Archer Aviation (ACHR) CAO logs multiple RSU conversions into Class A stock
Rhea-AI Filing Summary
Archer Aviation Inc.'s Chief Administrative Officer, Tosha Perkins, reported multiple equity award vesting events on March 1, 2026. Restricted stock units (RSUs) were exercised or converted at a price of $0.0000 per share, resulting in additional shares of Class A Common Stock held directly.
Each RSU represents a right to receive one Class A share, conditioned on Perkins’s continued service to the company. The awards vest in scheduled quarterly installments, with portions having begun vesting on May 15, 2023, May 15, 2024, March 1, 2025, and March 1, 2026, and continuing on specified quarterly dates. The filing reflects acquisitions only, with no reported share sales or dispositions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 32,457 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 19,796 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,963 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 26,096 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 12,863 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 32,457 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 19,796 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,963 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 26,096 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 12,863 | $0.00 | $0.00 |
Footnotes (7)
- F1. 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 status as a service provider to the issuer.
- F2. The award vested or vests as to: (i) 1/4 of the total award on May 15, 2023; and (ii) 1/16 of the total award quarterly thereafter on August 15, November 15, March 1, and May 15.
- F3. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- F4. The award vested or vests quarterly as to 1/16 of the total award, with the first tranche vested on May 15, 2023 and thereafter on August 15, November 15, March 1, and May 15.
- F5. The award vested or vests quarterly as to 1/16 of the total award, with the first tranche vested on May 15, 2024, and thereafter on August 15, November 15, March 1, and May 15.
- F6. The award vested or vests quarterly as to 1/12 of the total award, with the first tranche vested on March 1, 2025, and thereafter on May 15, August 15, November 15, and March 1.
- F7. The award vested or vests quarterly as to 1/12 of the total award, with the first tranche vested on March 1, 2026, and thereafter on May 15, August 15, November 15, and March 1.
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