Clear Secure, Inc.·4

Mar 12, 8:05 PM ET

Schlegel Jonathan 4

4 · Clear Secure, Inc. · Filed Mar 12, 2026

Research Summary

AI-generated summary of this filing

Updated

Clear Secure (YOU) Chief Security Officer Jonathan Schlegel Receives Awards

What Happened

  • Jonathan Schlegel, Chief Security Officer of Clear Secure, received equity awards on March 10, 2026: 14,933 restricted stock units (RSUs) and 7,466 performance-based RSUs (PSUs), reported as derivative awards at $0.00 (no cash paid). The two grants total 22,399 award units on the filing. RSUs convert to shares upon vesting; PSUs are contingent on performance and may pay out at a higher number if performance targets are met.

Key Details

  • Transaction date: 2026-03-10; Transaction code: A (award/grant); reported price: $0.00.
  • Award amounts: 14,933 RSUs (F1) and 7,466 PSUs (F2); combined = 22,399 units.
  • Vesting: RSUs vest in equal annual installments on Mar 10, 2027, 2028 and 2029 (subject to continued service). PSUs cliff vest on Mar 10, 2029 after a three‑year performance period ending Dec 31, 2028 (reported at the minimum shares that can be earned; actual payout may be higher based on performance).
  • Shares owned after transaction: not specified in the information provided in this summary.
  • Filing: Form 4 filed 2026-03-12 for the Mar 10, 2026 grants (filed promptly, not marked late).
  • Nature: These are awards (derivative grants), not open‑market purchases or sales.

Context

  • RSUs and PSUs are common compensation/retention tools; they do not immediately change public float until they vest and convert to shares. PSUs are performance-contingent, so final share delivery may differ from the initial grant amount.
  • For retail investors: awards signal company compensation policy and potential future dilution if/when awards vest and convert, but they are not direct bullish or bearish trades by the insider at time of grant.

Insider Transaction Report

Form 4
Period: 2026-03-10
Schlegel Jonathan
Chief Security Officer
Transactions
  • Award

    Restricted Stock Units

    [F1]
    2026-03-10+14,93314,933 total
    Class A Common Stock (14,933 underlying)
  • Award

    Performance Restricted Stock Units

    [F2]
    2026-03-10+7,4667,466 total
    Class A Common Stock (7,466 underlying)
Footnotes (2)
  • [F1]Represents restricted stock units ("RSUs"), each of which represents a contingent right to receive a share of Class A Common Stock of the Issuer following the vesting date. The RSUs will vest in equal annual installments on each of March 10, 2027, 2028 and 2029, generally subject to the reporting person's continued service.
  • [F2]Represents a grant of performance RSUs ("PSUs") at the minimum number of shares that can be earned. The PSUs will cliff vest on March 10, 2029 following determination of actual performance at the end of a three-year performance period ending December 31, 2028, generally subject to the reporting person's continued service. The amount of the PSUs that ultimately vests may be greater than the amount reported herein, based on such actual performance.
Signature
/s/ Lynn Haaland, Attorney-in-Fact|2026-03-12

Documents

1 file
  • 4
    es260751283_4-schlegel.xmlPrimary

    OWNERSHIP DOCUMENT