Archer Aviation Board Member Increases Stake as eVTOL Maker Gains Momentum
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer Aviation Director Deborah Diaz reported the vesting of 54,644 Restricted Stock Units (RSUs) on June 21, 2025, which were converted into an equivalent number of Class A Common Stock shares at $0 exercise price. Following this transaction, Diaz now directly owns 153,530 shares of Class A Common Stock.
The RSUs were subject to vesting conditions that included either:
- One year anniversary of the grant date, or
- The date of Archer Aviation's 2025 annual stockholders' meeting
This Form 4 filing, executed by Eric Lentell as attorney-in-fact for Diaz on June 24, 2025, represents a standard equity compensation arrangement for board members. The transaction was reported within the required SEC filing deadline and demonstrates continued alignment between director and shareholder interests through equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
54,644 shares exercised/converted
Mixed
2 txns
Insider
Diaz Deborah
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 54,644 | $0.00 | -- |
| Exercise | Class A Common Stock | 54,644 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 153,530 shares (Direct)
Footnotes (1)
- 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 as of 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 2025 annual stockholders' meeting. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
FAQ
What was the vesting schedule for ACHR Director Diaz's Restricted Stock Units?
The Restricted Stock Units were scheduled to vest on the earlier of: (i) one year anniversary of the grant date or (ii) the date of Archer Aviation's 2025 annual stockholders' meeting.
What was the exercise price of ACHR RSUs converted by Director Diaz?
The Restricted Stock Units were converted to Class A Common Stock at $0 exercise price, as they represent a contingent right to receive shares subject to vesting conditions rather than a traditional stock option.