Alclear Investments, LLC 4

What Happened Alclear Investments, LLC — a reported 10% owner of Clear Secure, Inc. (YOU) — sold a total of 212,538 shares in open‑market transactions on June 23–24, 2026 for approximately $11.31 million. The disclosed open‑market sales were 15,962 shares at a weighted average price of $53.13 (6/23) and 196,576 shares at a weighted average price of $53.21 (6/24). Several related entries reflect conversions/exchanges and dispositions to the issuer (including derivative-related entries) used to settle the sale per the issuer’s governing agreements. These sales were effected pursuant to a preexisting Rule 10b5‑1 trading plan.

Key Details

• Transaction dates: June 23, 2026 (15,962 shares @ $53.13, $848,061) and June 24, 2026 (196,576 shares @ $53.21, $10,459,809); total ≈ 212,538 shares for ≈ $11.31M.
• Weighted‑average price ranges reported: sales executed across multiple trades in $53.00–$53.44 and $53.00–$53.76 ranges (report discloses weighted averages; per footnotes full breakdown is available on request).
• Ownership after transaction: Form notes that, after the reported transactions, no Class A common stock was held by the reporting person (conversions/exchanges of Common Units/Class D and Class B share mechanics described in footnotes).
• Notable footnotes: trades were automatically effected under a 10b5‑1 plan adopted March 12, 2026; exchange/conversion mechanics and voting/economic rights of Class B/Class D shares are described in the filing (see F3–F6).
• Filing: Form 4 filed June 25, 2026 for transactions beginning June 23, 2026 (filed within the standard Form 4 reporting window).
• Reporter status: Alclear is a 10% owner (institutional holder). The filing remarks that, due to its relationship with Caryn Seidman Becker (sole manager and equityholder of Alclear), the reporting person may be deemed a director by deputization.

Context These entries are primarily sales executed under an established 10b5‑1 plan and include related corporate share‑conversion and settlement entries (derivative dispositions to the issuer). As a 10% owner (not a typical employee purchase), these disposals are institutional in nature and the filing is informational; it does not by itself indicate management sentiment.