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Clear Secure CEO Caryn Seidman Becker sells $10.7 million in shares

Clear Secure CEO Caryn Seidman Becker sells $10.7 million in shares

Caryn Seidman Becker, CEO of Clear Secure Inc. (NYSE: YOU), recently sold a substantial amount of company shares, totaling around $10.7 million. This sale took place on November 4, 2026, through a pre-planned Rule 10b5-1 trading strategy that she established on March 12, 2026. The shares were traded at prices between $60.47 and $61.26, with a weighted average price of $60.47 per share.

She sold 165,395 shares of Class A Common Stock. Additionally, she sold an extra 10,701 shares at a higher weighted average price of $61.26 per share. Ms. Becker acquired these shares through an exchange mechanism with Alclear Holdings, LLC. Following these sales, she indirectly owns 151,787 shares of Class A Common Stock through Alclear Investments, LLC, a company she controls.

Despite the current stock price of $55.81, which is lower than her sale prices, the shares have still delivered a 57% return over the past year. Clear Secure is currently seen as fairly valued. The company reported impressive third-quarter 2026 results, surpassing Wall Street's expectations with adjusted earnings of $0.52 per share and revenue of $292.9 million, marking a 27.8% year-over-year growth.

The adjusted EBITDA margin expanded to 35.5%. Goldman Sachs raised its price target for Clear Secure from $66 to $80, citing strong performance in bookings, revenue, and member acquisition.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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