Form 4: Clear Secure Director Adam Wiener Executes Pre-Scheduled Stock Sale

Sentiment:

Insider Transaction Report


Clear Secure, Inc. Director Adam Wiener sold 3,000 shares of Class A Common Stock at $27.5 per share on July 1, 2025, as part of a pre-arranged Rule 10b5-1 trading plan.

Summary

  • Adam Wiener, a Director of Clear Secure, Inc. (YOU), disposed of 3,000 shares of Class A Common Stock.
  • The transaction occurred on July 1, 2025, with shares sold at a price of $27.5 each.
  • Following this sale, Mr. Wiener directly beneficially owns 212,634 shares of Class A Common Stock.
  • The sale was automatically executed pursuant to a Rule 10b5-1 trading plan that was adopted by Mr. Wiener on December 16, 2024.

Sentiment

Score: 5

Explanation: Neutral. The transaction is a routine insider sale under a pre-arranged 10b5-1 plan, which typically has a neutral impact as it's not indicative of new sentiment regarding the company's prospects.

Positives

  • The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, indicating a planned and automated sale rather than a discretionary one based on new, non-public information.

Negatives

  • A director selling shares, even under a 10b5-1 plan, reduces their direct equity stake in the company.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends.

Related Party Transactions

  • The reported transaction involves a director of Clear Secure, Inc. selling shares of the company's stock, which is a standard related party disclosure for insider transactions.

Stakeholder Impact

  • Shareholders: The sale by a director could be perceived negatively by some, but the pre-arranged 10b5-1 plan mitigates concerns about insider sentiment. It slightly increases the float of shares available.

Key Dates

DateDescription
12/16/2024Date the Rule 10b5-1 trading plan was adopted by Adam Wiener.
07/01/2025Date of the reported transaction (sale of Class A Common Stock).
07/02/2025Date the Form 4 was signed by Lynn Haaland, Attorney-in-Fact for Adam Wiener.

Recommendation

hold

Keywords

Clear Secure, YOU, Form 4, Insider Trading, Stock Sale, Director, Adam Wiener, 10b5-1 Plan, Equity Transaction, Beneficial Ownership

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