Clear Secure (NYSE: YOU) president vests 64,599 RSUs with tax withholding

Rhea-AI Filing Summary

Clear Secure, Inc. president Michael Z. Barkin reported vesting of restricted stock units and related tax withholding. On April 1, 2026, 64,599 RSUs converted into an equal number of shares of Class A Common Stock, reflecting a scheduled vesting event.

A portion of these shares, 35,724, was automatically withheld at $49.09 per share to cover tax obligations, which is not an open-market sale. After these transactions, he held 129,199 RSUs and 34,544 shares of Class A Common Stock directly.

Insights

Equity compensation analyst

Routine RSU vesting with tax withholding; no open‑market trading signal.

Michael Z. Barkin, president of Clear Secure, Inc., reported automatic vesting of 64,599 restricted stock units into Class A Common Stock. This is a scheduled compensation event, not a discretionary market purchase.

Of the vested shares, 35,724 were withheld at $49.09 per share to satisfy tax obligations, consistent with the footnotes describing Rule 16b-3 treatment. Following these movements, he directly held 129,199 RSUs and 34,544 common shares, indicating this filing primarily updates his equity compensation position rather than reflecting a directional trading view.

Insider Trade Summary

64,599 shares exercised/converted

Mixed 3 txns

Insider Barkin Michael Z

Role President

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	64,599	$0.00	--
Exercise	Class A Common Stock	64,599	$0.00	--
Tax Withholding	Class A Common Stock	35,724	$49.09	$1.75M

Holdings After Transaction: Restricted Stock Units — 129,199 shares (Direct); Class A Common Stock — 70,268 shares (Direct)

Footnotes (1)

1. This Form 4 is being filed to report the vesting, and automatic withholding for tax purposes, of a portion of the restricted stock units ("RSUs"). Each RSU represents a contingent right to receive a share of Class A Common Stock of the Issuer, generally subject to the reporting person's continued service. One-third of the RSUs vested on April 1, 2026, and one-third of the RSUs will vest on each of April 1, 2027 and April 1, 2028. Represents RSUs automatically withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1, exempt under Rule 16b-3.

Key Figures

RSUs vested and exercised: 64,599 RSUs/shares Shares withheld for taxes: 35,724 shares at $49.09 RSUs held after transaction: 129,199 RSUs +1 more

4 metrics

RSUs vested and exercised 64,599 RSUs/shares Restricted Stock Units converting to Class A Common Stock on April 1, 2026

Shares withheld for taxes 35,724 shares at $49.09 Automatic tax withholding related to RSU vesting

RSUs held after transaction 129,199 RSUs Directly held restricted stock units following April 1, 2026 vesting

Common shares held after transaction 34,544 shares Direct Class A Common Stock holdings after tax withholding disposition

Key Terms

Restricted Stock Units, tax withholding obligations, Rule 16b-3, Exercise or conversion of derivative security

4 terms

Restricted Stock Units financial

"This Form 4 is being filed to report the vesting, and automatic withholding for tax purposes, of a portion of the restricted stock units ("RSUs")."

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.

tax withholding obligations financial

"Represents RSUs automatically withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1, exempt under Rule 16b-3."

Rule 16b-3 regulatory

"Represents RSUs automatically withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1, exempt under Rule 16b-3."

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

Form 4 Insider Transactions: What Each Field Means →

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^*

Barkin Michael Z

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/01/2026		M		64,599	A	$0(1)	70,268	D
Class A Common Stock	04/01/2026		F(2)		35,724	D	$49.09	34,544	D

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)	04/01/2026		M			64,599	(1)	(1)	Class A Common Stock	64,599	$0	129,199	D

Explanation of Responses:

1. This Form 4 is being filed to report the vesting, and automatic withholding for tax purposes, of a portion of the restricted stock units ("RSUs"). Each RSU represents a contingent right to receive a share of Class A Common Stock of the Issuer, generally subject to the reporting person's continued service. One-third of the RSUs vested on April 1, 2026, and one-third of the RSUs will vest on each of April 1, 2027 and April 1, 2028.

2. Represents RSUs automatically withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1, exempt under Rule 16b-3.

Remarks:

	/s/ Lynn Haaland, Attorney-in-Fact	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)