Michael Z. Barkin - 05 Aug 2025 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Role
President, Director
Signature
/s/ Lynn Haaland, Attorney-in-Fact
Issuer symbol
YOU
Transactions as of
05 Aug 2025
Net transactions value
-$656,294
Form type
4
Filing time
07 Aug 2025, 20:20:27 UTC
Previous filing
09 Jun 2025
Next filing
25 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Barkin Michael Z President, Director 85 10TH AVE., 9TH FLOOR, NEW YORK /s/ Lynn Haaland, Attorney-in-Fact 07 Aug 2025 0001571970

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YOU Class A Common Stock Sale $365,603 -11,333 -35% $32.26 21,392 05 Aug 2025 Direct F1, F2, F3
transaction YOU Class A Common Stock Sale $290,691 -8,667 -41% $33.54 12,725 05 Aug 2025 Direct F1, F3, F4
transaction YOU Class C Common Stock Disposed to Issuer -20,000 -12% 143,179 06 Aug 2025 Direct F3, F5
transaction YOU Class A Common Stock Award +20,000 +157% 32,725 06 Aug 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction YOU Non-voting common units of Alclear Holdings, LLC Disposed to Issuer -20,000 -12% 143,179 06 Aug 2025 Class A Common Stock 20,000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on September 12, 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $32 to $32.95, inclusive. 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.
F3 Pursuant to the terms of the Exchange Agreement, dated June 29, 2021, by and among the Issuer, Alclear and the equityholders of Alclear (the "Exchange Agreement"), Common Units, together with a corresponding number of shares of Class C Common Stock, were exchanged for shares of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis. The exchange rights under the Exchange Agreement do not expire. The resulting shares of Class A Common Stock were used to settle the sale transactions described in footnotes 2 and 4, and so after the transactions reported in this Form 4, 12,725 shares of Class A Common Stock were held.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $33.04 to $34.03, inclusive. 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.
F5 Shares of Class C common stock of the Issuer ("Class C Common Stock") have one vote per share but no economic rights (including rights to dividends and distributions upon liquidation) and are issued in an equal amount to the number of non-voting common interest units ("Common Units") of Alclear Holdings, LLC ("Alclear") held.