Barkin Michael Z 4
Research Summary
AI-generated summary
Clear Secure (YOU) President Michael Z. Barkin Sells 11,550 Shares
What Happened Michael Z. Barkin, President and a director of Clear Secure, Inc. (YOU), disposed of 11,550 shares on 2026-05-28 at $56.29 per share, generating proceeds of approximately $650,150. This was a sale (not a purchase) and therefore generally regarded as a routine disposition rather than a bullish insider buy.
Key Details
- Transaction date and price: 2026-05-28 — 11,550 shares sold at $56.29 each.
- Total proceeds: ~$650,150.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing: Form 4 filed 2026-05-29 (timely; Form 4s are typically due within two business days).
- Footnote: Transaction was automatically effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2026 (F1).
Context
- 10b5-1 plans allow insiders to pre-set trades to reduce timing concerns; sales under such plans are generally viewed as pre-arranged and not necessarily indicative of the insider’s current view of the company.
- This report documents a sale (S code). No options exercises, grants, or gifts are reported in the provided transaction.