Archer Aviation (NYSE: ACHR) CSO sells 100K shares under plan
Rhea-AI Filing Summary
Archer Aviation Inc. (ACHR) reported that Chief Strategy Officer Eric Lentell sold 100,000 shares of Class A Common Stock on August 20, 2026 at an average price of $6.31 per share in an open-market or private transaction. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on May 22, 2026. After this transaction, he holds 85,011 shares of Class A Common Stock plus restricted stock units representing up to 435,687 additional shares, subject to service-based vesting conditions.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 100,000 shares
Net Sell
1 txn
Insider
Lentell Eric
Role
Chief Strategy Officer
Sold
100,000 shs ($631K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 100,000 | $6.31 | $631K |
Holdings After Transaction:
Class A Common Stock — 85,011 shares (Direct)
Footnotes (2)
- F1. The transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 22, 2026.
- F2. Following the reported transaction, in addition to the 85,011 shares of Class A Common Stock beneficially owned by the reporting person, the reporting person held restricted stock units representing contingent rights to receive up to an aggregate 435,687 shares of the Issuer's Class A Common Stock, which restricted stock units are subject to service-based vesting schedules and vest according to their respective terms.
Key Figures
Shares sold: 100,000 shares of Class A Common Stock
Sale price per share: $6.31 per share
Total shares following transaction: 85,011 shares
+2 more
5 metrics
Shares sold
100,000 shares of Class A Common Stock
Sale on August 20, 2026 by Chief Strategy Officer Eric Lentell
Sale price per share
$6.31 per share
Average price for 100,000 shares sold on August 20, 2026
Total shares following transaction
85,011 shares
Class A Common Stock beneficially owned by Eric Lentell after the sale
Restricted stock units
435,687 shares
Maximum shares underlying RSUs held by Eric Lentell, subject to service-based vesting
10b5-1 plan adoption date
May 22, 2026
Date Eric Lentell adopted the Rule 10b5-1 trading plan used for this sale
Key Terms
Rule 10b5-1 trading plan, restricted stock units, service-based vesting schedules
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction was executed pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"the reporting person held restricted stock units representing contingent rights"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
service-based vesting schedules financial
"which restricted stock units are subject to service-based vesting schedules"
FAQ
What insider transaction did ACHR report for Eric Lentell?
Archer Aviation Inc. reported that Chief Strategy Officer Eric Lentell sold 100,000 shares of Class A Common Stock on August 20, 2026 at an average price of $6.31 per share in an open-market or private transaction.
Was the ACHR insider sale by Eric Lentell under a Rule 10b5-1 plan?
Yes. The sale by Eric Lentell was executed pursuant to a Rule 10b5-1 trading plan that he adopted on May 22, 2026, as disclosed in the footnotes and indicated by the filing’s Rule 10b5-1 checkbox.
What additional equity awards in ACHR does Eric Lentell hold?
In addition to his 85,011 shares, Eric Lentell held restricted stock units representing contingent rights to receive up to 435,687 shares of Archer Aviation Inc. Class A Common Stock, subject to service-based vesting schedules and vesting according to their respective terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.