F1 2,104 $58.00 $122K
Holdings After Transaction: Class A Common Stock — 12,363 shares (Direct)
Holdings Before and After: Class A Common Stock, 15,870 to 12,363 shares (Direct)
Footnotes (1)
  1. F1. This transaction was automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on May 14, 2026.
Shares sold 3,507 shares Total reported sales on November 4, 2026
Shares sold 1,403 shares Transaction on November 4, 2026
Sale price $62 per share Transaction of 1,403 shares on November 4, 2026
Shares sold 2,104 shares Transaction on November 4, 2026
Sale price $58 per share Transaction of 2,104 shares on November 4, 2026
Rule 10b5-1 trading plan regulatory
"pursuant to a Rule 10b5-1 trading plan"
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.

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How many YOU shares did Dennis W. Liu sell, and at what prices?

Dennis W. Liu sold 3,507 shares on November 4, 2026: 1,403 shares at $62 per share and 2,104 shares at $58 per share. The sales were automatically effected pursuant to a Rule 10b5-1 trading plan adopted on May 14, 2026.

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SEC Form 4
FORM 4UNITED 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).
X
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*
Liu Dennis W.

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

(Street)
NEW YORK NEW YORK 10011

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Clear Secure, Inc. [ YOU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock11/04/2026S(1)1,403D$6214,467D
Class A Common Stock11/04/2026S(1)2,104D$5812,363D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on May 14, 2026.
Remarks:
/s/ Emma Barnett Bauman, Attorney-in-Fact11/06/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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