Archer Aviation insider sells 3,754 shares for taxes
Archer Aviation Inc.'s Chief Legal & Strategy Officer, Eric Lentell, reported an open-market sale of 3,754 shares of Class A common stock at a weighted average price of about $4.9984 per share on June 11, 2026.
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Rhea-AI Filing Summary
Archer Aviation Inc.'s Chief Legal & Strategy Officer, Eric Lentell, reported an open-market sale of 3,754 shares of Class A common stock at a weighted average price of about $4.9984 per share on June 11, 2026.
According to the footnotes, these shares were automatically sold to cover tax withholding obligations arising from the vesting of restricted stock units, consistent with company policy. Following this tax-related sale, Lentell directly holds 137,330 shares of Archer Aviation Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,754 | $4.9984 | $19K |
Footnotes (2)
- F1. Represents shares of the issuer's Class A common stock sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting of restricted stock units, which vesting was separately reported on a Form 4 filed with the U.S. Securities and Exchange Commission on May 19, 2026. In accordance with company policy, shares are automatically sold to cover such obligations.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.98 to $5.035 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.
Key Figures
Key Terms
restricted stock units financial
weighted average price financial
tax withholding obligations financial
Class A common stock financial
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