Clear Secure (NYSE: YOU) CEO sells 120,640 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Caryn Seidman Becker, Clear Secure’s CEO and 10% owner, reported transactions involving 120,640 Class A shares. An entity she controls sold these shares at a weighted average of $53.40 (range $53.00–$53.85) under a Rule 10b5-1 plan, funded by exchanging an equal number of Alclear non-voting units and Class C shares into Class A stock. She now holds 630,890 Class A shares directly, 31,147 Class A shares indirectly, and 18,158,849 Class C shares and non-voting units.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 120,640 shares ($6,442,176)
Net Sell
5 txns
Insider
Seidman Becker Caryn
Role
Chief Executive Officer
Sold
120,640 shs ($6.44M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-voting common units of Alclear Holdings, LLC | 120,640 | -- | -- |
| Disposition | Class C Common Stock | 120,640 | -- | -- |
| Grant/Award | Class A Common Stock | 120,640 | -- | -- |
| Sale | Class A Common Stock | 120,640 | $53.40 | $6.44M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-voting common units of Alclear Holdings, LLC — 18,158,849 shares (Indirect, See footnote);
Class C Common Stock — 18,158,849 shares (Indirect, See footnote);
Class A Common Stock — 151,787 shares (Indirect, See footnote);
Class A Common Stock — 630,890 shares (Direct)
Footnotes (1)
- These transactions were automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person 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 $53.85, 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 herein. 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. 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. 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
Shares sold: 120640.0000 shares
Weighted average sale price: $53.4000 per share
Shares acquired via exchange: 120640.0000 shares
+4 more
7 metrics
Shares sold
120640.0000 shares
Class A Common Stock sold on 2026-07-14 via open-market transaction
Weighted average sale price
$53.4000 per share
Class A shares sold in multiple trades between $53.00 and $53.85
Shares acquired via exchange
120640.0000 shares
Class A Common Stock received on 2026-07-16 from exchange of Alclear units and Class C shares
Direct Class A holdings
630890.0000 shares
Directly held Class A Common Stock as of 2026-07-14
Indirect Class A holdings
31147.0000 shares
Indirect Class A Common Stock holdings after sale on 2026-07-14
Non-voting common units remaining
18158849.0000 units
Non-voting common units of Alclear Holdings, LLC held indirectly after 2026-07-16 exchange-related transactions
Class C Common Stock holdings
18158849.0000 shares
Indirect Class C Common Stock holdings after partial disposition to issuer on 2026-07-16
Key Terms
Rule 10b5-1 trading plan, weighted average price, Exchange Agreement, nonvoting common units
4 terms
Rule 10b5-1 trading plan financial
"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.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
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.
Exchange Agreement financial
"Pursuant to the terms of the Exchange Agreement, nonvoting units and Class C stock were exchanged"
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 Holdings, LLC were exchanged for Class A Common Stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider sale did Clear Secure (YOU) report in this Form 4?
Clear Secure reported that CEO Caryn Seidman Becker, through Alclear Investments, LLC, sold 120,640 shares of Class A Common Stock at a weighted average price of $53.40 per share, in multiple transactions between $53.00 and $53.85 on July 14, 2026.
Were Clear Secure (YOU) insider trades made under a Rule 10b5-1 plan?
Yes. The Form 4 states the transactions were automatically effected pursuant to a Rule 10b5-1 trading plan adopted by Caryn Seidman Becker on March 12, 2026, meaning the timing and size of trades were pre-arranged rather than decided at the sale date.