Archer Aviation (NYSE: ACHR) officer sells 100K shares in 10b5-1 plan
Rhea-AI Filing Summary
Archer Aviation Inc. Chief Legal & Strategy Officer Eric Lentell sold a total of 100,000 shares of Class A Common Stock in open-market transactions at prices of $5.30 and $5.36 per share. These sales were executed under a pre-arranged Rule 10b5-1 trading plan and were described as offsetting certain tax liabilities and related costs from a previous restricted stock unit settlement. Following the transactions, Lentell directly held 50,119 shares and restricted stock units representing contingent rights to receive up to 548,955 additional shares, subject to service-based vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 50,000 | $5.30 | $265K |
| Sale | Class A Common Stock | 50,000 | $5.36 | $268K |
Footnotes (1)
- The transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 3, 2025, as amended on December 23, 2025. This transaction was effected to offset certain tax liabilities and other related costs incurred by the reporting person in connection with the previous settlement of restricted stock units. Following the reported transaction, in addition to the 50,119 shares of Class A Common Stock beneficially owned by the Reporting Person, the Reporting Person held restricted stock units representing contingent rights to receive up to an aggregate 548,955 shares of the Issuer's Class A Common Stock, which restricted stock units are subject to service-based vesting schedules and vest according to their respective terms.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
restricted stock units financial
service-based vesting schedules financial
open-market sale financial
FAQ
What insider transactions did ACHR officer Eric Lentell report?
What is the significance of the Rule 10b5-1 plan in this ACHR Form 4?