Clear Secure (NYSE: YOU) CAO sells 7,950-share stake in Rule 10b5-1 sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clear Secure, Inc. Chief Accounting Officer Dennis W. Liu reported an open-market sale of 7,950 shares of Class A common stock at $48.57 per share. After the sale, he directly owned 10,960 shares. The transaction was automatically executed under a pre-established Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,950 shares ($386,132)
Net Sell
1 txn
Insider
Liu Dennis W.
Role
Chief Accounting Officer
Sold
7,950 shs ($386K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 7,950 | $48.57 | $386K |
Holdings After Transaction:
Class A Common Stock — 10,960 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Clear Secure (YOU) disclose in this Form 4?
Clear Secure reported that Chief Accounting Officer Dennis W. Liu sold 7,950 shares of Class A common stock. The shares were sold in an open-market transaction at $48.57 per share under a pre-established Rule 10b5-1 trading plan.
Was the Clear Secure (YOU) insider sale part of a Rule 10b5-1 plan?
Yes, the sale was automatically effected under a Rule 10b5-1 trading plan previously adopted by Dennis W. Liu. Such plans allow insiders to pre-schedule trades, helping separate planned transactions from decisions based on nonpublic company information.
Who is the insider involved in the latest Clear Secure (YOU) Form 4?
The insider is Dennis W. Liu, Chief Accounting Officer of Clear Secure, Inc. He is an executive officer, and the Form 4 details his direct sale of 7,950 shares and his resulting ownership of 10,960 shares of Class A common stock.