Archer Aviation (ACHR) interim CFO covers taxes with RSU share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer Aviation Inc. interim CFO Priya Gupta reported routine equity compensation activity involving restricted stock units and related tax withholding. On May 15, 2026, she exercised RSUs that delivered 20,398 shares of Class A Common Stock. On May 18, 2026, she sold 9,860 shares at a weighted average of $5.9527 per share to satisfy tax withholding obligations tied to RSU vesting. Following these transactions, she held 189,050 shares of Class A Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,860 shares ($58,694)
Net Sell
7 txns
Insider
Gupta Priya
Role
Interim CFO
Sold
9,860 shs ($59K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,860 | $5.9527 | $59K |
| Exercise | Restricted Stock Units | 3,583 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,524 | $0.00 | -- |
| Exercise | Restricted Stock Units | 10,291 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,583 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,524 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,291 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 189,050 shares (Direct, null);
Restricted Stock Units — 10,749 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 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. 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 range set forth in this footnote. 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 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. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. 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: 9,860 shares
Sale price: $5.9527 per share
Post-transaction holdings: 189,050 shares
+4 more
7 metrics
Shares sold
9,860 shares
Class A Common Stock sale to satisfy tax withholding
Sale price
$5.9527 per share
Weighted average price for 9,860-share sale
Post-transaction holdings
189,050 shares
Class A Common Stock held directly after transactions
RSU exercises
20,398 shares
Total Class A shares delivered from RSU exercises
RSU tranche 1
10,291 units
Restricted Stock Units converting into Class A shares
RSU tranche 2
6,524 units
Restricted Stock Units converting into Class A shares
RSU tranche 3
3,583 units
Restricted Stock Units converting into Class A shares
Key Terms
Restricted Stock Units, weighted average price, tax withholding obligations, contingent right, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and footnote describing contingent right to receive one share"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
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.
tax withholding obligations financial
"sold to satisfy tax withholding obligations incurred in connection with the vesting of restricted stock units"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vested or vests quarterly financial
"The award vested or vests quarterly as to 1/16 of the total award"
FAQ
What insider transactions did Archer Aviation (ACHR) interim CFO Priya Gupta report?
Priya Gupta reported RSU-related activity and a tax-driven sale. She exercised restricted stock units converting into 20,398 Class A shares, then sold 9,860 shares at a weighted average $5.9527 solely to cover withholding taxes from the vesting.
Were the Archer Aviation (ACHR) insider sales discretionary or for tax withholding?
The Form 4 footnotes clarify the 9,860-share sale was not discretionary but conducted to satisfy tax withholding obligations. These obligations arose from the vesting of restricted stock units that convert into Class A Common Stock for Priya Gupta.
What do the restricted stock units reported by Archer Aviation (ACHR) represent?
Each restricted stock unit represents a contingent right to receive one Archer Aviation Class A share, subject to continued service. The awards vest quarterly in scheduled tranches on dates including May 15, August 15, November 15, and March 1, or are cancelled if conditions are not met.