Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTRobert Izquierdo, The Motley FoolFri, September 4, 2026 at 11:07 PM GMT+2 5 min readKyle McLaughlin, Executive Vice President of Aviation at Clear Secure, Inc. (NYSE:YOU), reported a sale of 9,192 shares of Class A Common Stock in a series of transactions on September 1 and September 3, 2026, according to a recent SEC Form 4 filing.Transaction summaryMetricValueTransaction value$401,690Shares sold9,192Post-transaction shares (directly held)29,519Post-transaction value$1.3 millionTransaction value based on SEC Form 4 weighted average sale price ($43.70); post-transaction value based on September 03, 2026 market close ($44.59).Key questionsWhat prompted this disposition of Class A Common Stock?The activity was triggered by the vesting of restricted stock units (RSUs) on September 1, 2026, which represents the final installment of a three-year award. A portion of the shares was withheld to cover tax liabilities, while the remaining balance was sold under a Rule 10b5-1 plan established on March 4, 2026.How has the stock performed leading up to this filing?Shares of the identity-verification platform provider have delivered a 24% return over the 12-month period ending on the transaction date. The EVP executed the open-market portion of the trade at $44.47 per share, while the stock was priced at $44.03 as of the September 2, 2026 market close.What is the extent of the insider's remaining direct equity exposure?Following these transactions, Kyle McLaughlin maintains a direct position of 29,519 shares. This holding represents a 0.0293% ownership stake in the $4.4 billion company.What does the use of a Rule 10b5-1 plan indicate?The plan allows for the automated execution of trades on predetermined dates, providing a structured mechanism for liquidity that is decoupled from the insider's immediate perception of the company's market valuation.Company OverviewMetricValueShare Price (as of market close 2026-09-02)$44.03Market Capitalization$4.4 billionRevenue (TTM)$1.0 billionNet Income (TTM)$147.9 millionCompany SnapshotClear Secure operates a sophisticated identity-verification platform with CLEAR Plus, a subscription service that provides expedited airport security access and streamlined identity enrollment, verification, and linking processes for its members.The company generates revenue primarily through recurring subscription fees from CLEAR Plus members, supplemented by identity verification services and expanded network offerings that enhance member value and retention.Clear Secure's primary customers are air travelers seeking expedited airport security experiences, with a target market of frequent flyers and business travelers who value time savings and predictable security processing.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info