Clear Secure, Inc.·4

Feb 27, 7:47 PM ET

Wiener Adam 4

Research Summary

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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).