Michael Z. Barkin - 21 Aug 2025 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Reporting relationship: President, Director
Issuer ticker: YOU
Reported as of: 21 Aug 2025
Net transaction value: -$703,570
SEC form: 4
Accepted by SEC: 25 Aug 2025, 19:27:31 UTC
Prior SEC filing: 07 Aug 2025
Next SEC filing: 03 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Lynn Haaland, Attorney-in-Fact

Key filing fact

Michael Z. Barkin filed Form 4 for Clear Secure, Inc. (YOU) on 25 Aug 2025.

Key facts

This page summarizes Michael Z. Barkin's Form 4 filing for Clear Secure, Inc. (YOU).
8 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 25 Aug 2025, 19:27.

Change

Previous filing in this sequence was filed on 07 Aug 2025.
Current net transaction value: -$703,570.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001571970 Primary reporting owner

Barkin Michael Z

Relationship: President, Director
Address: 85 10TH AVE., 9TH FLOOR, NEW YORK
Signature: /s/ Lynn Haaland, Attorney-in-Fact
Signature date: 25 Aug 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

YOU transaction

Class A Common Stock

Sale

Transaction value: $138,290
Shares: -3,950
Change %: -24%
Price: $35.01
Shares after: 12,725
Date: 21 Aug 2025
Ownership: Direct
Footnotes: F1, F2, F3

YOU transaction

Class C Common Stock

Disposed to Issuer

Transaction value
Shares: -3,950
Change %: -2.8%
Price
Shares after: 139,229
Date: 22 Aug 2025
Ownership: Direct
Footnotes: F3, F4

YOU transaction

Class A Common Stock

Award

Transaction value
Shares: +3,950
Change %: +31%
Price
Shares after: 16,675
Date: 22 Aug 2025
Ownership: Direct
Footnotes: F3

YOU transaction

Class A Common Stock

Sale

Transaction value: $565,281
Shares: -16,050
Change %: -56%
Price: $35.22
Shares after: 12,725
Date: 22 Aug 2025
Ownership: Direct
Footnotes: F1, F3, F5

YOU transaction

Class C Common Stock

Disposed to Issuer

Transaction value
Shares: -16,050
Change %: -12%
Price
Shares after: 123,179
Date: 22 Aug 2025
Ownership: Direct
Footnotes: F3, F4

YOU transaction

Class A Common Stock

Award

Transaction value
Shares: +16,050
Change %: +126%
Price
Shares after: 28,775
Date: 22 Aug 2025
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

YOU transaction Derivative

Non-voting common units of Alclear Holdings, LLC

Disposed to Issuer

Transaction value
Shares: -3,950
Change %: -2.8%
Price
Shares after: 139,229
Date: 22 Aug 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 3,950
Exercise price
Footnotes: F3

YOU transaction Derivative

Non-voting common units of Alclear Holdings, LLC

Disposed to Issuer

Transaction value
Shares: -16,050
Change %: -12%
Price
Shares after: 123,179
Date: 22 Aug 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 16,050
Exercise price
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 5 footnotes

Footnote F1

This transaction was automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on September 12, 2024.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $35 to $35.05, 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.

Footnote F3

Pursuant to the terms of the Exchange Agreement, dated June 29, 2021, by and among the Issuer, Alclear Holdings, LLC ("Alclear") and the equityholders of Alclear (the "Exchange Agreement"), non-voting common interest units ("Common Units") of Alclear, together with a corresponding number of shares of Class C common stock of the Issuer ("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 5, and so after the transactions reported in this Form 4, 12,725 shares of Class A Common Stock were held.

Footnote F4

Shares of 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 Common Units held.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $35 to $35.42, 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.