Clear Secure Director Peter Scher Receives RSU Shares

What Happened

• Peter Scher, a director of Clear Secure, Inc. (ticker: YOU), received 5,636 shares on August 1, 2026 following the vesting and conversion of restricted stock units (RSUs). The reported grant/award and the related exercise/conversion were both recorded at $0 per share, resulting in no cash consideration in the transaction.

Key Details

• Transaction date: August 1, 2026.
• Reported entries: Award/Grant (code A) — 5,636 shares @ $0.00; Exercise/Conversion of derivative (code M) — 5,636 shares @ $0.00.
• Reported value: $0 (shares issued upon RSU vesting/conversion).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: These shares reflect vested RSUs. One-third vested on Aug 1, 2025; one-third vested on Aug 1, 2026 (this transaction); the final one-third is scheduled to vest on Aug 1, 2027.
• Filing: Form 4 filed on Aug 3, 2026 (covers period of report Aug 1, 2026) — filed within the typical 2-business-day reporting window.

Context

• The "M" code indicates conversion/exercise of a derivative — here, RSUs converting into common shares upon vesting. This is a compensation-related issuance, not an open-market purchase or sale, and therefore is a routine vesting event rather than a direct market sentiment indicator.