Archer Aviation (ACHR) CTO earns 16,358 performance-based RSU shares
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Muniz Thomas Paul
Role
CHIEF TECHNOLOGY OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 16,358 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 1,361,788 shares (Direct)
Footnotes (1)
- 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. 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
What insider transaction did Archer Aviation (ACHR) report for CTO Thomas Paul Muniz?
Archer Aviation reported that CTO Thomas Paul Muniz received 16,358 shares of Class A common stock as a performance-based stock award. The shares were issued at no cash cost as part of a previously granted 2025 performance RSU award.
What is the 2025 performance-based RSU award mentioned in Archer Aviation’s Form 4?
The 2025 PRSU Award is a performance-based restricted stock unit grant given to Thomas Paul Muniz on February 17, 2025. It is split into three tranches, with vesting based on relative total stockholder return and continued service through each tranche’s certification date.
How was the first tranche of the 2025 PRSU Award for Archer Aviation’s CTO determined?
On March 10, 2026, Archer Aviation’s compensation committee certified that the first tranche of the 2025 PRSU Award was earned at 53.73% of its target. Those performance RSUs became fully vested and were settled into shares of Class A common stock on the same date.
Is the Archer Aviation (ACHR) Form 4 transaction an open-market purchase or a compensation grant?
The Form 4 transaction is a compensation-related stock award, not an open-market purchase. Thomas Paul Muniz acquired 16,358 shares at a stated price of $0.0000 per share, reflecting earned and vested performance RSUs from his 2025 PRSU Award.
What performance conditions apply to Thomas Paul Muniz’s 2025 PRSU Award at Archer Aviation?
Each tranche of the 2025 PRSU Award vests based on Archer Aviation’s relative total stockholder return and the CTO’s continued service through the relevant certification date. The first tranche was certified as earned at 53.73% of its target on March 10, 2026.