Equity awards for Clear Secure (YOU) GC: RSU vesting and tax share withholding
Rhea-AI Filing Summary
Clear Secure, Inc. GC & Chief Privacy Officer Lynn Haaland reported RSU vesting and related tax share withholding, not open-market trading. On February 27 and March 1, 2026, a total of 32,465 Restricted Stock Units were converted into an equal number of Class A shares at no cost to her.
To cover tax obligations, 5,329 shares on February 27 and 8,697 shares on March 1 were automatically withheld at a reference price of $48.64 per share. After these transactions, she directly held 18,439 shares of Class A Common Stock, while remaining RSUs continue to vest annually through 2028, subject to continued service.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; no open-market trades.
The transactions involve conversion of Restricted Stock Units into Class A Common Stock for Lynn Haaland, followed by automatic share withholding to satisfy tax liabilities at $48.64 per share. This pattern is typical of equity compensation programs.
Form 4 data show 32,465 RSUs converted and 14,026 shares withheld for taxes across February 27, 2026 and March 1, 2026. Afterward, Haaland directly held 18,439 Class A shares. RSUs continue to vest annually through 2028, generally conditioned on ongoing service, so future Form 4s may report similar administrative transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 17,683 | $0.00 | -- |
| Exercise | Class A Common Stock | 17,683 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 8,697 | $48.64 | $423K |
| Exercise | Restricted Stock Units | 14,782 | $0.00 | -- |
| Exercise | Class A Common Stock | 14,782 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 5,329 | $48.64 | $259K |
Footnotes (1)
- This transaction reflects the issuance of shares upon the vesting, and automatic withholding for tax purposes, of a portion of restricted stock units, each of which 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 ("RSUs"). The RSUs vest in equal annual installments on each of February 27, 2026, 2027 and 2028, generally subject to the reporting person's continued service. This transaction reflects the issuance of shares upon the vesting, and automatic withholding for tax purposes, of a portion of RSUs. These RSUs vest in equal installments on March 1, 2025, 2026 and 2027, generally subject to the reporting person's continued service.