Clear Secure (YOU) Director Kathryn A. Hollister Receives 284 Shares

What Happened
Kathryn A. Hollister, a director of Clear Secure, received 284 shares on 2026-09-30 following the vesting/conversion of restricted stock units (RSUs). The shares were issued at $0.00 to Hollister (no cash paid) as these RSUs were granted in lieu of cash director retainer payments and vest quarterly. The filing shows the conversion of the derivative RSU into 284 shares (transaction code M).

Key Details

• Transaction date: 2026-09-30
• Transaction type: RSU vesting / conversion of a derivative (Form 4 code M) — 284 shares acquired at $0.00.
• The filing also lists a corresponding derivative disposal line reflecting the conversion of the RSU into common stock.
• Footnote: RSUs were received in lieu of cash retainer payments and vest quarterly.
• Shares owned after the transaction: Not specified in the provided filing.
• Filing timeliness: Reported with Period of Report 2026-09-30 and filed 2026-09-30 (appears timely).

Context
RSU vesting for board members is a common, routine form of compensation and does not by itself indicate a buy or sell signal. The M code here denotes the conversion/exercise of a derivative (the RSU) into underlying shares; no immediate sale was reported in this filing. For retail investors, such director retainer issuances are typically administrative/compensation events rather than a direct signal of insider sentiment.