Archer Aviation (NYSE: ACHR) CAO sells 12,414 shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer Aviation’s Chief Accounting Officer Harsh Rungta reported equity compensation activity and a related share sale. He exercised vested restricted stock units into 34,166 shares of Class A common stock, at a stated conversion price of $0.00 per share.
To cover tax withholding obligations from this vesting, he sold 12,414 shares of Class A common stock at a weighted average price of $5.9527 per share, with individual sale prices ranging from $5.87 to $6.13. Following these transactions, he directly holds 87,210 shares of Class A common stock and 152,272 restricted stock units that remain outstanding and subject to vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,414 shares ($73,897)
Net Sell
5 txns
Insider
Rungta Harsh
Role
Chief Accounting Officer
Sold
12,414 shs ($74K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 12,414 | $5.9527 | $74K |
| Exercise | Restricted Stock Units | 21,754 | $0.00 | -- |
| Exercise | Restricted Stock Units | 12,412 | $0.00 | -- |
| Exercise | Class A Common Stock | 21,754 | $0.00 | -- |
| Exercise | Class A Common Stock | 12,412 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 87,210 shares (Direct, null);
Restricted Stock Units — 152,272 shares (Direct, null)
Footnotes (1)
- Represents shares of Class A Common Stock sold to satisfy tax withholding obligations incurred in connection with the vesting of restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.87 to $6.13 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. 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. The award vested or vests as to: (i) 1/3 of the total award on March 1, 2026; and (ii) 1/12 of the total award quarterly thereafter on May 15, August 15, November 15, and March 1. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. The award vested or vests quarterly as to 1/12 of the total award, with the first tranche vesting on May 15, 2026, and vesting thereafter on August 15, November 15, March 1, and May 15.
Key Figures
Shares sold for taxes: 12,414 shares
Weighted average sale price: $5.9527 per share
RSUs converted to shares: 34,166 shares
+3 more
6 metrics
Shares sold for taxes
12,414 shares
Class A common stock sold on May 18, 2026
Weighted average sale price
$5.9527 per share
Sales between $5.87 and $6.13 per share
RSUs converted to shares
34,166 shares
Class A common stock from RSU exercises on May 15, 2026
Conversion price
$0.00 per share
RSU-to-share conversion price
Shares held after transactions
87,210 shares
Direct Class A common stock ownership after reported trades
RSUs outstanding
152,272 units
Restricted stock units remaining after vesting and conversion
Key Terms
Restricted Stock Units, weighted average price, tax withholding obligations, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and footnote describing contingent right to 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding obligations financial
"shares of Class A Common Stock sold to satisfy tax withholding obligations incurred in connection with the vesting"
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for RSU-related entries"
vesting financial
"The award vested or vests as to 1/3 of the total award on March 1, 2026; and 1/12 quarterly thereafter"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
