Clear Secure (NYSE: YOU) CEO sells shares, exchanges LLC units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clear Secure, Inc. CEO and 10% owner Caryn Seidman Becker, through Alclear Investments, LLC, sold 100,757 shares of Class A Common Stock on July 13, 2026 at weighted-average prices between $53.31 and $55.19, automatically under a Rule 10b5-1 trading plan adopted March 12, 2026. On July 14, an equal number of Alclear non-voting common units and corresponding Class C Common Stock were exchanged one-for-one into Class A to settle these sales. Following the transactions, filings show direct holdings of 630,890 Class A shares and substantial additional indirect interests, including 151,787 Class A shares and 18,279,489 paired Class C shares and non-voting common units held through Alclear Investments, LLC, which Ms. Seidman Becker controls.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 100,757 shares ($5,382,859)
Net Sell
7 txns
Insider
Seidman Becker Caryn
Role
Chief Executive Officer
Sold
100,757 shs ($5.38M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-voting common units of Alclear Holdings, LLC | 100,757 | -- | -- |
| Disposition | Class C Common Stock | 100,757 | -- | -- |
| Grant/Award | Class A Common Stock | 100,757 | -- | -- |
| Sale | Class A Common Stock | 89,592 | $53.31 | $4.78M |
| Sale | Class A Common Stock | 10,425 | $54.28 | $566K |
| Sale | Class A Common Stock | 740 | $55.19 | $41K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-voting common units of Alclear Holdings, LLC — 18,279,489 shares (Indirect, See footnote);
Class C Common Stock — 18,279,489 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 $53.98, 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 in footnotes 5 and 6. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $54.01 to $54.94, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $55.05 to $55.19, inclusive. 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: 100,757 shares
Weighted average sale price 1: $53.3100 per share
Weighted average sale price 2: $54.2800 per share
+5 more
8 metrics
Class A shares sold
100,757 shares
Open-market sales of Class A Common Stock on 2026-07-13
Weighted average sale price 1
$53.3100 per share
One tranche of Class A sales on 2026-07-13
Weighted average sale price 2
$54.2800 per share
Second tranche of Class A sales on 2026-07-13
Weighted average sale price 3
$55.1900 per share
Third tranche of Class A sales on 2026-07-13
Class A shares issued via exchange
100,757 shares
Class A issued on 2026-07-14 for exchange of Alclear units and Class C stock
Direct Class A holdings
630,890 shares
Class A Common Stock held directly as of 2026-07-13
Indirect Class A holdings
151,787 shares
Class A Common Stock held indirectly after 2026-07-14 exchange transactions
Non-voting units and Class C holdings
18,279,489 units/shares
Non-voting common units and corresponding Class C Common Stock held indirectly after 2026-07-14
Key Terms
Rule 10b5-1 trading plan, weighted average price, Exchange Agreement, nonvoting common units, +1 more
5 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.
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 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") were exchanged for shares"
dispositive control regulatory
"who has dispositive control and voting control over the shares held"
FAQ
What insider transactions did Clear Secure (YOU) report for its CEO?
Clear Secure reported that CEO Caryn Seidman Becker, via Alclear Investments, LLC, completed open-market sales of 100,757 Class A shares and related exchanges of Alclear non-voting units and Class C stock into Class A, along with updated direct and indirect holdings.
Were the Clear Secure (YOU) insider sales under a Rule 10b5-1 plan?
Yes. The filing states the transactions were automatically effected under a Rule 10b5-1 trading plan that Ms. Seidman Becker adopted on March 12, 2026, indicating the sales were pre-arranged rather than discretionary trades timed to short-term market movements.
What exchanges involving Alclear units and Class C stock did Clear Secure (YOU) disclose?
On July 14, 2026, 100,757 non-voting common units of Alclear and an equal number of Class C Common Stock shares were exchanged one-for-one into 100,757 Class A shares under an Exchange Agreement, with the resulting Class A shares used to settle the prior sales.
What are Caryn Seidman Becker’s Clear Secure (YOU) holdings after these transactions?
After the reported transactions, filings show 630,890 Class A shares held directly, plus indirect interests including 151,787 Class A shares and 18,279,489 paired non-voting common units and Class C shares held through Alclear Investments, LLC, which she controls with voting and dispositive power.
Who controls Alclear Investments, LLC in the Clear Secure (YOU) filing?
The filing notes that Alclear Investments, LLC is controlled by Caryn Seidman Becker, its sole manager, and that she has dispositive and voting control over the shares the entity holds, so the transactions are attributed to this controlled affiliate.