Clear Secure CEO Caryn Seidman Becker sells $19.8m stock on Aug 5 By Investing.com

Caryn Seidman Becker, Chief Executive Officer of Clear Secure, Inc. (), sold approximately $19.8 million worth of the company’s Class A Common Stock on August 5, 2026. These transactions were automatically executed under a Rule 10b5-1 trading plan, which was adopted by Ms. Seidman Becker on March 12, 2026.

A total of 323,904 shares of Class A Common Stock were sold at prices ranging from $60.52 to $68.45 per share. The sale prices were near the stock’s 52-week high of $69.07, following a remarkable 69% gain over the past year. The stock currently trades at $51.29, well below the CEO’s sale prices. According to InvestingPro analysis, Clear Secure shows strong momentum characteristics, with the platform revealing 7 additional key insights about the company’s financial health and valuation—including that the stock appears modestly undervalued at current levels.

The shares used to settle these sales were obtained through an exchange that occurred on August 6, 2026. On that date, Ms. Seidman Becker, through Alclear Investments, LLC, exchanged 323,904 non-voting common units of Alclear Holdings, LLC, along with a corresponding number of shares of Clear Secure’s Class C common stock, for an equal number of Class A Common Stock shares. Class C common stock carries one vote per share but no economic rights. Ms. Seidman Becker, as the sole manager of Alclear Investments, LLC, maintains dispositive and voting control over the shares held by the entity.

Following these transactions, Ms. Seidman Becker directly holds 630,890 shares of Class A Common Stock. She also indirectly beneficially owns 17,806,342 shares of Class C Common Stock and 17,806,342 non-voting common units of Alclear Holdings, LLC, which are convertible into Class A Common Stock on a one-for-one basis.

In other recent news, CLEAR reported robust second-quarter results for fiscal 2026, surpassing Wall Street’s expectations. The company achieved adjusted earnings of $0.49 per share, significantly higher than the projected $0.35, and revenue climbed to $277.8 million, exceeding forecasts of $269.71 million. The adjusted EBITDA margin reached 36.4%, surpassing the company’s long-term target of 35%, and free cash flow soared 60% from the previous year to a record $189 million. CLEAR highlighted strong momentum in its CLEAR Travel and CLEAR1 businesses, contributing to a 32.8% increase in total bookings, reaching $295.9 million. Operating income stood at $83 million, with adjusted EBITDA totaling $101.1 million. These developments indicate a positive trajectory for the company, with investors showing enthusiasm for the earnings beat and outlook. The company’s performance underscores its growth in the travel sector and early progress in its enterprise identity platform.

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