Archer Aviation CAO sells 13.9K shares at $6.41
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Archer Aviation Inc. (ACHR) reported that its Chief Accounting Officer, Harsh Rungta, had restricted stock units convert into Class A Common Stock on August 15, 2026, resulting in acquisitions of 21,754 and 12,412 shares at a conversion price of $0.00 per share. On August 17, 2026, he sold 13,880 shares of Class A Common Stock in the market at a weighted average price of $6.4128 per share, within a price range of $6.32 to $6.485, to satisfy tax withholding obligations related to the RSU vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2, F3 | 13,880 | $6.4128 | $89K |
| Exercise | Restricted Stock Units F4, F5, F6 | 21,754 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F4, F7, F6 | 12,412 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 21,754 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 12,412 | $0.00 | $0.00 |
Footnotes (7)
- F1. Includes 3,351 shares of Class A Common Stock acquired by the reporting person in one or more transactions with the issuer pursuant to its Employee Stock Purchase Plan, which transactions are exempt pursuant to Rules 16a3(f)(1)(i)(B) and 16b3(c).
- F2. Represents shares of Class A Common Stock sold to satisfy tax withholding obligations incurred in connection with the vesting of restricted stock units.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.32 to $6.485 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.
- F4. 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.
- F5. The award vested or vests as to: (i) 1/3 of the total award on March 1, 2026; and (ii) 1/12 of the total award quarterly thereafter on May 15, August 15, November 15, and March 1.
- F6. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- F7. The award vested or vests quarterly as to 1/12 of the total award, with the first tranche vesting on May 15, 2026, and vesting thereafter on August 15, November 15, March 1, and May 15.
Key Figures
Key Terms
Restricted Stock Units financial
weighted average price financial
Employee Stock Purchase Plan financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ACHR Chief Accounting Officer Harsh Rungta report?
What RSU activity did Archer Aviation (ACHR) disclose for Harsh Rungta?
How do Harsh Rungta’s RSUs in ACHR convert into Class A Common Stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.