Seidman Becker Caryn 4

What Happened Caryn Seidman Becker, CEO of Clear Secure, was granted 186,660 restricted stock units (RSUs) reported on a Form 4 for a 2026-03-10 grant. The award is reported as a derivative grant at $0.00 (no cash exchanged); each RSU represents a contingent right to receive one share of Class A common stock upon vesting.

Key Details

• Transaction date: 2026-03-10 (Form 4 filed 2026-03-12).
• Grant: 186,660 RSUs @ $0.00 (transaction code A — Award/Grant).
• Vesting: RSUs vest in equal annual installments on March 10, 2027, 2028 and 2029, generally subject to continued service.
• PSUs: The filing notes separate performance RSUs (PSUs) granted at the same target number; PSUs cliff-vest after a three-year performance period ending 12/31/2028 and pay out 0%–200% of target based on performance.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Reported on 2026-03-12 for a 2026-03-10 grant (within the typical two-business-day window; timely).

Context RSU grants are compensation awards that convert to company shares only after vesting and do not involve an immediate purchase or sale of stock. They are a retention/compensation mechanism rather than a direct bullish market signal. Performance RSUs (PSUs) noted in the footnote could increase or decrease final share delivery depending on performance results.