Clear Secure (NYSE: YOU) CEO entity nets pre-planned sale of 3,153 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clear Secure, Inc. reported insider transactions tied to CEO Caryn Seidman Becker through Alclear Investments, LLC, which she controls. Under an automatic Rule 10b5-1 trading plan, the entity exercised 3,153 non-voting common units of Alclear Holdings, LLC into an equal number of Class B and Class A shares and sold 3,153 Class A shares at a weighted average price of $53.03.
Related exchanges converted Class B into Class A to settle the sale and adjusted associated Class B and Class D holdings. After these transactions, indirect holdings include 154,940 shares of Class B Common Stock and 18,627,093 shares of Class D Common Stock, while direct holdings include 238,365 shares of Class A Common Stock, indicating a small, pre-planned sale relative to the overall position.
Positive
- None.
Negative
- None.
Insights
Small, pre-planned insider sale with large holdings retained.
The transactions show a net sale of 3,153 Class A shares by Alclear Investments, LLC, an entity controlled by Clear Secure CEO Caryn Seidman Becker. The sale was executed automatically under a previously adopted Rule 10b5-1 trading plan, reducing timing concerns.
The activity reflects an exercise and exchange of 3,153 non-voting common units into Class B and Class A stock, followed by the Class A sale. Post-transaction, indirect holdings remain sizable at 154,940 Class B shares and 18,627,093 Class D shares, plus 238,365 Class A shares held directly, suggesting these are routine portfolio-management moves rather than a major position change.
Insider Trade Summary 10b5-1
Net Seller: 3,153 shares ($167,204)
Net Sell
7 txns
Insider
Seidman Becker Caryn
Role
Chief Executive Officer
Sold
3,153 shs ($167K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-voting common units of Alclear Holdings, LLC | 3,153 | $0.00 | -- |
| Disposition | Class D Common Stock | 3,153 | $0.00 | -- |
| Grant/Award | Class B Common Stock | 3,153 | $0.00 | -- |
| Disposition | Class B Common Stock | 3,153 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 3,153 | $0.00 | -- |
| Sale | Class A Common Stock | 3,153 | $53.03 | $167K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-voting common units of Alclear Holdings, LLC — 18,627,093 shares (Indirect, See footnote);
Class D Common Stock — 18,627,093 shares (Indirect, See footnote);
Class B Common Stock — 154,940 shares (Indirect, See footnote);
Class A Common Stock — 0 shares (Indirect, See footnote);
Class A Common Stock — 238,365 shares (Direct, null)
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 $53.10. 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).
Key Figures
Shares sold: 3,153 shares
Sale price: $53.03 per share
Units exercised: 3,153 units
+4 more
7 metrics
Shares sold
3,153 shares
Class A Common Stock sold by Alclear Investments, LLC
Sale price
$53.03 per share
Weighted average sale price for 3,153 Class A shares
Units exercised
3,153 units
Non-voting common units of Alclear Holdings, LLC exercised
Class B holdings
154,940 shares
Indirect Class B Common Stock after transactions
Class D holdings
18,627,093 shares
Indirect Class D Common Stock after transactions
Direct Class A holdings
238,365 shares
Direct Class A Common Stock holding line dated 2026-06-16
Net share change
-3,153 shares
Net buy/sell shares across reported transactions
Key Terms
Rule 10b5-1 trading plan, Class B Common Stock, Class D Common Stock, non-voting common units of Alclear Holdings, LLC, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"These transactions were automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by Alclear Investments, LLC"
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.
Class B Common Stock financial
"Shares of Class B Common Stock have 20 votes per share and economic rights"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Class D Common Stock financial
"Shares of Class D Common Stock have 20 votes per share but no economic rights"
non-voting common units of Alclear Holdings, LLC financial
"Non-voting common units of Alclear Holdings, LLC were exercised into Class B and Class A Common Stock"
Exchange Agreement regulatory
"Pursuant to the terms of the Exchange Agreement, dated June 29, 2021, Common Units were exchanged for Class B Common Stock"
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.
FAQ
What insider transaction did Clear Secure (YOU) report in this Form 4?
Clear Secure reported that an entity controlled by CEO Caryn Seidman Becker, Alclear Investments, LLC, sold 3,153 shares of Class A Common Stock. The sale followed conversions and exchanges of related units and shares, all executed automatically under a previously adopted Rule 10b5-1 trading plan.
What derivative exercise occurred in the Clear Secure (YOU) Form 4?
The filing shows an exercise of 3,153 non-voting common units of Alclear Holdings, LLC into underlying Clear Secure Class B and Class A Common Stock. This derivative conversion had a stated exercise price of $0.00 and facilitated subsequent exchanges and the sale of 3,153 Class A shares reported in the filing.