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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Perkins Tosha

(Last) (First) (Middle)

C/O ARCHER AVIATION INC.

190 WEST TASMAN DRIVE

(Street)

SAN JOSE CA 95134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Archer Aviation Inc. [ ACHR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF ADMINISTRATIVE OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/01/2026		M		32,457	A	$0	367,089	D
Class A Common Stock	03/01/2026		M		19,796	A	$0	386,885	D
Class A Common Stock	03/01/2026		M		5,963	A	$0	392,848	D
Class A Common Stock	03/01/2026		M		26,096	A	$0	418,944	D
Class A Common Stock	03/01/2026		M		12,863	A	$0	431,807	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/01/2026		M			32,457	(2)	(3)	Class A Common Stock	32,457	$0	32,457	D
Restricted Stock Units	(1)	03/01/2026		M			19,796	(4)	(3)	Class A Common Stock	19,796	$0	79,186	D
Restricted Stock Units	(1)	03/01/2026		M			5,963	(5)	(3)	Class A Common Stock	5,963	$0	47,710	D
Restricted Stock Units	(1)	03/01/2026		M			26,096	(6)	(3)	Class A Common Stock	26,096	$0	182,672	D
Restricted Stock Units	(1)	03/01/2026		M			12,863	(7)	(3)	Class A Common Stock	12,863	$0	141,502	D

Explanation of Responses:

1. 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.

2. 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.

3. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.

4. 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.

5. 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.

6. 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.

7. 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.

	/s/ Eric Lentell, Attorney-in-Fact for Tosha Perkins	03/03/2026
	** Signature of Reporting Person	Date
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FAQ

What did Archer Aviation (ACHR) disclose about Tosha Perkins in this Form 4?

Archer Aviation reported that CAO Tosha Perkins acquired shares through the vesting and conversion of restricted stock units on March 1, 2026. These RSUs converted into Class A Common Stock at a price of $0.0000 per share and are held directly.

How did Tosha Perkins acquire Archer Aviation (ACHR) shares in this filing?

Perkins acquired shares via derivative exercises of RSUs, coded as "M" transactions for exercise or conversion of derivative securities. Each vested RSU delivered one share of Class A Common Stock, with no cash purchase price, reflecting equity compensation rather than open-market buying.

Were any Archer Aviation (ACHR) shares sold by Tosha Perkins in this Form 4?

No share sales or dispositions are reported in this Form 4. All transactions are classified as acquisitions from RSU exercises or conversions, with zero sell transactions and zero net buy-sell shares in the summary, indicating purely compensatory equity vesting activity.

What are the vesting terms of Tosha Perkins’s Archer Aviation RSUs?

The RSUs vest in structured quarterly installments. Different awards vest 1/4 upfront then 1/16 quarterly, or 1/16 or 1/12 quarterly from specified start dates in 2023, 2024, 2025, and 2026, continuing on March 1, May 15, August 15, and November 15.

Do Tosha Perkins’s Archer Aviation RSUs expire if unvested?

The RSUs either vest or are cancelled; they do not expire. A footnote explains that these restricted stock units have no traditional expiration date but will either vest according to the schedule or be forfeited before the relevant vesting date if conditions are not met.

What condition must be met for Archer Aviation RSUs held by Perkins to vest?

Continued service to Archer Aviation is required for vesting. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock, subject to Perkins maintaining her status as a service provider to the company through the applicable vesting dates.