Archer Aviation CTO awarded 16,358 shares
Archer Aviation Inc. reported that Chief Technology Officer Thomas Paul Muniz acquired 16,358 shares of Class A common stock as a stock award, with no cash paid per share.
Rhea-AI Filing Summary
Archer Aviation Inc. reported that Chief Technology Officer Thomas Paul Muniz acquired 16,358 shares of Class A common stock as a stock award, with no cash paid per share. This reflects the first of three tranches from a 2025 performance-based restricted stock unit (PRSU) award.
On March 10, 2026, the compensation committee certified achievement of the first tranche of the 2025 PRSU Award, which became earned at 53.73% of the target amount granted. The performance RSUs in this tranche are now fully vested and were settled into shares on the certification date, bringing Muniz’s direct holdings to 1,361,788 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 16,358 | $0.00 | $0.00 |
Footnotes (2)
- F1. The reported transaction represents the certification of achievement of the first of three tranches of a performance-based restricted stock unit award granted to the reporting person by the Issuer's compensation committee on February 17, 2025 (the "2025 PRSU Award"). Vesting of each tranche of the 2025 PRSU Award is based on relative total stockholder return and is subject to the reporting person's continued service through the certification date of achievement of the relevant tranche.
- F2. On March 10, 2026 (the "Certification Date"), the Issuer's compensation committee certified achievement of the first tranche of the 2025 PRSU Award, resulting in one-third of the 2025 PRSU Award becoming earned at 53.73% of the target amount granted. The performance restricted stock units comprising the first tranche of the 2025 PRSU Award so earned are fully vested and may be settled for shares of the Issuer's Class A common stock on the Certification Date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Archer Aviation (ACHR) report for CTO Thomas Paul Muniz?
What is the 2025 performance-based RSU award mentioned in Archer Aviation’s Form 4?
How was the first tranche of the 2025 PRSU Award for Archer Aviation’s CTO determined?
Is the Archer Aviation (ACHR) Form 4 transaction an open-market purchase or a compensation grant?
What performance conditions apply to Thomas Paul Muniz’s 2025 PRSU Award at Archer Aviation?
AI-generated analysis. How Rhea-AI works. Not financial advice.