Lynn Haaland, who serves as General Counsel and Chief Privacy Officer at Clear Secure, Inc. (NYSE: YOU), reported the sale of 15,533 shares of the company’s Class A common stock on February 25, 2026, according to a Form 4 filed with the Securities and Exchange Commission.
The disposition was carried out in two tranches: 7,766 shares sold at $44.00 per share and 7,767 shares sold at $46.00 per share, resulting in total proceeds of $698,986. Following these transactions, Haaland is recorded as directly owning 7,767 shares of Clear Secure.
A footnote in the Form 4 indicates the trades were automatically executed pursuant to a Rule 10b5-1 trading plan that Haaland adopted on September 2, 2025.
Market context
At the time of the filing, Clear Secure shares were trading at $48.64, placing the stock near its 52-week high of $50.46. The company’s shares have gained roughly 111% over the past year. InvestingPro analysis included in the filing describes the stock as slightly overvalued relative to its Fair Value, with a reported price-to-earnings ratio of 42.23.
Investors are also offered access to additional InvestingPro content, including one of 10 extra InvestingPro Tips and a dedicated Pro Research Report for Clear Secure, according to the material accompanying the filing.
Company financials and analyst reaction
Clear Secure reported fourth-quarter 2025 results that exceeded consensus expectations. The company posted earnings per share of $0.31, above the anticipated $0.28, and generated revenue of $240.8 million versus a forecast of $235.86 million.
Following the results, several brokerages adjusted their price targets. Stifel raised its target to $51 while maintaining a Hold rating. DA Davidson lifted its target to $54 and kept a Buy rating. Telsey increased its target to $55, pointing to growth potential tied to the company’s biometric digital identity verification technology. Goldman Sachs established a new target at $61, citing operational metrics and improvements in customer service.
These analyst moves accompany the company’s reported quarter-to-quarter momentum and underscore the market’s focus on Clear Secure’s biometric identity offerings and operational performance.
Takeaway
The insider sale by Haaland was executed under a pre-established trading plan and comes amid elevated share prices and stronger-than-expected quarterly results. The transaction, together with analyst updates and the company’s reported metrics, contributes to ongoing investor assessment of Clear Secure’s valuation and growth prospects in the biometric identity sector.