Hollister Kathryn A 4

What Happened

• Kathryn A. Hollister, a director of Clear Secure, Inc. (YOU), was granted a total of 5,330 restricted stock units (RSUs) on June 10, 2026. The grant breaks down into 4,194 RSUs reported at $0.00 and 1,136 RSUs reported at $57.23 per share (total value $65,013). These are derivative awards (transaction code A) representing a contingent right to receive shares upon vesting and were issued in lieu of cash board retainer.

Key Details

• Transaction date: June 10, 2026; Form 4 filed June 11, 2026 (timely).
• Grant details:
  • 4,194 RSUs @ $0.00 (derivative; contingent right to shares; see footnote F1).
  • 1,136 RSUs @ $57.23 = $65,013 (derivative; price is 20-trading-day average used to calculate RSUs; see footnote F2).
• Vesting:
  • The 4,194 RSUs vest upon the earlier of (i) June 10, 2027 or (ii) the issuer’s next annual meeting, generally subject to continued service (F1).
  • The 1,136 RSUs will vest in four quarterly installments starting September 30, 2026, generally subject to continued service (F2).
• Shares owned after transaction: Not disclosed in the filing.
• Filing notes: Awards reflect election to receive RSUs instead of cash retainer (routine board compensation); no 10b5-1 plan or tax-withholding sale indicated.

Context

• RSUs are derivative awards that convert to actual shares only upon vesting; they do not represent an immediate purchase or sale of stock. Awards issued as director compensation are common and typically routine, so they do not on their own signal insider buying or selling intentions.