Archer Aviation (NYSE: ACHR) insider to sell $89K in vested shares
Rhea-AI Filing Summary
Archer Aviation Inc. insider Harsh Rungta filed a Form 144 indicating an intention to sell 13,880 Class A shares of common stock through Fidelity Brokerage Services on or after August 17, 2026 on the NYSE, with an estimated aggregate value of $89,009.66. These shares relate to restricted stock vesting from the issuer on August 14, 2026 as compensation. Over the prior three months, Rungta previously sold 12,414 Class A shares on May 18, 2026 for approximately $73,896.82.
Positive
- None.
Negative
- None.
Key Figures
Planned shares to be sold: 13,880 shares
Estimated value of planned sale: $89,009.66
Prior 3-month shares sold: 12,414 shares
+3 more
6 metrics
Planned shares to be sold
13,880 shares
Class A common stock proposed for sale on or after August 17, 2026
Estimated value of planned sale
$89,009.66
Aggregate amount for 13,880 Class A shares in the proposed transaction
Prior 3-month shares sold
12,414 shares
Class A shares sold on May 18, 2026 during the past 3 months
Value of prior 3-month sale
$73,896.82
Aggregate proceeds from 12,414 Class A shares sold on May 18, 2026
Restricted stock vesting date
08/14/2026
Date the compensation-related restricted stock vested
Proposed sale date
08/17/2026
Date from which the 13,880 shares may be sold
Key Terms
Form 144, restricted stock vesting, Class A, Compensation
4 terms
Form 144 regulatory
"Harsh Rungta filed a Form 144 indicating an intention to sell"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
restricted stock vesting financial
"These shares relate to restricted stock vesting from the issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Class A financial
"intention to sell 13,880 Class A shares of common stock"
Class A denotes a specific group of a company’s shares that carry a particular set of rights—most commonly different voting power or dividend priority compared with other share classes. Think of it like different seats on a bus where some seats let you steer and others only ride: knowing whether a share is Class A tells investors how much influence they have over company decisions and how returns might be distributed, which affects control and value.
Compensation financial
"These shares relate to restricted stock vesting from the issuer as compensation"
FAQ
What does ACHR’s latest Form 144 filing by Harsh Rungta disclose?
The filing reports an intention to sell 13,880 Class A shares of Archer Aviation Inc. common stock. These shares stem from restricted stock vesting on August 14, 2026 and are planned for sale on or after August 17, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.