Seidman Becker Caryn 4
Research Summary
AI-generated summary
Clear Secure (YOU) CEO Caryn Seidman Becker Gifts 200,000 Shares
What Happened
Caryn Seidman Becker, CEO of Clear Secure, reported a series of internal transfers and a gift/donation of 200,000 shares. The filing shows a conversion of Class B common stock to Class A common stock (one-for-one), bookkeeping transfers between Alclear Investments, LLC and the reporting person, and a donated transfer of 200,000 shares to a 501(c)(3) charitable foundation. No cash was received for the gifted shares (reported value $0).
Key Details
- Transaction dates: March 12–13, 2026. Filing date: March 16, 2026.
- Reported actions (each for 200,000 shares): disposition to issuer (D), grant/award or other acquisition (A), two "other" acquisition/disposition entries (J) at $0, and a gift (G) at $0.
- Price / proceeds: $0 or N/A for the reported transfers; the gift generated no proceeds.
- Shares owned after transaction: not specified in the filing.
- Footnotes: (F1) Class B shares converted to Class A one-for-one; (F2) Class B had 20 votes per share; (F3–F4) Alclear Investments, LLC is controlled by Ms. Seidman Becker and transferred shares for no value to the reporting person (reported as a change in form of beneficial ownership under Rule 16a‑13); (F5) the 200,000-share transfer was a gift/donation to a 501(c)(3) foundation.
- Timing: filing covers 3/12–3/13 transactions and was filed 3/16/2026 (within the typical two-business-day reporting window).
Context
Gifts of shares are not a market signal of buying or selling intent; they are transfers for estate planning or charitable purposes. The filing documents internal reclassification and transfers between the CEO and her controlled LLC, plus the charitable donation; there were no cash proceeds and no exercise of options involved.