Wiener Adam 4
4 · Clear Secure, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Clear Secure (YOU) Director Adam Wiener Sells $1.53M in Stock
What Happened
Adam Wiener, a director of Clear Secure, sold a total of 33,000 shares in open-market transactions on Feb 25–26, 2026. The filing lists: 10,000 shares at $45.00 (≈ $450,000), 8,000 shares at $40.66 (≈ $325,280), and 15,000 shares at $50.00 (≈ $750,000), for total gross proceeds of about $1,525,280. These were outright sales (not purchases or option exercises); sales are often routine portfolio transactions rather than direct signals about company performance.
Key Details
- Transaction dates: Feb 25, 2026 (two tranches) and Feb 26, 2026 (one tranche).
- Prices and values: 10,000 @ $45.00 ($450,000); 8,000 @ $40.66 ($325,280); 15,000 @ $50.00 (~$750,000); total ≈ $1,525,280.
- Footnotes: Filing indicates at least one sale was automatically effected under a Rule 10b5-1 trading plan (adopted Dec 16, 2024). Two tranches report weighted-average prices across multiple executions (one ranged $45.00–$45.04; another ranged $50.00–$50.025).
- Shares owned after the transactions: not specified in the details provided here — check the full Form 4 for post-sale holdings.
- Filing: Form 4 was filed Feb 27, 2026 (appears timely based on transaction dates).
Context
Sales executed under a prearranged 10b5-1 plan are automatic and generally planned in advance, which can reduce the implication that the insider acted on nonpublic information. These were open-market sales (code S) — no option exercises, grants, or gifts are reported in this filing. For full specifics (exact post-sale holdings and per-trade execution breakdowns), consult the complete Form 4 (accession 0000950142-26-000559).
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-02-25$45.00/sh−10,000$450,000→ 155,634 total - Sale
Class A Common Stock
[F1]2026-02-25$40.66/sh−8,000$325,280→ 147,634 total - Sale
Class A Common Stock
[F1][F3]2026-02-26$50.00/sh−15,000$750,000→ 132,634 total
Footnotes (3)
- [F1]This transaction was automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on December 16, 2024.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $45.00 to $45.04, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $50.00 to $50.025, inclusive.