Archer Aviation (ACHR) officer sells 8,059 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer Aviation Inc. Chief Legal & Strategy Officer Eric Lentell reported an open-market sale of 8,059 shares of Class A common stock at a weighted average price of $6.2749 per share. The shares were sold on March 13, 2026 to satisfy tax withholding obligations arising from vesting of a 2025 PRSU Award, and were automatically sold under company policy. After this transaction, Lentell directly holds 150,119 shares. The sale price reflected multiple trades within a range of $6.225 to $6.315 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,059 shares ($50,569)
Net Sell
1 txn
Insider
Lentell Eric
Role
Chief Legal & Strategy Officer
Sold
8,059 shs ($51K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 8,059 | $6.2749 | $51K |
Holdings After Transaction:
Class A Common Stock — 150,119 shares (Direct)
Footnotes (1)
- Represents shares of the issuer's Class A common stock sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting of the 2025 PRSU Award, which vesting was separately reported on a Form 4 filed with the U.S. Securities and Exchange Commission on March 12, 2026. In accordance with company policy, shares are automatically sold to cover such obligations. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.225 to $6.315 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What insider transaction did Archer Aviation (ACHR) report for Eric Lentell?
Archer Aviation reported that Chief Legal & Strategy Officer Eric Lentell sold 8,059 shares of Class A common stock. The March 13, 2026 transaction was an open-market sale primarily to cover tax withholding obligations tied to the vesting of his 2025 performance-based restricted stock unit award.