McLaughlin Kyle 4

What Happened

• Kyle McLaughlin, EVP, Aviation at Clear Secure, Inc. (YOU), was granted two equity awards on 2026-03-10: 27,999 restricted stock units (RSUs) and 13,999 performance RSUs (PSUs). Both grants are reported as derivative awards with a reported acquisition price of $0.
• The RSUs convert to shares upon vesting and the PSUs represent a contingent right to shares based on performance; the PSUs shown are the minimum number that can be earned and may increase depending on results.

Key Details

• Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (timely).
• Transaction code: A (Award/Grant); reported price per unit: $0 (typical for RSU/PSU grants).
• RSU vesting: 27,999 RSUs vest in equal annual installments on March 10, 2027, 2028 and 2029, generally subject to continued service (Footnote F1).
• PSU vesting: 13,999 PSUs cliff vest on March 10, 2029 following a three-year performance period ending 12/31/2028; actual payout may be higher based on performance (Footnote F2).
• Shares owned after the transaction: not specified in the filing.

Context

• These are compensation awards (not open-market purchases or sales) intended for retention/incentive; they do not represent an immediate cash investment by the insider.
• PSUs are performance-based: the reported 13,999 is the minimum target—final shares delivered could be higher if performance metrics are met.