Clear Secure EVP sells 4,499 shares at $44.47
Clear Secure’s EVP, Aviation reported RSU vesting, tax-share withholding, and a 4,499-share open-market sale under a pre-arranged Rule 10b5-1 plan.
Rhea-AI Filing Summary
Clear Secure, Inc. (YOU) reported that EVP, Aviation Kyle McLaughlin had restricted stock units vest on September 1, 2026, resulting in the issuance of 9,192 shares of Class A Common Stock. Of these, 4,693 shares were automatically withheld to satisfy tax withholding obligations, and on September 3, 2026, 4,499 shares were sold in the open market at $44.47 per share pursuant to a previously adopted Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
McLaughlin Kyle
Role
EVP, Aviation
Sold
4,499 shs ($200K)
Approx. gross sale proceeds
$200K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F3 | 4,499 | $44.47 | $200K |
| Exercise | Restricted Stock Units F1 | 9,192 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 9,192 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F2 | 4,693 | $42.97 | $202K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Class A Common Stock — 29,519 shares (Direct)
Footnotes (3)
- F1. This transaction reflects the issuance of shares following the vesting of 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 each of September 1, 2024, 2025 and 2026.
- F2. 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.
- F3. This transaction was automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on March 4, 2026.
Key Figures
Shares sold: 4,499 shares
Sale price per share: $44.47 per share
RSUs vested and converted: 9,192 units/shares
+3 more
6 metrics
Shares sold
4,499 shares
Class A Common Stock sale on September 3, 2026 by EVP, Aviation
Sale price per share
$44.47 per share
Price for the 4,499-share sale on September 3, 2026
RSUs vested and converted
9,192 units/shares
Restricted Stock Units vesting into Class A Common Stock on September 1, 2026
Shares withheld for taxes
4,693 shares
Class A shares withheld on September 1, 2026 to satisfy tax withholding obligations
RSU vesting schedule
One-third on each of September 1, 2024, 2025 and 2026
Footnote describing the three-year RSU vesting pattern
10b5-1 plan adoption date
March 4, 2026
Date the Rule 10b5-1 trading plan governing the September 3, 2026 sale was adopted
Key Terms
Restricted Stock Units, Rule 10b5-1 trading plan, tax withholding obligations, Rule 16b-3
4 terms
Restricted Stock Units financial
"This transaction reflects the issuance of shares following the vesting of restricted stock units"
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.
Rule 10b5-1 trading plan regulatory
"This transaction was 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.
tax withholding obligations financial
"Represents RSUs automatically withheld to satisfy tax withholding obligations in connection"
Rule 16b-3 regulatory
"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.
FAQ
What insider transaction did Clear Secure (YOU) disclose for EVP, Aviation Kyle McLaughlin?
Clear Secure disclosed that EVP, Aviation Kyle McLaughlin had RSUs vest into 9,192 shares of Class A Common Stock on September 1, 2026, with 4,693 shares withheld for taxes and 4,499 shares sold on September 3, 2026.
Were the Clear Secure (YOU) insider transactions under a Rule 10b5-1 plan?
Yes. The filing states the September 3, 2026 sale of 4,499 shares was automatically effected pursuant to a Rule 10b5-1 trading plan adopted by Kyle McLaughlin on March 4, 2026, and the form-level Rule 10b5-1 checkbox is also marked.
What happened to the vested RSUs reported by Clear Secure (YOU)?
On September 1, 2026, 9,192 Restricted Stock Units vested, resulting in the issuance of the same number of Class A shares. The filing notes that 4,693 shares were automatically withheld to satisfy tax withholding obligations related to this vesting.
What type of securities were involved in the Clear Secure (YOU) Form 4?
The Form 4 reports transactions in Restricted Stock Units that vested into 9,192 shares of Class A Common Stock, as well as Class A Common Stock dispositions, including 4,693 shares withheld for taxes and a 4,499-share sale.
Does the Form 4 show any remaining RSU or derivative position for Clear Secure (YOU)’s EVP, Aviation?
The Form 4 lists a derivative transaction for 9,192 RSUs that were fully converted into Class A shares with 0 derivative units reported following the transaction; no additional derivative positions are shown in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.