STOCK TITAN

Archer Aviation (NYSE: ACHR) director exercises 19,102 RSUs, holds over 1.2M shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Archer Aviation director Michael Spellacy exercised 19,102 restricted stock units into Class A common shares. These RSUs converted at a price of $0.00 per share as part of a compensation award.

Following the transaction, he holds 73,746 Class A shares directly and 1,162,183 Class A shares indirectly through Achill Holdings LLC, where he is the sole managing member. The filing shows no open‑market purchases or sales and no remaining RSUs from this award.

Positive

  • None.

Negative

  • None.
Insider Spellacy Michael
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 19,102 $0.00 --
Exercise Class A Common Stock 19,102 $0.00 --
holding Class A Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A Common Stock — 73,746 shares (Direct, null); Class A Common Stock — 1,162,183 shares (Indirect, Achill Holdings LLC)
Footnotes (1)
  1. The reporting person owns the securities indirectly through Achill Holdings LLC, of which he is the sole managing member. 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 service to the Issuer on the applicable vesting date. The entire award vested or vests on the earlier of the: (i) one year anniversary of the grant date or (ii) date of the Issuer's 2026 annual stockholders' meeting. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
RSUs exercised 19,102 shares Restricted stock units converted to Class A common on June 26, 2026
Exercise price $0.00 per share Price for RSU conversion into Class A common stock
Direct holdings after transaction 73,746 shares Class A common stock held directly following June 26, 2026 exercise
Indirect holdings after transaction 1,162,183 shares Class A common stock held indirectly via Achill Holdings LLC
Derivative transactions count 1 transaction Derivative exercise/conversion recorded in the filing
Total exercises shares 19,102 shares Aggregate derivative exercise shares per transaction summary
Restricted Stock Units financial
"The filing reports 19,102 "Restricted Stock Units" that converted into Class A Common Stock."
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.
derivative security financial
"The transaction code description notes an "Exercise or conversion of derivative security" for the RSUs."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirect ownership financial
"The filing lists 1,162,183 Class A shares under "indirect" ownership through Achill Holdings LLC."
managing member financial
"Spellacy is described as the sole "managing member" of Achill Holdings LLC holding the indirect shares."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Spellacy Michael

(Last)(First)(Middle)
C/O ARCHER AVIATION INC.
190 WEST TASMAN DRIVE

(Street)
SAN JOSE CALIFORNIA 95134

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Archer Aviation Inc. [ ACHR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/26/2026M19,102A$073,746D
Class A Common Stock1,162,183IAchill Holdings LLC(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)06/26/2026M19,102 (3) (4)Class A Common Stock19,102$00D
Explanation of Responses:
1. The reporting person owns the securities indirectly through Achill Holdings LLC, of which he is the sole managing member.
2. 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 service to the Issuer on the applicable vesting date.
3. The entire award vested or vests on the earlier of the: (i) one year anniversary of the grant date or (ii) date of the Issuer's 2026 annual stockholders' meeting.
4. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
/s/ Eric Lentell, Attorney-in-Fact for Michael Spellacy06/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Archer Aviation (ACHR) report for Michael Spellacy?

Archer Aviation reported that director Michael Spellacy exercised 19,102 restricted stock units into Class A common stock. This was a compensation-related derivative exercise at $0.00 per share, not an open-market purchase or sale.

How many Archer Aviation shares does Michael Spellacy hold after this Form 4?

After the transactions, Michael Spellacy holds 73,746 Archer Aviation Class A shares directly and 1,162,183 shares indirectly through Achill Holdings LLC. These figures reflect his position immediately following the June 26, 2026 derivative exercise.

Were any Archer Aviation (ACHR) shares sold in this Form 4 filing?

No shares were sold in this Form 4. The filing shows a derivative exercise of 19,102 restricted stock units into Class A common shares, with no reported open-market sales or tax-withholding dispositions on the transaction date.

What are the details of the 19,102 restricted stock units at Archer Aviation?

Each of the 19,102 restricted stock units represented a contingent right to receive one Class A common share. The award vests on the earlier of one year from grant or Archer Aviation’s 2026 annual stockholders' meeting and either fully vests or is cancelled.

How are Michael Spellacy’s indirect Archer Aviation holdings structured?

Spellacy’s indirect holdings of 1,162,183 Archer Aviation Class A shares are owned through Achill Holdings LLC. According to the filing, he is the sole managing member of this entity, which holds the shares on an indirect basis for him.