Form 4: Alclear Investments Executes Planned Clear Secure Sale

Alclear Investments, LLC sold 3,153 shares of Clear Secure, Inc. Class A Common Stock pursuant to a pre-established Rule 10b5-1 trading plan.

Summary

• Alclear Investments, LLC completed the sale of 3,153 shares of Clear Secure, Inc. (YOU) Class A Common Stock on June 16, 2026.
• The shares were sold at a weighted average price of $53.03 per share, with individual transaction prices ranging from $53.00 to $53.10.
• The transaction was executed automatically under a Rule 10b5-1 trading plan adopted on March 12, 2026.
• The reporting person performed a series of internal exchanges involving Class D and Class B common stock to facilitate the settlement of the sale.
• Following these transactions, the reporting person holds zero shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned and represents a routine adjustment of holdings by an insider.

Positives

• The sale was conducted via a pre-arranged Rule 10b5-1 plan, which is a standard mechanism for insiders to sell stock without triggering concerns regarding non-public information.
• The transaction was executed at a stable price point within a narrow range of $53.00 to $53.10.

Negatives

• The reporting person has reduced their direct holdings of Class A Common Stock to zero.

Risks

• The reporting person maintains significant voting power through Class B and Class D shares, which could influence corporate governance decisions.
• Future sales by major shareholders could impact market liquidity or share price volatility.

Future Outlook

No specific forward-looking guidance regarding company operations was provided; the filing is strictly a disclosure of changes in beneficial ownership.

Management Comments

• 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.

Industry Context

StockSavvy.ai notes that insider selling via Rule 10b5-1 plans is a routine corporate governance practice. This activity is consistent with typical liquidity management by major shareholders in the identity verification and biometrics sector.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for executives and major shareholders to mitigate legal risk during stock divestment.
• The conversion of Class B/D shares to Class A for settlement is a standard structural feature of companies with multi-class share structures.

Corporate Governance

Related Party Transactions

• The reporting person is affiliated with Caryn Seidman Becker, who is the sole manager of Alclear Investments, LLC.

Stakeholder Impact

• Minimal impact on shareholders as the sale was executed through a pre-planned, automated mechanism.

Next Steps

• Continued monitoring of future Form 4 filings for any additional divestment activity by Alclear Investments.

Key Dates

Keywords

Clear Secure, YOU, Insider Trading, Form 4, Alclear Investments, Rule 10b5-1, Equity Exchange