Clear Secure CAO Dennis Liu sells $93,564 of stock

Clear Secure CEO Dennis Liu sold 2,104 shares of the company's stock on September 3, 2026, for a total of $93,564. The sale, conducted through a pre-established trading plan, occurred at a price near the current market rate of $44.47. Following the transaction, Liu still holds 15,870 shares of Clear Secure. Meanwhile, on a separate occasion, Liu disposed of 3,955 shares on September 1, 2026, to fulfill tax requirements related to the vesting of restricted stock units.

Liu subsequently purchased 10,969 shares of Class A Common Stock on the same day due to the vesting schedule of the same restricted stock units. These transactions transpired under Clear Secure's Rule 10b5-1 trading plan, which Liu had established on May 14, 2026. Despite a recent 7% decline in stock price, Clear Secure's shares remain priced below their estimated fair value.

The company's market capitalization stands at $6.03 billion, and it has delivered a 28% return year-to-date. JPMorgan has recently taken note of Clear Secure's performance, initiating coverage with an "overweight" rating and setting a price target of $55.00, reflecting optimism about the company's future growth, particularly in its Clear Plus membership and CLEAR1 enterprise identity platform.