Alclear sells 323,904 Clear Secure Class A shares
Alclear Investments, LLC, a 10% owner of Clear Secure, Inc., reported stock sales and related exchanges.
Rhea-AI Filing Summary
Alclear Investments, LLC, a 10% owner of Clear Secure, Inc., reported stock sales and related exchanges. On August 5, 2026 it sold an aggregate of 323,904 shares of Class A Common Stock in multiple open-market trades under a Rule 10b5-1 trading plan adopted on March 12, 2026. On August 6, 2026 it exchanged 323,904 non-voting common units of Alclear Holdings, LLC and the same number of Class C Common Stock for 323,904 Class A shares on a one-for-one basis under an Exchange Agreement and used those Class A shares to settle the earlier sales. After the exchange, it reported holding 17,806,342 non-voting common units and corresponding Class C shares.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
12 txns
Insider
Alclear Investments, LLC
Role
Director, 10% Owner
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 | 323,904 | -- | -- |
| Disposition | Class C Common Stock F3, F11 | 323,904 | -- | -- |
| Grant/Award | Class A Common Stock F3 | 323,904 | -- | -- |
| Sale | Class A Common Stock F1, F2, F3 | 217,272 | $60.52 | $13.15M |
| Sale | Class A Common Stock F1, F4, F3 | 71,487 | $61.11 | $4.37M |
| Sale | Class A Common Stock F1, F5, F3 | 1,200 | $62.05 | $74K |
| Sale | Class A Common Stock F1, F6, F3 | 2,430 | $63.39 | $154K |
| Sale | Class A Common Stock F1, F7, F3 | 9,803 | $64.48 | $632K |
| Sale | Class A Common Stock F1, F8, F3 | 3,096 | $65.35 | $202K |
| Sale | Class A Common Stock F1, F9, F3 | 12,110 | $66.61 | $807K |
| Sale | Class A Common Stock F1, F10, F3 | 6,006 | $67.67 | $406K |
| Sale | Class A Common Stock F1, F3 | 500 | $68.45 | $34K |
Holdings After Transaction:
Non-voting common units of Alclear Holdings, LLC — 17,806,342 contracts (Direct);
Class C Common Stock — 17,806,342 shares (Direct);
Class A Common Stock — 151,787 shares (Direct)
Footnotes (11)
- 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 4, 5, 6, 7, 8, 9 and 10.
- 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. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. 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
Non-voting units exchanged: 323,904 units
Class C shares exchanged: 323,904 shares
+5 more
8 metrics
Class A shares sold
323,904 shares
Aggregate Class A Common Stock sold on August 5, 2026
Non-voting units exchanged
323,904 units
Non-voting common units of Alclear Holdings, LLC exchanged on August 6, 2026
Class C shares exchanged
323,904 shares
Class C Common Stock exchanged one-for-one into Class A on August 6, 2026
Class A shares received
323,904 shares
Class A Common Stock received in exchange under the Exchange Agreement
Post-exchange non-voting units
17,806,342 units
Non-voting common units (and corresponding Class C shares) held after August 6, 2026
Sale price example
$60.5200 per share
Weighted-average price for 217,272 Class A shares sold on August 5, 2026
Higher sale price example
$68.4500 per share
Price for 500 Class A shares sold on August 5, 2026
10b5-1 plan adoption date
March 12, 2026
Adoption date of Alclear’s Rule 10b5-1 trading plan governing these sales
Key Terms
Rule 10b5-1 trading plan, Exchange Agreement, nonvoting common units, Class C Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"These 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"
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 of shares"
Class C Common Stock financial
"shares of Class C common stock of the Issuer ("Class C Common Stock"), were exchanged"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
On what dates did the Clear Secure (YOU) insider transactions reported by Alclear occur?
The reported transactions occurred on August 5, 2026 and August 6, 2026. August 5 covered multiple open-market sales of Class A shares; August 6 covered the exchange of non-voting units and Class C shares into an equal number of Class A shares.
What exchange transaction involving Clear Secure (YOU) did Alclear report?
Alclear reported exchanging 323,904 non-voting common units of Alclear Holdings and 323,904 Class C shares for 323,904 Class A shares. This one-for-one exchange was made under an existing Exchange Agreement, and the resulting Class A shares were used to settle earlier sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.
