Archer Aviation president sells 50K shares at $6.41
Archer Aviation Inc. (ACHR) reported insider equity activity by Benjamin Lyon, President, Aircraft OEM.
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Rhea-AI Filing Summary
Archer Aviation Inc. (ACHR) reported insider equity activity by Benjamin Lyon, President, Aircraft OEM. On August 15, 2026, two tranches of 54,383 and 41,164 restricted stock units were settled into the same number of Class A Common shares at a $0.00 exercise price, pursuant to quarterly vesting schedules. On August 17, 2026, Lyon sold 50,188 Class A shares at a weighted average price of $6.4128 per share, in multiple trades between $6.32 and $6.485, to satisfy tax withholding obligations arising from the RSU vesting.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 50,188 | $6.4128 | $322K |
| Exercise | Restricted Stock Units F3, F4, F5 | 54,383 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F6, F5 | 41,164 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 54,383 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 41,164 | $0.00 | $0.00 |
Footnotes (6)
- F1. Represents shares of Class A Common Stock sold to satisfy tax withholding obligations incurred in connection with the vesting of restricted stock units.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.32 to $6.485 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.
- 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 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.
- F5. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- F6. 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
Key Terms
restricted stock unit financial
weighted average price financial
tax withholding obligations financial
service provider financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ACHR executive Benjamin Lyon report in this Form 4?
What RSU vesting activity did Archer Aviation (ACHR) disclose for Benjamin Lyon?
What are the vesting schedules for Benjamin Lyon’s ACHR restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.