Seidman Becker Caryn 4
4 · Clear Secure, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Clear Secure (YOU) CEO Caryn Seidman Becker Gifts 200,000 Shares
What Happened
Caryn Seidman Becker, CEO of Clear Secure, reported a series of internal transfers and a gift/donation of 200,000 shares. The filing shows a conversion of Class B common stock to Class A common stock (one-for-one), bookkeeping transfers between Alclear Investments, LLC and the reporting person, and a donated transfer of 200,000 shares to a 501(c)(3) charitable foundation. No cash was received for the gifted shares (reported value $0).
Key Details
- Transaction dates: March 12–13, 2026. Filing date: March 16, 2026.
- Reported actions (each for 200,000 shares): disposition to issuer (D), grant/award or other acquisition (A), two "other" acquisition/disposition entries (J) at $0, and a gift (G) at $0.
- Price / proceeds: $0 or N/A for the reported transfers; the gift generated no proceeds.
- Shares owned after transaction: not specified in the filing.
- Footnotes: (F1) Class B shares converted to Class A one-for-one; (F2) Class B had 20 votes per share; (F3–F4) Alclear Investments, LLC is controlled by Ms. Seidman Becker and transferred shares for no value to the reporting person (reported as a change in form of beneficial ownership under Rule 16a‑13); (F5) the 200,000-share transfer was a gift/donation to a 501(c)(3) foundation.
- Timing: filing covers 3/12–3/13 transactions and was filed 3/16/2026 (within the typical two-business-day reporting window).
Context
Gifts of shares are not a market signal of buying or selling intent; they are transfers for estate planning or charitable purposes. The filing documents internal reclassification and transfers between the CEO and her controlled LLC, plus the charitable donation; there were no cash proceeds and no exercise of options involved.
Insider Transaction Report
- Disposition to Issuer
Class B Common Stock
[F1][F2][F3]2026-03-12−200,000→ 151,787 total(indirect: See footnote) - Award
Class A Common Stock
[F1][F3]2026-03-12+200,000→ 200,000 total(indirect: See footnote) - Other
Class A Common Stock
[F4][F3]2026-03-13−200,000→ 0 total(indirect: See footnote) - Other
Class A Common Stock
[F4]2026-03-13+200,000→ 200,000 total - Gift
Class A Common Stock
[F5]2026-03-13−200,000→ 0 total
Footnotes (5)
- [F1]Pursuant to the terms of the Issuer's Certificate of Incorporation, each share of Class B common stock of the Issuer ("Class B Common Stock") was converted into a share of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis.
- [F2]Shares of Class B Common Stock have 20 votes per share and economic rights (including rights to dividends and distributions upon liquidation).
- [F3]Alclear Investments, LLC is controlled by Ms. Seidman Becker, its sole manager, who has dispositive control and voting control over the shares held by Alclear Investments, LLC.
- [F4]Represents a transfer for no value from Alclear Investments, LLC to the reporting person in connection with the gift transactions reported herein. The reporting person believes that the transfer constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.
- [F5]This transaction represents a gift / donation to a 501(c)(3) charitable foundation. No value was received for the gifted shares.