Clear Secure president sells 11,550 shares in plan
Clear Secure, Inc. president and director Michael Z. Barkin sold Class A Common Stock in a planned transaction.
Accepted by SEC EDGAR
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Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Clear Secure, Inc. president and director Michael Z. Barkin sold Class A Common Stock in a planned transaction. On May 28, 2026, he executed an open-market sale of 11,550 shares at $56.29 per share and now directly holds 22,994 shares.
The sale was automatically carried out under a previously adopted Rule 10b5-1 trading plan dated February 27, 2026, indicating the trade was pre-scheduled rather than a discretionary market-timing decision.
Insider Trade Summary 10b5-1
Net Seller: 11,550 shares
Net Sell
1 txn
Insider
Barkin Michael Z
Role
President
Sold
11,550 shs ($650K)
Share of Position Sold
33.4%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 11,550 | $56.29 | $650K |
Holdings After Transaction:
Class A Common Stock — 22,994 shares (Direct)
Holdings Before and After:
Class A Common Stock, 34,544 to 22,994 shares (Direct)
Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (1)
- F1. This transaction was automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on February 27, 2026.
Key Figures
Shares sold: 11,550 shares
Sale price: $56.29 per share
Shares held after transaction: 22,994 shares
+2 more
5 metrics
Shares sold
11,550 shares
Open-market sale of Class A Common Stock
Sale price
$56.29 per share
Price for the 11,550 shares sold
Shares held after transaction
22,994 shares
Direct holdings following the sale
Transaction date
May 28, 2026
Date of reported open-market sale
Trading plan adoption date
February 27, 2026
Rule 10b5-1 plan governing this sale
Key Terms
Rule 10b5-1 trading plan, open-market sale, Class A Common Stock, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was 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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Clear Secure (YOU) report for Michael Z. Barkin?
Clear Secure reported that president and director Michael Z. Barkin sold 11,550 shares of Class A Common Stock. The transaction was an open-market sale executed under a Rule 10b5-1 trading plan and reflects a pre-arranged disposition of shares rather than a spontaneous trade.
Was the Clear Secure (YOU) insider sale made under a Rule 10b5-1 plan?
Yes, the sale was automatically effected under a Rule 10b5-1 trading plan adopted on February 27, 2026. Such plans pre-schedule trades, meaning the timing of this 11,550-share sale was determined in advance rather than decided opportunistically.
What is the nature of the Clear Secure (YOU) transaction reported in this Form 4?
The Form 4 reports a non-derivative open-market sale of Class A Common Stock by Michael Z. Barkin. It covers 11,550 shares sold at $56.29 each, with the shares held directly in his name and no associated derivative exercises disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
