Archer Aviation (ACHR) director exercises RSUs and receives 40,983-unit equity grant
Rhea-AI Filing Summary
Archer Aviation director Maria Pinelli reported equity compensation activity involving Class A Common Stock and restricted stock units (RSUs). On June 26, 2026, she exercised RSUs to acquire 19,102 shares of Class A Common Stock, bringing her direct holdings to 201,787 shares after the transaction. The filing also shows a new grant of 40,983 RSUs, each representing a right to receive one share of Class A Common Stock if service-based vesting conditions are met. One RSU award vested or vests on the earlier of the one-year anniversary of its grant date or the date of Archer’s 2026 annual stockholders’ meeting, while the new award will vest on the earlier of the one-year anniversary of the grant date or the date of the 2027 annual stockholders’ meeting. The RSUs do not expire; they either vest into shares or are cancelled if vesting conditions are not satisfied.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 19,102 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 40,983 | $0.00 | -- |
| Exercise | Class A Common Stock | 19,102 | $0.00 | -- |
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 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. The entire award will vest on the earlier of the: (i) one year anniversary of the grant date or (ii) date of the Issuer's 2027 annual stockholders' meeting.