Dennis W. Liu, Chief Accounting Officer of Clear Secure, Inc., filed a Form 4 on November 6, 2026, disclosing two open-market sales of Class A Common Stock executed on November 4, 2026, under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Dennis W. Liu, identified in the filing as Chief Accounting Officer of Clear Secure, Inc. (NYSE:YOU).
  • First sale: 1,403 shares of Class A Common Stock disposed of at $62 per share on November 4, 2026.
  • Second sale: 2,104 shares of Class A Common Stock disposed of at $58 per share on November 4, 2026.
  • Remaining holdings: Liu directly held 12,363 shares of Class A Common Stock following the reported transactions, according to the filing.
  • Trading plan: Both transactions were executed automatically pursuant to a Rule 10b5-1 plan adopted by Liu on May 14, 2026.
  • Transaction codes: Both sales are coded "S" in the filing, indicating open-market sales.

Details of Dennis W. Liu's Class A Common Stock Sales at Clear Secure

According to the Form 4 filed with the SEC on November 6, 2026, Dennis W. Liu, Chief Accounting Officer of Clear Secure, Inc., disposed of a combined 3,507 shares of Class A Common Stock across two separate transactions on November 4, 2026. The first transaction involved 1,403 shares sold at $62 per share, reducing his directly held position from 15,870 shares to 14,467 shares. The second transaction involved 2,104 shares sold at $58 per share, further reducing his directly held position to 12,363 shares.

The filing discloses that both sales were "automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on May 14, 2026." Rule 10b5-1 plans allow corporate insiders to establish pre-scheduled trading arrangements at a time when they are not in possession of material nonpublic information. The form was signed by Emma Barnett Bauman as Attorney-in-Fact on November 6, 2026.

No derivative securities transactions were reported in Table II of the filing. All shares reported are held directly by Liu, and no indirect ownership is noted. The filing was submitted as an individual report by one reporting person and is not an amendment to a prior filing.

What Was Disclosed

Clear Secure's Chief Accounting Officer Dennis W. Liu reported two disposals of Class A Common Stock on November 4, 2026, totaling 3,507 shares at prices of $62 and $58, executed under a 10b5-1 plan adopted May 14, 2026. His directly held position following both transactions stands at 12,363 shares.