[144] Archer Aviation Inc. SEC Filing
Rhea-AI Filing Summary
Archer Aviation Inc. (ACHR) submitted a Form 144 notifying the proposed sale of 42,775 Class A shares through Fidelity Brokerage Services on the NYSE with an aggregate market value of $420,456.87 and an approximate sale date of 08/18/2025. The shares were acquired on 08/15/2025 upon restricted stock vesting from the issuer and the consideration is recorded as compensation. The filer reports no securities sold in the past three months and includes the standard attestation regarding absence of undisclosed material adverse information.
Positive
- Disclosure of planned sale: Form 144 identifies the sale of 42,775 Class A shares with an aggregate market value of $420,456.87.
- Acquisition transparency: The filing specifies shares were acquired by restricted stock vesting on 08/15/2025 and paid as compensation.
- Compliance: Broker, exchange (NYSE), and planned sale date (08/18/2025) are provided, satisfying Rule 144 disclosure elements.
Negative
- None.
Insights
TL;DR: Insider plans to sell vested restricted shares worth $420K; routine disclosure with limited near-term market impact.
The Form 144 shows a proposed sale of 42,775 Class A shares valued at $420,456.87 through Fidelity on NYSE, with acquisition by restricted stock vesting and payment characterized as compensation. The filing confirms no sales in the prior three months and includes the attestation required by Rule 144. This is a standard compliance disclosure documenting a near-term sale of vested equity rather than an open-market liquidity event tied to other transactions.
TL;DR: Filing meets Rule 144 disclosure requirements; attestation and trading plan language are in place.
The notice provides required information: broker details, number of shares, aggregate value, acquisition date and nature (restricted stock vesting), and planned sale date. The signer affirms lack of undisclosed material information and references Rule 10b5-1 plan language if applicable. From a governance perspective, the document is a routine transparency filing by an insider disposing of vested compensation shares.