$YOU

Liu Dennis W. sold $94K of YOU

Liu Dennis W. (Chief Accounting Officer) sold 2,104 shares of Clear Secure, Inc. (YOU) at $44.47 on 2026-09-03 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Liu Dennis W.
Published Sep 4, 2026, 12:38 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 4, 2026, 1:05 AM 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
high confidence
Mentioned
$YOU
Relevance
2/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$YOUNeutralLow
01

Why it matters

The disclosed sale is modest and unlikely to affect Clear Secure's valuation.

02

Market read

A routine insider sale with minimal market impact.

03

What to watch

Potential cumulative effect of multiple insider sales if they continue.

Relevance 2/10Novelty 4/10Timing: filing date 2026-09-03

Background

Form 4 filings disclose insider trades; a 10b5‑1 plan indicates pre‑arranged sales.

Company-level read

Ticker impact

$YOUNeutralHigh confidence
Context

Chief Accounting Officer Liu Dennis W. sold 2,104 shares of Clear Secure for $93,564.88 via a 10b5‑1 plan.

Expected impact

Potential slight downward pressure, but unlikely to move the stock materially.

Evidence & confidence

The sale size (~$94K) is small relative to market cap and represents a routine 10b5‑1 execution.

Market effects

None; insider sale does not affect sector dynamics.

None; company is US‑based with limited regional relevance.

Low; isolated insider transaction.

Counterpoint

If the insider had insider knowledge, the sale could hint at upcoming weakness.

Key entities

  • Clear Secure, Inc.

    Issuer of the securities sold.

  • Liu Dennis W.

    Chief Accounting Officer executing the sale.

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.