Archer Aviation (NYSE: ACHR) director exercises 19,102 RSUs, holds over 1.2M shares
Filing Impact
Filing Sentiment
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 Trade Summary
19,102 shares exercised/converted
Mixed
3 txns
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)
- 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.
Key Figures
RSUs exercised: 19,102 shares
Exercise price: $0.00 per share
Direct holdings after transaction: 73,746 shares
+3 more
6 metrics
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
Key Terms
Restricted Stock Units, derivative security, indirect ownership, managing member
4 terms
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."
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.
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.