Archer Aviation (NYSE: ACHR) officer sells shares to cover taxes, exercises RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer Aviation Chief Legal & Strategy Officer Eric Lentell reported a mix of stock transactions involving the company’s Class A common stock and restricted stock units. He sold 88,136 shares on May 15 and May 18, 2026 at weighted average prices of $6.0611 and $5.9527 per share. Footnotes state these sales were made solely to cover tax withholding obligations tied to vesting of restricted and performance restricted stock units, rather than discretionary open‑market selling. On May 15, 2026 he also exercised derivative awards to acquire 100,442 shares of Class A common stock at a conversion price of $0.00 per share and received a new grant of 87,617 restricted stock units. After these transactions, he holds 141,084 shares of Class A common stock directly, alongside ongoing RSU awards that vest in scheduled quarterly installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 88,136 shares ($528,980)
Net Sell
15 txns
Insider
Lentell Eric
Role
Chief Legal & Strategy Officer
Sold
88,136 shs ($529K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 48,169 | $5.9527 | $287K |
| Grant/Award | Restricted Stock Units | 87,617 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,301 | $0.00 | -- |
| Exercise | Restricted Stock Units | 22,866 | $0.00 | -- |
| Exercise | Restricted Stock Units | 19,796 | $0.00 | -- |
| Exercise | Restricted Stock Units | 8,946 | $0.00 | -- |
| Exercise | Restricted Stock Units | 26,096 | $0.00 | -- |
| Exercise | Restricted Stock Units | 15,437 | $0.00 | -- |
| Exercise | Class A Common Stock | 7,301 | $0.00 | -- |
| Exercise | Class A Common Stock | 22,866 | $0.00 | -- |
| Exercise | Class A Common Stock | 19,796 | $0.00 | -- |
| Exercise | Class A Common Stock | 8,946 | $0.00 | -- |
| Exercise | Class A Common Stock | 26,096 | $0.00 | -- |
| Exercise | Class A Common Stock | 15,437 | $0.00 | -- |
| Sale | Class A Common Stock | 39,967 | $6.0611 | $242K |
Holdings After Transaction:
Class A Common Stock — 141,084 shares (Direct, null);
Restricted Stock Units — 87,617 shares (Direct, null)
Footnotes (1)
- Represents shares of Class A Common Stock sold to satisfy tax withholding obligations incurred in connection with the vesting of performance restricted stock units, which was separately reported on a Form 4 filed with the U.S. Securities and Exchange Commission on April 22, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.005 to $6.135 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and in footnote 4 of this Form 4. Represents shares of Class A Common Stock sold to satisfy tax withholding obligations incurred in connection with the vesting of restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.87 to $6.13 per share, inclusive. 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 status as a service provider to the Issuer. The award shall vest as to 1/12 of the total award beginning on May 15, 2026, and thereafter quarterly on August 15th, November 15th, March 1st, May 15th. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. The award vested or vests as to: (i) 1/4 of the total award on August 15, 2023; and (ii) 1/16 of the total award quarterly thereafter on November 15, March 1, May 15, and August 15. The award vested or vests quarterly as to 1/16 of the total award, with the first tranche vested on May 15, 2023, and thereafter on August 15, November 15, March 1, and May 15. The award vested or vests quarterly as to 1/16 of the total award, with the first tranche vested on May 15, 2024, and thereafter on August 15, November 15, March 1, and May 15. The award vested or vests quarterly as to 1/12 of the total award, with the first tranche vested on March 1, 2025, and thereafter on May 15, August 15, November 15, and March 1. The award vested or vests quarterly as to 1/12 of the total award, with the first tranche vested on March 1, 2026, and thereafter on May 15, August 15, November 15, and March 1.
Key Figures
Shares sold for taxes: 88,136 shares
Sale price May 15, 2026: $6.0611 per share
Sale price May 18, 2026: $5.9527 per share
+5 more
8 metrics
Shares sold for taxes
88,136 shares
Class A common stock sales on May 15 and 18, 2026
Sale price May 15, 2026
$6.0611 per share
Weighted average price for Class A share sale
Sale price May 18, 2026
$5.9527 per share
Weighted average price for Class A share sale
Shares from exercises
100,442 shares
Class A common stock acquired via derivative exercises
New RSU grant
87,617 units
Restricted stock units granted May 15, 2026
Post-transaction holdings
141,084 shares
Class A common stock directly owned after transactions
RSU sale price range
$5.87–$6.13 per share
Price range for tax-withholding share sales
PRSU sale price range
$6.005–$6.135 per share
Price range linked to performance RSU vesting
Key Terms
performance restricted stock units, tax withholding obligations, weighted average price, restricted stock units, +2 more
6 terms
performance restricted stock units financial
"vesting of performance restricted stock units, which was separately reported on a Form 4"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
tax withholding obligations financial
"shares of Class A Common Stock sold to satisfy tax withholding obligations incurred in connection with the vesting"
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"Represents shares of Class A Common Stock sold to satisfy tax withholding obligations incurred in connection with the vesting of restricted stock units."
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.
vesting date financial
"These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date."
FAQ
What insider transactions did ACHR executive Eric Lentell report on this Form 4?
Eric Lentell reported selling 88,136 shares of Archer Aviation Class A common stock and acquiring shares through derivative exercises and a new 87,617-unit restricted stock unit grant, all dated around May 15–18, 2026, as disclosed in the Form 4.
What derivative awards did Eric Lentell exercise or receive for ACHR?
Lentell exercised derivative awards, including restricted stock units, to acquire 100,442 shares of Class A common stock at a $0.00 conversion price and received a new grant of 87,617 restricted stock units, each representing a right to one share upon vesting.
How do Eric Lentell’s restricted stock units in ACHR vest over time?
Footnotes explain various RSU awards vest in scheduled installments, such as 1/12 or 1/16 of the total award on specific quarterly dates like May 15, August 15, November 15, and March 1, conditioned on continued service.