Clear Secure Inc SEC Filings

Form 144 notice for Clear Secure, Inc. (symbol YOU) discloses a proposed sale of 2,027 Class A shares through Fidelity Brokerage Services LLC on the NYSE with an aggregate market value of $72,972 and total shares outstanding listed as 95,330,547. The shares were acquired on 09/13/2023 via restricted stock vesting and were granted as compensation. The filing notes a prior sale by Dennis Liu of 5,000 Class A shares on 08/05/2025 for $168,000. Several standard filer and issuer fields (CIK, filer name, issuer name and contact details) are not provided in the content.

Clear Secure, Inc. insider filings show a planned sale of 6,000 Class A shares through Fidelity Brokerage Services (sale date 08/21/2025) with an aggregate market value of $210,000. The shares were acquired by restricted stock vesting on 06/30/2021 and were received as compensation. The filing lists 95,330,547 shares outstanding in the class. The same filer, identified in prior-sales rows as Adam Wiener, reported sales of 3,000 Class A shares on 07/01/2025 for $83,250 and 5,000 Class A shares on 07/17/2025 for $150,000, totaling 8,000 shares and $233,250 in gross proceeds over the past three months.

Durable Capital Partners LP reported beneficial ownership of 7,490,351 shares of Clear Secure, Inc. Class A common stock, representing 8.1% of the outstanding Class A shares. Durable Capital Master Fund LP directly holds the shares, and Durable Capital Partners LP, as investment adviser, states it has sole voting and dispositive power over those shares. The filing cites 92,266,338 outstanding Class A shares as the base for the percentage. The filer affirms the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

Clear Secure (YOU) Form 4: President & Director Michael Z. Barkin executed pre-planned transactions on 5-6 Aug 2025.

• Sales: 11,333 Class A shares at $32.26 and 8,667 at $33.54 (weighted averages) under a Rule 10b5-1 plan adopted 12 Sep 2024.
• Exchanges: 20,000 Alclear non-voting units and matching Class C shares converted 1:1 into Class A shares, which were immediately used to settle the above sales.
• Post-transaction holdings: 12,725 Class A shares (direct) and 143,179 Alclear units/Class C shares (convertible into Class A at any time).

The activity reduces Barkin’s direct economic stake in the publicly traded class by roughly 61%, a potential bearish signal, yet his large remaining convertible units preserve voting power and future upside.

Clear Secure, Inc. (YOU) – Form 4 filing: Chief Accounting Officer Dennis W. Liu disclosed the sale of 5,000 Class A common shares on 08/05/2025 pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on 11/22/2024.

Two open-market transactions were executed: 1,000 shares at $32 and 4,000 shares at $34. Following these trades Liu’s direct holdings declined from 18,923 to 13,923 shares, a reduction of roughly 26%. No derivative security activity was reported.

The gross proceeds, based solely on the disclosed prices, approximate $168,000. The filing contains no additional financial metrics or company guidance.

Form 144 summary for Clear Secure, Inc. (YOU): Notice of proposed sale of 40,000 Class A Common shares through J.P. Morgan Securities LLC (390 Madison Avenue, New York). The aggregate market value is $1,280,000 as stated in the filing; shares outstanding are listed as 92,266,338. Approximate sale date: 08/05/2025.

Acquisition details: shares were acquired on 09/01/2019 as a Pre IPO investment from the issuer and paid in cash. The filing reports no securities sold in the past 3 months and includes the standard signer representation regarding undisclosed material adverse information.

Clear Secure, Inc. (NYSE: YOU) filed a Form 144 disclosing a proposed insider sale of up to 5,000 Class A shares. The stock, acquired via restricted-stock vesting on 13 Sep 2023, would be sold through Fidelity Brokerage Services for an estimated $168,000. With 95,330,547 shares outstanding, the sale represents <0.01 % of the float. No other sales by this holder occurred in the past three months. The planned sale date is 05 Aug 2025 on the NYSE.

Form 144 is a notice, not a definitive transaction; it signals intent but may not result in an actual sale. Given the small size and absence of additional insider activity, the filing appears routine and is unlikely to materially affect the company’s share price.

Clear Secure, Inc. (NYSE: YOU) – Q2 FY-25 (period ended 6/30/25)

• Top-line growth: Q2 revenue rose 17.5 % YoY to $219.5 m; 1H revenue up 17.8 % to $430.8 m, driven primarily by CLEAR+ subscription momentum.
• Profitability: Operating income climbed 40 % YoY to $42.6 m as operating margin expanded 290 bp to 19.4 %. Net income attributable to Clear edged up 2.5 % to $24.7 m (EPS basic/diluted $0.26).
• Cash generation: 1H operating cash flow increased 13.6 % to $221.3 m; capex of $12.1 m produced positive FCF of ~$209 m.
• Balance sheet: Cash & marketable securities totaled $605.7 m (-0.6 % YTD). No debt outstanding; $66.4 m of revolver capacity remains. Total liabilities rose 10 % to $1.05 bn, driven by a $113.8 m jump in accrued liabilities (credit-card partnership benefits and TRA).
• Capital returns: 5.3 m Class A shares repurchased for $126.3 m (avg. $23.86); $48.8 m paid in regular & special dividends. Remaining buyback authorization: $126.5 m.
• Share base: Class A shares outstanding fell 3.1 % YTD to 93.8 m; non-controlling interest ownership diluted to 29.0 %.
• Other items: $4.7 m impairment recorded on a private strategic investment; effective tax rate rose to 14.5 % (vs. 1.0 %). Subsequent-event quarterly dividend of $0.125 declared (payable 9/17/25).

Total liquidity remains strong, margins are widening, and management continues aggressive capital returns, though rising liabilities and higher tax expense warrant monitoring.