Archer Aviation Director Acquires 54,644 Shares Through RSU Vesting
Director Maria Pinelli of Archer Aviation (ACHR) reported the vesting of 54,644 Restricted Stock Units (RSUs) on June 21, 2025.
Rhea-AI Filing Summary
Director Maria Pinelli of Archer Aviation (ACHR) reported the vesting of 54,644 Restricted Stock Units (RSUs) on June 21, 2025. The RSUs were converted into an equal number of Class A Common Stock shares at an exercise price of $0.
Following the transaction, Pinelli directly owns 182,685 shares of Class A Common Stock. The RSUs were subject to vesting conditions that included either:
- One year anniversary of the grant date, or
- The date of Archer Aviation's 2025 annual stockholders' meeting
This Form 4 filing, executed by Attorney-in-Fact Eric Lentell on June 24, 2025, represents a standard equity compensation arrangement for the director. The transaction was reported within the required timeframe under SEC regulations.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 54,644 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 54,644 | $0.00 | $0.00 |
Footnotes (3)
- 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 service to the Issuer as of the applicable vesting date.
- F2. The entire award vested or vests on the earlier of the: (i) one year anniversary of the grant date or (ii) date of the Issuer's 2025 annual stockholders' meeting.
- F3. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
FAQ
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What insider transaction occurred at ACHR on June 21, 2025?
What were the vesting terms for ACHR Director Pinelli's RSUs?
When was ACHR's Form 4 filed for Director Pinelli's transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.