[Form 4] Clear Secure, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Clear Secure, Inc. reported insider transactions involving CEO Caryn Seidman Becker and entities she controls. On June 25, 2026, Alclear Investments, LLC, which she controls, sold 34,309 shares of Class A Common Stock at a weighted average price of $53.11 per share in open-market trades, with individual prices ranging from $53.00 to $53.44. These sales were automatically executed under a previously adopted Rule 10b5-1 trading plan.
In related moves on June 26, 2026, non-voting common units of Alclear Holdings, LLC were exchanged on a one-for-one basis into 34,309 shares of Class B Common Stock, which were then converted into Class A shares used to settle the sale. After these transactions, no Class A shares are held indirectly, while indirect holdings include 18,380,246 shares of Class D Common Stock and 186,096 shares of Class B Common Stock, and direct holdings include 238,365 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-voting common units of Alclear Holdings, LLC | 34,309 | $0.00 | -- |
| Disposition | Class D Common Stock | 34,309 | $0.00 | -- |
| Grant/Award | Class B Common Stock | 34,309 | $0.00 | -- |
| Disposition | Class B Common Stock | 34,309 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 34,309 | $0.00 | -- |
| Sale | Class A Common Stock | 34,309 | $53.11 | $1.82M |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- These transactions were automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by Alclear Investments, LLC on March 12, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $53.00 to $53.44, 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. Pursuant to the terms of the Issuer's Certificate of Incorporation, each share of Class B common stock of the Issuer ("Class B Common Stock") was converted into a share of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis. The resulting shares of Class A Common Stock were used to settle the sale transaction described above, and so after the transactions reported in this Form 4, no shares of Class A Common Stock are held. 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. Pursuant to the terms of the Exchange Agreement, dated June 29, 2021, by and among the Issuer, Alclear and the equity holders of Alclear (the "Exchange Agreement"), Common Units, together with a corresponding number of shares of Class D Common Stock, were exchanged for Class B Common Stock on a one-for-one basis. The exchange rights under the Exchange Agreement do not expire. Shares of Class D Common Stock have 20 votes 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. Shares of Class B Common Stock have 20 votes per share and economic rights (including rights to dividends and distributions upon liquidation).
