Clear Secure (NYSE: YOU) CEO sells 323,904 shares, retains 17.8M units
Rhea-AI Filing Summary
Caryn Seidman Becker, Chief Executive Officer and significant owner of Clear Secure, indirectly sold 323,904 shares of Class A Common Stock on August 5, 2026 through Alclear Investments, LLC in multiple sales at prices ranging from $60.00 to $68.45 per share, automatically effected under a Rule 10b5-1 trading plan adopted on March 12, 2026.
On August 6, 2026, Alclear exchanged 323,904 non-voting common units and a corresponding number of Class C Common Stock shares for an equal number of Class A shares under an Exchange Agreement, and those Class A shares were used to settle the prior sales. After these transactions, entities she controls hold 17,806,342 related units/Class C shares indirectly, and she also holds 630,890 Class A shares directly.
Positive
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Negative
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Insights
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Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
13 txns
Insider
Seidman Becker Caryn
Role
Chief Executive Officer
Sold
323,904 shs ($19.83M)
Approx. gross sale proceeds
$19.83M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-voting common units of Alclear Holdings, LLC F3, F4 | 323,904 | -- | -- |
| Disposition | Class C Common Stock F3, F12, F4 | 323,904 | -- | -- |
| Grant/Award | Class A Common Stock F3, F4 | 323,904 | -- | -- |
| Sale | Class A Common Stock F1, F2, F3, F4 | 217,272 | $60.52 | $13.15M |
| Sale | Class A Common Stock F1, F5, F3, F4 | 71,487 | $61.11 | $4.37M |
| Sale | Class A Common Stock F1, F6, F3, F4 | 1,200 | $62.05 | $74K |
| Sale | Class A Common Stock F1, F7, F3, F4 | 2,430 | $63.39 | $154K |
| Sale | Class A Common Stock F1, F8, F3, F4 | 9,803 | $64.48 | $632K |
| Sale | Class A Common Stock F1, F9, F3, F4 | 3,096 | $65.35 | $202K |
| Sale | Class A Common Stock F1, F10, F3, F4 | 12,110 | $66.61 | $807K |
| Sale | Class A Common Stock F1, F11, F3, F4 | 6,006 | $67.67 | $406K |
| Sale | Class A Common Stock F1, F3, F4 | 500 | $68.45 | $34K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-voting common units of Alclear Holdings, LLC — 17,806,342 shares (Indirect, See footnote);
Class C Common Stock — 17,806,342 shares (Indirect, See footnote);
Class A Common Stock — 323,904 shares (Indirect, See footnote);
Class A Common Stock — 630,890 shares (Direct)
Footnotes (12)
- F1. These transactions were automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on March 12, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $60.00 to $60.99, inclusive. 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 set forth in this footnote and footnotes 5, 6, 7, 8, 9, 10 and 11.
- F3. Pursuant to the terms of the Exchange Agreement, dated June 29, 2021, by and among the Issuer, Alclear Holdings, LLC ("Alclear") and the equityholders of Alclear (the "Exchange Agreement"), nonvoting common units of Alclear ("Common Units"), together with a corresponding number of shares of Class C common stock of the Issuer ("Class C Common Stock"), were exchanged for shares of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis. The exchange rights under the Exchange Agreement do not expire. The resulting shares of Class A Common Stock were used to settle the sale transaction described above.
- F4. Alclear Investments, LLC is controlled by Ms. Seidman Becker, its sole manager, who has dispositive control and voting control over the shares held by Alclear Investments, LLC.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $61.00 to $61.93, inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $62.00 to $62.23, inclusive.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $63.00 to $63.91, inclusive.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $64.00 to $64.92, inclusive.
- F9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $65.02 to $65.63, inclusive.
- F10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $66.07 to $67.06 inclusive.
- F11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $67.16 to $68.12, inclusive.
- F12. Shares of Class C Common Stock have one vote 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.
Key Figures
Class A shares sold: 323,904 shares
Derivative units exchanged: 323,904 units
Indirect holdings after exchange: 17,806,342 units/shares
+2 more
5 metrics
Class A shares sold
323,904 shares
Aggregate Class A Common Stock sold on August 5, 2026 by Alclear Investments, LLC
Derivative units exchanged
323,904 units
Non-voting common units of Alclear Holdings, LLC exchanged into Class A Common Stock on August 6, 2026
Indirect holdings after exchange
17,806,342 units/shares
Non-voting common units and corresponding Class C Common Stock held indirectly after August 6, 2026
Direct Class A holdings
630,890 shares
Class A Common Stock held directly as of the August 5, 2026 holding entry
Largest single sale block
217,272 shares at $60.5200 per share
Open market or private transaction sale of Class A shares on August 5, 2026
Key Terms
Rule 10b5-1 trading plan, Exchange Agreement, nonvoting common units, Class C Common Stock, +2 more
6 terms
Rule 10b5-1 trading plan regulatory
"transactions were automatically effected 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.
Exchange Agreement regulatory
"Pursuant to the terms of the Exchange Agreement, dated June 29, 2021, by and among the Issuer"
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.
nonvoting common units financial
"nonvoting common units of Alclear ("Common Units"), together with a corresponding number"
Class C Common Stock financial
"Shares of Class C Common Stock have one vote per share but no economic rights"
A class C common stock is a type of company share that usually represents ownership but often carries limited or no voting power compared with other share classes. For investors, that matters because it can affect influence over company decisions and sometimes the stock’s price or dividend priority — think of it as owning a ticket to the same event but in a section with less say in how the event is run.
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.
dispositive control financial
"who has dispositive control and voting control over the shares held by Alclear"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transactions did Clear Secure (YOU) report for its CEO?
Clear Secure reported that CEO Caryn Seidman Becker, through Alclear Investments, LLC, sold 323,904 Class A Common shares on August 5, 2026 and completed related exchanges of 323,904 non-voting Alclear units and Class C shares into Class A on August 6, 2026.
Were the Clear Secure (YOU) insider sales made under a Rule 10b5-1 trading plan?
Yes. The filing states the transactions “were automatically effected pursuant to a Rule 10b5-1 trading plan” previously adopted by the reporting person on March 12, 2026, and the Rule 10b5-1 checkbox on the form is marked as affirmed for this plan.
What Clear Secure (YOU) holdings does the CEO retain after these transactions?
After the reported transactions, entities controlled by the CEO hold 17,806,342 non-voting common units and corresponding Class C Common Stock indirectly, and she also directly owns 630,890 shares of Clear Secure Class A Common Stock, as reflected in the holding entry.
What is the Alclear Exchange Agreement referenced for Clear Secure (YOU)?
Under the Exchange Agreement dated June 29, 2021, non-voting Alclear common units and matching Class C Common Stock can be exchanged on a one-for-one basis for Class A Common Stock, with the filing noting that the exchange rights under this agreement do not expire.
What is Clear Secure (YOU) Class C Common Stock and how does it differ economically?
The filing explains that shares of Class C Common Stock have one vote per share but no economic rights, including no rights to dividends or liquidation distributions, and are issued in an equal amount to the number of non-voting common units of Alclear held.