Form 4: Clear Secure Director Adam Wiener Executes Pre-Scheduled Stock Sale
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
| Date | Description |
|---|---|
| 12/16/2024 | Date the Rule 10b5-1 trading plan was adopted by Adam Wiener. |
| 07/01/2025 | Date of the reported transaction (sale of Class A Common Stock). |
| 07/02/2025 | Date the Form 4 was signed by Lynn Haaland, Attorney-in-Fact for Adam Wiener. |
Recommendation
holdKeywords
Clear Secure, YOU, Form 4, Insider Trading, Stock Sale, Director, Adam Wiener, 10b5-1 Plan, Equity Transaction, Beneficial Ownership
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