Henry Shawn 4

What Happened Henry Shawn, a director of Clear Secure, received 6,741 shares of Class A common stock on June 5, 2026. The Form 4 shows an "M" (exercise/conversion of derivative) acquisition of 6,741 shares at $0.00 and a corresponding disposition of 6,741 derivative units at $0.00—reflecting conversion of restricted stock units (RSUs) into common shares. This was an award/compensation event, not a market purchase or sale.

Key Details

• Transaction date: 2026-06-05; price per share reported: $0.00 (RSU conversion).
• Shares issued/received: 6,741 shares.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: F1 states these shares were issued following RSU vesting; each RSU is a contingent right to one share, typically subject to continued service.
• Filing timeliness: Report filed on 2026-06-05 covering the same date; no late filing indicated.

Context RSU vesting is a common form of executive/director compensation and does not represent an open-market purchase (which some investors view as a stronger bullish signal). The Form 4's "M" entries here simply document conversion of derivative awards (RSUs) into actual shares—no cash changed hands and no immediate sale was reported.