$YOU

Barkin Michael Z sold $650K of YOU

Barkin Michael Z (President) sold 11,550 shares of Clear Secure, Inc. (YOU) at $56.29 ($0.65M total) on 2026-05-28 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Barkin Michael Z
Published May 29, 2026, 8:30 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI May 29, 2026, 8:37 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$YOU
Neutral
medium confidence
Mentioned
$YOU
Relevance
6/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$YOUNeutralLow
01

Why it matters

The disclosure updates the record of insider ownership and can influence sentiment, but it does not introduce new business, regulatory, or financial information.

02

Market read

Insider selling is disclosed at $56.29/share with holdings after the trade of 22,994 shares; the 10b5-1 qualifier reduces fundamental interpretability.

03

What to watch

Traders may over-weight insider sales; the key missing piece is whether there were concurrent insider buys or changes in total insider ownership beyond this single transaction.

Relevance 6/10Novelty 5/10Timing: SEC Form 4 filed today; sale executed 2026-05-28

Background

The article is an SEC EDGAR Form 4 disclosure for an officer/director insider transaction in Clear Secure, Inc. (YOU).

Company-level read

Ticker impact

$YOUNeutralMedium confidence
Context

Clear Secure President Michael Z Barkin sold 11,550 shares in an open-market transaction disclosed via SEC Form 4.

Expected impact

Limited/short-lived impact; any reaction is likely sentiment-driven rather than fundamental.

Evidence & confidence

The filing specifies a pre-arranged Rule 10b5-1 plan, reducing the likelihood of information leakage; the article provides only the sale details, not new operating or financial developments.

Market effects

Minimal; this is company-specific insider activity with no stated sector-wide catalyst.

None indicated.

None indicated.

Counterpoint

Because the sale is explicitly under a 10b5-1 plan, it may reflect routine liquidity needs rather than bearish expectations.

Key entities

  • Clear Secure, Inc.

    Subject of the SEC Form 4 insider transaction disclosure.

  • Michael Z Barkin

    President; sold 11,550 shares under a pre-arranged Rule 10b5-1 plan.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$YOUMedAI 8/10

DA Davidson cuts Clear Secure stock price target on weaker TSA data

DA Davidson reduced its price target for Clear Secure (NYSE:YOU) to $45 from $55, citing weaker TSA checkpoint data. The stock trades at $42.58. TSA traffic declined 4.4% year-over-year in August, with Q3-to-date volumes down 2.8%. Despite this, Clear Secure reported strong Q2 earnings, exceeding estimates with $0.49 EPS and $277.8M revenue. JPMorgan initiated coverage with an overweight rating and $55 target.

$YOUMed

Clear Secure’s (YOU) Profits Are Soaring While Growth Signals Cool

Clear Secure (YOU) reported Q2 revenue of $277.8M, up 26.6% YoY, with bookings up 32.8%. Operating income reached $83M, a 29.9% margin. The company raised its full-year free cash flow target to at least $480M. However, Q3 guidance suggests slower growth, with revenue and bookings growth expected to decelerate to 24.6% and 20.5%, respectively. Hedge fund ownership and share repurchases have declined, while short interest stands at 15.62% of the float.

$YOUMed

Clear Secure (YOU) Q2 2026 Earnings Call Transcript

Clear Secure (YOU) held its Q2 2026 earnings call, citing a 36.4% adjusted EBITDA margin and $189 million free cash flow, up 60% year over year. Revenue rose 26.6% to $277.8 million, and bookings grew 32.8% to $295.9 million. The company said CLEAR Travel network expanded to 62 airports, with 8.3 million active CLEAR+ members, and it raised standard pricing to $219 effective July 1.

$YOUHighAI 9/10

CLEAR Secure Q2 Earnings Call Highlights

CLEAR Secure reported Q2 operating income of $83M and adjusted EBITDA of $101.1M, with about 900 bps adjusted EBITDA margin expansion. eGates covered over 70% of its network at quarter-end. CLEAR raised standard membership pricing to $219 from July 1. Q3 revenue guidance is $284M to $287M, bookings $311M to $316M, and FY2026 free cash flow at least $480M.

$YOUMed

Clear Secure, Inc. Q2 2026 Earnings Call Summary

Clear Secure, Inc. reported Q2 2026 results highlighted by 33% higher bookings and record free cash flow, with adjusted EBITDA margin of 36.4%. Full-year 2026 free cash flow guidance was raised to at least $480 million. Management cited a July 1 price increase to $219, eGates coverage over 70%, and a $315 million partnership liability settlement in Q3.

$YOUMed

Clear revenue, subscribers up, biometric eGates reach 50 airports

Clear said it completed biometric eGate launches at 50 airports and expects to finish rolling out across its network this year. The company reported Q2 fiscal 2026 revenue of $277.8 million, up 26.6% year over year, with net earnings of $72.3 million, or $0.50 per share. Clear also raised full-year free cash flow guidance, with total and active memberships increasing.