Collins Tomago 4

What Happened

• Tomago Collins, a director of Clear Secure, received 6,741 shares on 2026-06-05 when restricted stock units (RSUs) vested and were converted into Class A common stock. The filing shows the shares issued at $0.00 (no cash paid).

Key Details

• Transaction date: 2026-06-05; Transaction type: conversion/exercise of derivative (code M).
• Shares issued (acquired): 6,741 at $0.00; a matching derivative disposition of 6,741 is also reported in the filing.
• Total cash value reported in the Form 4: $0 (the issuance reflects vesting/conversion, not a market purchase).
• Footnote F1 clarifies these shares were issued upon RSU vesting; each RSU represents a contingent right to a share generally subject to continued service.
• Filing timeliness: report filed same day (2026-06-05); not indicated as late.
• Shares owned after the transaction: not specified in this Form 4.

Context

• This was an award/vesting event (RSU conversion), not an open-market purchase or sale. Such transactions commonly reflect compensation vesting rather than a bullish or bearish trading decision by the insider.
• For derivative transactions like this, Form 4 entries can show both the acquisition of shares (issue upon vesting) and a corresponding derivative disposition; the footnote here explains the mechanics.