STOCK TITAN

Clear Secure (YOU) director gains 5,636 vested shares in RSU settlement

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Clear Secure, Inc. director Peter Scher reported the vesting and settlement of 5,636 restricted stock units on August 1, 2026, which resulted in the issuance of 5,636 shares of Class A Common Stock at $0.00 per share. After this award, he directly holds 18,013 Class A shares. The related RSU grant vests in three equal annual installments on August 1 of 2025, 2026 and 2027, generally subject to his continued service.

Positive

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Negative

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Insider Scher Peter
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units F1 5,636 $0.00 $0.00
Grant/Award Class A Common Stock F1 5,636 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 5,636 shares (Direct); Class A Common Stock — 18,013 shares (Direct)
Footnotes (1)
  1. F1. This transaction reflects the issuance of shares following the vesting of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive a share of Class A Common Stock of the Issuer, generally subject to the reporting person's continued service. One-third of the RSUs vested on each of August 1, 2025 and 2026, and one-third of the RSUs will vest on August 1, 2027.
RSUs vested and settled 5,636 units Restricted Stock Units converting on August 1, 2026
Shares issued from RSU vesting 5,636 shares Class A Common Stock received at settlement on August 1, 2026
Post-transaction holdings 18,013 shares Class A Common Stock directly held by Peter Scher after the award
Issue price per share $0.0000 Price for 5,636 Class A shares received from RSU vesting
RSU vesting dates August 1, 2025, 2026, 2027 Three equal annual RSU vesting installments
Restricted Stock Units financial
"This transaction reflects the issuance of shares following the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"Each RSU represents a contingent right to receive a share of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vesting financial
"This transaction reflects the issuance of shares following the vesting of restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"Each RSU represents a contingent right to receive a share of Class A Common Stock"

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FAQ

What insider transaction did Clear Secure (YOU) director Peter Scher report?

Director Peter Scher reported RSU vesting that issued 5,636 shares of Class A Common Stock on August 1, 2026. These shares came from restricted stock units that vested under a multi-year schedule tied to his continued service.

How many Clear Secure (YOU) shares did Peter Scher acquire in this Form 4?

Peter Scher acquired 5,636 shares of Clear Secure Class A Common Stock at $0.00 per share through RSU vesting. The derivative RSU position for the same amount was correspondingly converted into these common shares.

What are Peter Scher’s Clear Secure (YOU) holdings after this RSU vesting?

Following the August 1, 2026 transaction, Peter Scher directly holds 18,013 shares of Clear Secure Class A Common Stock. This figure reflects the addition of 5,636 newly issued shares from vested restricted stock units.

What is the vesting schedule of the RSUs reported by Clear Secure (YOU) director Peter Scher?

The RSU grant vests in three equal parts: one-third on August 1, 2025, one-third on August 1, 2026, and one-third on August 1, 2027, generally contingent on Peter Scher’s continued service.

Did the Clear Secure (YOU) Form 4 indicate any cash price paid for the shares?

No cash price was paid; the 5,636 shares were issued at $0.00 per share upon RSU vesting. The transaction reflects equity compensation rather than an open-market purchase.

Was Peter Scher’s Clear Secure (YOU) RSU transaction under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as an affirmed trading plan. There is no indication in the disclosure or footnotes that these RSU vesting transactions occurred under a pre-arranged 10b5-1 plan.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Scher Peter

(Last)(First)(Middle)
85 10TH AVE., 9TH FLOOR

(Street)
NEW YORK NEW YORK 10011

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Clear Secure, Inc. [ YOU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock08/01/2026A5,636A$0(1)18,013D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)08/01/2026M5,636 (1) (1)Class A Common Stock5,636$05,636D
Explanation of Responses:
1. This transaction reflects the issuance of shares following the vesting of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive a share of Class A Common Stock of the Issuer, generally subject to the reporting person's continued service. One-third of the RSUs vested on each of August 1, 2025 and 2026, and one-third of the RSUs will vest on August 1, 2027.
Remarks:
/s/ Emma Barnett Bauman, Attorney-in-Fact08/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)