Form 4: Clear Secure Inc. Director Receives Restricted Stock Units

Clear Secure, Inc. director Marne L. Levine was granted 4,194 Deferred Restricted Stock Units (DSUs) on June 10, 2026, vesting on June 10, 2027, or the next annual meeting.

Summary

• Marne L. Levine, a Director at Clear Secure, Inc., was granted 4,194 Deferred Restricted Stock Units (DSUs) on June 10, 2026.
• These DSUs represent a contingent right to receive Class A Common Stock.
• The DSUs are set to vest on the earlier of June 10, 2027, or the Issuer's next annual stockholder meeting, contingent upon continued service.
• Settlement of the DSUs into shares is generally deferred until after Levine's departure from the board.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard equity award to a director rather than a significant financial event or strategic shift.

Positives

• Director Marne L. Levine received a grant of 4,194 Deferred Restricted Stock Units, indicating continued incentive and alignment with the company's performance.
• The grant vests over a period of approximately one year, aligning with future company performance and director service.

Risks

• The DSUs are subject to continued service requirements, meaning forfeiture is possible if service requirements are not met.
• Settlement of shares is delayed until after departure from the board, which could impact immediate liquidity for the director.

Future Outlook

The DSUs will vest upon the earlier of June 10, 2027, or the Issuer's next annual meeting of stockholders, generally subject to the reporting person's continued service. Settlement into shares will generally occur after the reporting person's departure from the board.

Industry Context

StockSavvy.ai notes that the issuance of Deferred Restricted Stock Units (DSUs) to directors is a common practice in the technology and security sectors, aligning executive and director incentives with long-term shareholder value.

Stakeholder Impact

• Shareholders: The grant of DSUs aligns director incentives with long-term company performance and shareholder value.
• Director Marne L. Levine: Receives equity compensation tied to continued service and company performance, with settlement deferred.

Next Steps

• Vesting of DSUs on or before June 10, 2027, or the next annual meeting.
• Settlement of DSUs into Class A Common Stock after the reporting person's departure from the board.

Key Dates

Keywords

Clear Secure Inc., YOU, Form 4, Restricted Stock Units, DSUs, Director Compensation, Equity Awards, SEC Filing