Archer Aviation (ACHR) CTO auto-sells 9,580 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer Aviation Inc. reported that Chief Technology Officer Thomas Paul Muniz sold 9,580 shares of Class A common stock on March 13, 2026 at a weighted average price of $6.2749 per share. According to the disclosure, these shares were automatically sold to satisfy tax withholding obligations arising from the vesting of a 2025 performance-based restricted stock unit award, consistent with company policy. After this transaction, Muniz directly holds 1,352,208 shares of Archer Aviation’s Class A common stock, indicating this was a small, routine disposition tied to compensation rather than a discretionary open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,580 shares ($60,114)
Net Sell
1 txn
Insider
Muniz Thomas Paul
Role
CHIEF TECHNOLOGY OFFICER
Sold
9,580 shs ($60K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,580 | $6.2749 | $60K |
Holdings After Transaction:
Class A Common Stock — 1,352,208 shares (Direct)
Footnotes (1)
- 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 the 2025 PRSU Award, which vesting was separately reported on a Form 4 filed with the U.S. Securities and Exchange Commission on March 12, 2026. In accordance with company policy, shares are automatically sold to cover such obligations. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.225 to $6.315 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.
FAQ
What insider transaction did Archer Aviation (ACHR) disclose for Thomas Paul Muniz?
Archer Aviation disclosed that Chief Technology Officer Thomas Paul Muniz sold 9,580 shares of Class A common stock. The sale occurred on March 13, 2026 and was reported as an open-market transaction in a Form 4 insider trading report.
Was the Archer Aviation CTO’s March 2026 sale a discretionary trade or automatic?
The Archer Aviation CTO’s March 2026 sale was automatic under company policy. The filing states the shares were sold specifically to cover tax withholding obligations triggered by the vesting of a 2025 performance-based RSU award, rather than a discretionary open-market decision.
What award triggered the tax-withholding sale reported by Archer Aviation (ACHR)?
The tax-withholding sale was triggered by the vesting of a 2025 performance-based restricted stock unit (PRSU) award. The Form 4 notes that this vesting event had been reported separately and that the resulting tax obligations required an automatic sale of shares.