---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-162657"
form_type: "8-K"
ticker: "YOU"
cik: "0001856314"
company_name: "Clear Secure, Inc."
filed_at: "2023-06-07T23:59:59+00:00"
generated_at: "2026-06-14T06:03:57.051052+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Clear Secure amends operating agreement to modify tax distribution timing and amount

## Summary
- Amendment to Alclear Holdings LLC operating agreement changes timing and amount of Tax Distributions.
- Tax Distributions can now be made as needed to satisfy Clear Secure's tax liabilities and Tax Receivable Agreement obligations.
- Additional annual Tax Distributions will be calculated using New York City resident corporate tax rate.
- The amendment is effective June 7, 2023, and is a procedural governance change.

## SEC filing metadata
- accession: 0001193125-23-162657
- form_type: 8-K
- ticker: YOU
- cik: 0001856314
- company_name: Clear Secure, Inc.
- filed_at: 2023-06-07T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856314/000119312523162657/0001193125-23-162657-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856314/000119312523162657/d853507d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-162657
- JSON: https://secwatch.observer/filing/0001193125-23-162657.json
- Plain text: https://secwatch.observer/filing/0001193125-23-162657.txt

## Key facts
- Material Agreements
  Clear Secure, Inc. amended A&R Operating Agreement with Alclear Holdings, LLC (effective 2023-06-07).
  - Action: amendment
  - Counterparty: Alclear Holdings, LLC
  - Effective: 2023-06-07
  source text: On June 7, 2023, Clear Secure, Inc. (the “Company”), as Managing Member, amended and restated the Amended and Restated Operating Agreement of Alclear Holdings, LLC, dated as of June 29, 2021, among Alclear Holdings, LLC (“Alclear”), the Company and the other parties thereto (as amended and restated, the “A&R Operating Agreement”) in accordance with its terms to change the timing and amount of the Tax Distributions as defined and as calculated pursuant to Section 5.03(e) of the A&R Operating Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856314/000119312523162657/0001193125-23-162657-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.