Alclear Investments, LLC 4

What Happened Alclear Investments, LLC (reported as a 10% owner and linked to Caryn Seidman‑Becker) sold a total of 174,324 shares of Clear Secure, Inc. (YOU). On 2026-03-04 it sold 152,513 shares at a weighted average price of $48.41 (proceeds $7,383,154) and 21,811 shares at a weighted average price of $49.24 (proceeds $1,073,974), for aggregate proceeds of approximately $8,457,128. Additional filings on 2026-03-05 reflect related conversions/exchanges and settlement entries (including a derivative disposition) used to effect the settlement of the sale.

Key Details

• Transaction dates: Mar 4, 2026 (open‑market/private sales) and Mar 5, 2026 (disposition/settlement entries).
• Prices/ranges: weighted averages $48.41 and $49.24; shares were sold across ranges $48.00–$48.99 and $49.00–$49.75 per footnotes.
• Total shares sold: 174,324; total proceeds ≈ $8.46 million.
• Shares owned after transaction: footnote states no Class A common stock is held after these transactions. The reporting person may still hold other equity units or share classes per the filing.
• Notable footnotes: transactions were automatically effected under a Rule 10b5‑1 trading plan (adopted Nov 20, 2025). Several entries reflect conversion/exchange mechanics between Common Units, Class D, Class B and Class A shares used to settle the sale. One entry is a derivative disposition.
• Timeliness: Form 4 was filed on Mar 6, 2026 for Mar 4–5 transactions (filed within the standard Form 4 timing requirements).

Context

• This was a sale (disposition) executed under a pre-established 10b5‑1 plan, which typically indicates planned, automated trading rather than an ad hoc signal of insider sentiment.
• As a 10% owner (an institutional/major holder) rather than an individual executive trade, the filing shows institutional-level rebalancing/settlement activity and related share‑class conversions.
• The filing’s footnotes explain the corporate mechanics (class conversions and exchange rights) that caused multiple grant/disposition entries; these are settlement and conversion technicalities rather than new purchases or option exercises.