Archer’s Benjamin Lyon reports RSU holdings
Archer Aviation Inc. executive Benjamin Lyon, President, Aircraft OEM, has filed an initial Form 3 reporting his holdings of restricted stock units (RSUs) tied to the company’s Class A common stock.
Rhea-AI Filing Summary
Archer Aviation Inc. executive Benjamin Lyon, President, Aircraft OEM, has filed an initial Form 3 reporting his holdings of restricted stock units (RSUs) tied to the company’s Class A common stock. The filing shows two RSU awards covering 411,640 and 380,681 underlying shares, all held directly.
Each RSU represents a contingent right to receive one share of Class A common stock, conditioned on Mr. Lyon’s continued service. Footnotes explain that one award vests quarterly starting on May 15, 2025, and the other vests quarterly in twelfths starting on March 1, 2026. The RSUs do not expire; they either vest or are cancelled before their vesting dates.
Positive
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Negative
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lyon Benjamin
Role
President, Aircraft OEM
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 792,321 contracts (Direct)
Footnotes (4)
- F1. The award vested or vests quarterly in ratable increments, with the first tranche vested on May 15, 2025, and vesting thereafter on August 15, November 15, March 1, and May 15.
- F2. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- F3. Each restricted stock unit represents a contingent right to receive one share of the issuer's Class A Common Stock, subject to the reporting person's continued status as a service provider to the issuer.
- F4. The award vested or vests quarterly as to 1/12 of the total award, with the first tranche vested on March 1, 2026, and vesting thereafter on May 15, August 15, November 15, and March 1.
Key Figures
RSU underlying shares award 1: 411,640 shares
RSU underlying shares award 2: 380,681 shares
RSU exercise price: $0.00 per unit
+1 more
4 metrics
RSU underlying shares award 1
411,640 shares
Restricted stock units linked to Class A common stock
RSU underlying shares award 2
380,681 shares
Restricted stock units linked to Class A common stock
RSU exercise price
$0.00 per unit
Conversion or exercise price for reported RSUs
Unknown transaction entries
2 entries
Transaction summary shows two holding entries with unknown codes
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, vests quarterly
4 terms
Restricted Stock Units financial
"The filing shows two RSU awards covering 411,640 and 380,681 underlying shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share of the issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vests quarterly financial
"The award vested or vests quarterly in ratable increments, with the first tranche vested on May 15, 2025"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Benjamin Lyon’s Form 3 for Archer Aviation (ACHR) report?
The Form 3 reports Benjamin Lyon’s initial beneficial ownership in Archer Aviation through restricted stock units. It lists two RSU awards linked to Class A common stock, providing a baseline view of his equity-based compensation and alignment with shareholder interests at the time of reporting.
Do Benjamin Lyon’s Archer Aviation RSUs have an exercise price or expiration?
The RSUs carry an exercise price of $0.00 per unit and are described as not expiring. According to the disclosure, they either vest on scheduled quarterly dates or are cancelled beforehand, rather than lapsing on a traditional option expiration date.
What conditions apply to Benjamin Lyon’s Archer Aviation RSUs?
Each restricted stock unit represents a contingent right to receive one share of Class A common stock. Vesting is subject to Mr. Lyon’s continued status as a service provider, meaning he generally must remain with Archer Aviation through specified vesting dates for shares to be delivered.
How do the vesting schedules for Benjamin Lyon’s RSUs at Archer Aviation work?
One award vests quarterly in ratable increments, first vesting on May 15, 2025, then on August 15, November 15, March 1, and May 15. Another vests quarterly as to one-twelfth of the total, first on March 1, 2026, then on May 15, August 15, November 15, and March 1.
Are Benjamin Lyon’s Archer Aviation RSUs direct or indirect holdings?
The Form 3 characterizes Benjamin Lyon’s RSU holdings as direct ownership. The transactions are coded with direct ownership, and there is no indication in the footnotes that the awards are held through separate entities such as trusts, partnerships, or family investment vehicles.
AI-generated analysis. How Rhea-AI works. Not financial advice.
