SEC Form 4 · accession 0001869246-26-000007
Clear Secure, Inc. · YOU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alclear Investments, LLC
Director · 10% Owner · Other
Period of report
Jun 25, 2026
Accepted (ET)
Jun 26, 2026 · 8:25 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001856314
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2,F3 | Jun 25, 2026 | S | 34,309 | $53.11 | D | 0 | D | |
| Class D Common StockF4,F5 | Jun 26, 2026 | D | 34,309 | — | D | 18,380,246 | D | |
| Class B Common StockF4,F6 | Jun 26, 2026 | A | 34,309 | — | A | 186,096 | D | |
| Class B Common StockF3,F6 | Jun 26, 2026 | D | 34,309 | — | D | 151,787 | D | |
| Class A Common StockF3 | Jun 26, 2026 | A | 34,309 | — | A | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-voting common units of Alclear Holdings, LLCF4 | — | Jun 26, 2026 | D | 34,309 | D | — | — | Class B Common Stock and Class A Common Stock | 34,309 | 18,380,246 | D |
Explanation of responses
- F1These transactions were automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on March 12, 2026.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $53.00 to $53.44, 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.
- F3Pursuant 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.
- F4Pursuant 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.
- F5Shares 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.
- F6Shares of 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.