Alclear Investments, LLC - 12 Dec 2025 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Role
Director, Other*, 10%+ Owner
Signature
/s/ Lynn Haaland, Attorney-in-Fact
Issuer symbol
YOU
Transactions as of
12 Dec 2025
Net transactions value
-$20,435,652
Form type
4
Filing time
16 Dec 2025, 20:21:31 UTC
Previous filing
11 Sep 2025
Next filing
04 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Alclear Investments, LLC Director, Other*, 10%+ Owner 85 10TH AVE., 9TH FLOOR, NEW YORK /s/ Lynn Haaland, Attorney-in-Fact 16 Dec 2025 0001869246

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YOU Class A Common Stock Sale $11,480,649 -283,263 -57% $40.53 216,737 12 Dec 2025 Direct F1, F2, F3
transaction YOU Class A Common Stock Sale $8,860,458 -214,487 -99% $41.31 2,250 12 Dec 2025 Direct F1, F3, F4
transaction YOU Class A Common Stock Sale $94,545 -2,250 -50% $42.02 2,250 12 Dec 2025 Direct F1, F3, F5
transaction YOU Class D Common Stock Disposed to Issuer -500,000 -2.5% 19,130,246 16 Dec 2025 Direct F6, F7
transaction YOU Class B Common Stock Award +500,000 +142% 851,787 16 Dec 2025 Direct F7, F8
transaction YOU Class B Common Stock Disposed to Issuer -500,000 -59% 351,787 16 Dec 2025 Direct F3, F8
transaction YOU Class A Common Stock Award +500,000 +22222% 502,250 16 Dec 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 -500,000 -2.5% 19,130,246 16 Dec 2025 Class B Common Stock and Class A Common Stock 500,000 Direct F7
* 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 These transactions were automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on September 13, 2024.
F2 These shares were sold in multiple transactions ranging from $40.00 to $40.99. 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 set forth in this footnote and in footnotes 4 and 5.
F3 Pursuant to the terms of the Issuer's Certificate of Incorporation, each share of Class B common stock of the Issuer ("Class B Common Stock") was converted into a share of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis. The resulting shares of Class A Common Stock were used to settle the sale transaction described above, and so after the transactions reported in this Form 4, no shares of Class A Common Stock are held.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $41.00 to $41.99, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $42.00 to $42.06, inclusive.
F6 Shares of Class D Common Stock have 20 votes 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 Common Units held.
F7 Pursuant to the terms of the Exchange Agreement, dated June 29, 2021, by and among the Issuer, Alclear and the equity holders of Alclear (the "Exchange Agreement"), Common Units, together with a corresponding number of shares of Class D Common Stock, were exchanged for Class B Common Stock on a one-for-one basis. The exchange rights under the Exchange Agreement do not expire.
F8 Shares of Class B common stock of the Issuer ("Class B Common Stock") have 20 votes per share and economic rights (including rights to dividends and distributions upon liquidation).

Remarks:

By virtue of its relationship with Ms. Caryn Seidman-Becker, the sole manager of Alclear Investments, LLC, and equityholder of Alclear Investments, LLC, the reporting person may be deemed a director by deputization.