[144] Archer Aviation Inc. SEC Filing
Rhea-AI Filing Summary
Archer Aviation Inc. (ACHR) filing a Form 144 notifies the market that a person associated with the issuer plans to sell 48,936 Class A shares through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $481,016.41 and an approximate sale date of 08/18/2025. The shares were acquired on 08/15/2025 upon restricted stock vesting and were received as compensation. The filing also reports a prior sale by Eric Lentell of 95,896 Class A shares on 06/30/2025 for gross proceeds of $1,016,497.60. The filer certifies no undisclosed material adverse information is known.
Positive
- None.
Negative
- None.
Insights
TL;DR Insider-restricted shares vested and are being sold; prior sales by the same person are disclosed.
The Form 144 documents a proposed sale of 48,936 Class A shares following restricted stock vesting, showing the transaction is compensation-related rather than an open-market purchase. The listing of the broker and the NYSE as the venue indicates a public market sale. Prior sale activity (95,896 shares on 06/30/2025) is reported, providing context for recent insider liquidity. This filing is procedural disclosure under Rule 144 and does not itself disclose company operational performance.
TL;DR The filing reflects compliance with disclosure rules for insider sales tied to vested compensation.
The notice shows the seller furnished required information about acquisition, nature of payment (compensation), broker, and expected sale date, meeting Rule 144 transparency requirements. Reporting both the proposed sale and a recent past sale supports governance transparency. The filing contains no statements about company operations or material nonpublic information; it is a transaction-level disclosure only.