Archer Aviation officer sells 100K shares under plan
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.
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
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Negative
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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 (3)
- F1. 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.
- F2. 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.
- F3. 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
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