Archer Aviation (NYSE: ACHR) ex-director in warrant sale after 100K sold
Rhea-AI Filing Summary
Archer Aviation Inc. (ACHR) is the issuer for a Form 144 filed in connection with sales of its securities by former board member Michael Spellacy. The notice covers warrants to purchase Archer securities, including a sale of 10,200 warrant units executed through an account at Achill Holdings LLC where Spellacy is an authorized individual and account stakeholder. The filing also reports prior activity in the last three months, including a separate transaction involving 100,000 warrants. Pershing Advisor Solutions is listed in connection with the current proposed sale.
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Key Figures
Current warrant units in sale: 10,200 units
Warrants sold in past 3 months: 100,000 warrants
Amount from past 3 months transaction: 6,306.41
+2 more
5 metrics
Current warrant units in sale
10,200 units
Warrants listed in the securities information section of the Form 144
Warrants sold in past 3 months
100,000 warrants
Reported under Securities Sold During The Past 3 Months
Amount from past 3 months transaction
6,306.41
Figure associated with 100,000 warrants in past 3 months section
Date of notice
08/20/2026
Date the Form 144 notice was signed by Michael Spellacy
Warrant expiration date
08/19/2026
Expiration date listed for the warrants in the securities information section
Key Terms
Rule 144, pro rata distribution, non-managing member, Account Stakeholder
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
pro rata distribution financial
"The reported transaction was a pro rata distribution from Atlas Crest Investment LLC"
A pro rata distribution is when a company or organization shares out money, assets, or benefits evenly among all eligible people based on their size or share. For example, if a company makes a profit and distributes it to shareholders, each person gets a portion proportional to how many shares they own. It ensures everyone gets their fair part based on their ownership or stake.
non-managing member financial
"of which the reporting person was a non-managing member"
Account Stakeholder financial
"account in which Michale G. Spellacy is an authorized individual and Account Stakeholder"
FAQ
How many Archer Aviation (ACHR) warrants are covered by the latest Form 144 notice?
The latest Form 144 related to ACHR covers a sale of 10,200 warrant units. The remarks specify these units were sold in an Achill Holdings LLC account where Michael G. Spellacy is an authorized individual and account stakeholder.
What securities did Michael Spellacy report selling in the past three months for ACHR?
Over the past three months, Michael Spellacy reported a transaction involving 100,000 Archer-related warrants. The Form 144 lists this in the "Securities Sold During The Past 3 Months" section with an associated amount of 6,306.41.
Who is the person named in the Form 144 for Archer Aviation Inc. (ACHR)?
The person named is Michael Spellacy, identified as a former board member of Archer Aviation Inc. The filing provides his name in the section for the person for whose account the securities are to be sold.
Which broker or custodian is mentioned in the ACHR Form 144 filing?
The Form 144 for ACHR mentions Pershing Advisor Solutions in the securities information section. This entity is listed in connection with the warrants that are the subject of the current sale notice.
AI-generated analysis. How Rhea-AI works. Not financial advice.
