Archer Aviation (ACHR) CAO logs multiple RSU conversions into Class A stock
Filing Impact
Filing Sentiment
Form Type
4
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
97,175 shares exercised/converted
Mixed
10 txns
Insider
Perkins Tosha
Role
CHIEF ADMINISTRATIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 32,457 | $0.00 | -- |
| Exercise | Restricted Stock Units | 19,796 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,963 | $0.00 | -- |
| Exercise | Restricted Stock Units | 26,096 | $0.00 | -- |
| Exercise | Restricted Stock Units | 12,863 | $0.00 | -- |
| Exercise | Class A Common Stock | 32,457 | $0.00 | -- |
| Exercise | Class A Common Stock | 19,796 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,963 | $0.00 | -- |
| Exercise | Class A Common Stock | 26,096 | $0.00 | -- |
| Exercise | Class A Common Stock | 12,863 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 32,457 shares (Direct);
Class A Common Stock — 367,089 shares (Direct)
Footnotes (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. 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. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. 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. 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. 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. 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.
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.
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.