Ex-Archer director plans sale of 161K warrants

Archer Aviation Inc. (ACHR) is the issuer for which former board director Michael Spellacy filed a notice under Rule 144 to potentially sell up to 161,000 warrants through Pershing Advisor Solutions on the NYSE.

Rhea-AI Filing Summary

Archer Aviation Inc. (ACHR) is the issuer for which former board director Michael Spellacy filed a notice under Rule 144 to potentially sell up to 161,000 warrants through Pershing Advisor Solutions on the NYSE. The notice also reports recent sales of 110,200 warrants over the past three months from accounts associated with Spellacy, including Achill Holdings LLC.

Key Figures

Warrants to be sold: 161,000 warrants Aggregate market value of securities to be sold: 3613.34 Units outstanding: 17,394,945 +3 more

6 metrics

Warrants to be sold 161,000 warrants Potential sale under Rule 144 through Pershing Advisor Solutions

Aggregate market value of securities to be sold 3613.34 Listed with 161,000 warrants to be sold

Units outstanding 17,394,945 Number of shares or other units outstanding for the class of securities

Warrants sold 08/11/2026 100,000 warrants; 6306.41 Securities sold during the past 3 months

Warrants sold 08/19/2026 10,200 warrants; 305.99 Securities sold during the past 3 months, including Achill Holdings LLC account

Date of notice 08/20/2026 Form 144 notice date signed by Michael Spellacy

Key Terms

Rule 144, pro rata distribution, aggregate market value

3 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.

aggregate market value financial

"161000 | 3613.34 | 17394945 | 08/20/2026 | NYSE"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Archer Aviation Inc. (ACHR)?

The filing discloses that former board director Michael Spellacy plans a possible sale of up to 161,000 warrants of Archer Aviation Inc. under Rule 144, to be executed through Pershing Advisor Solutions on the NYSE.

How many ACHR warrants are covered by the planned Rule 144 sale?

The notice covers a potential sale of up to 161,000 warrants of Archer Aviation Inc. These are listed under the Securities Information section with Pershing Advisor Solutions as the broker and NYSE as the securities exchange.

What prior sales of ACHR warrants does Michael Spellacy report in this Form 144?

The filing reports that Michael Spellacy sold 100,000 warrants on 08/11/2026 for 6306.41 and 10,200 warrants on 08/19/2026 for 305.99 during the past three months.

What is the relationship of Michael Spellacy to Archer Aviation Inc. (ACHR)?

Michael Spellacy is identified as a Former Board Director of Archer Aviation Inc. The Form 144 indicates that the securities are being sold for his account, including through an account of Achill Holdings LLC.

What does the Form 144 say about Achill Holdings LLC in relation to ACHR warrants?

The remarks state that 10,200 units of the sale on 08/19/2026 took place in the Achill Holdings LLC account, in which Michael G. Spellacy is an authorized individual and Account Stakeholder.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/20/2026 - 05:50 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001829665
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Archer Aviation Inc.
SEC File Number	001-39668
Address of Issuer	190 WEST TASMAN DRIVE SAN JOSE CALIFORNIA 95134
Phone	650-272-3233
Name of Person for Whose Account the Securities are To Be Sold	Spellacy Michael
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Former Board Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Warrants	Pershing Advisor Solutions 95 CHRISTOPHER COLUMBUS DR JERSEY CITY NJ 07399	161000	3613.34	17394945	08/20/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Warrants	11/19/2021	The reported transaction was a pro rata distribution from Atlas Crest Investment LLC, of which the reporting person was a non-managing member	Atlas Crest Investment LLC			1046937	11/19/2021	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Michael Spellacy 6 ELWIL Dr Westport CT 06880	Warrants	08/11/2026	100000	6306.41
Michael Spellacy 6 ELWIL Dr. Westport CT 06880	Warrants	08/19/2026	10200	305.99

144: Remarks and Signature

Remarks	10,200 units of today's sale took place in the Achill Holdings LLC account in which Michael G. Spellacy is an authorized individual and Account Stakeholder
Date of Notice	08/20/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Michael Spellacy
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)