Clear Secure (YOU) CEO-linked entity sells 174,324 Class A shares in plan trades
Rhea-AI Filing Summary
Clear Secure, Inc. reported insider transactions linked to Chief Executive Officer Caryn Seidman-Becker through Alclear Investments, LLC, which she solely controls and over whose shares she has voting and dispositive power. On March 4, 2026, Alclear Investments, LLC sold a total of 174,324 shares of Class A common stock in open-market transactions under a previously adopted Rule 10b5-1 trading plan, at weighted average prices of $48.41 and $49.24 per share within stated price ranges. To facilitate these sales, corresponding non-voting common units of Alclear Holdings, LLC and an equal number of Class D common stock were exchanged into Class B common stock, then converted one-for-one into Class A shares that were used to settle the sale, leaving no Class A shares held after the transactions. Following related exchanges and issuer dispositions on March 5, 2026, Alclear Investments, LLC continued to hold 18,630,246 non-voting common units, 18,630,246 shares of Class D common stock and 351,787 shares of Class B common stock, each with distinct voting and economic rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Non-voting common units of Alclear Holdings, LLC | 174,324 | $0.00 | -- |
| Disposition | Class D Common Stock | 174,324 | $0.00 | -- |
| Grant/Award | Class B Common Stock | 174,324 | $0.00 | -- |
| Disposition | Class B Common Stock | 174,324 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 174,324 | $0.00 | -- |
| Sale | Class A Common Stock | 152,513 | $48.41 | $7.38M |
| Sale | Class A Common Stock | 21,811 | $49.24 | $1.07M |
Footnotes (1)
- These transactions were automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by Alclear Investments, LLC on November 20, 2025. These shares were sold in multiple transactions ranging from $48.00 to $48.99. 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 in footnote 5. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $49.00 to $49.75, inclusive. 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. 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 B common stock of the Issuer ("Class B Common Stock") have 20 votes per share and economic rights (including rights to dividends and distributions upon liquidation).
