Archer Aviation Board Member Boosts Stake to 182K Shares in eVTOL Company
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
Net Buyer: 54,644 shares
Net Buy
2 txns
Insider
Pinelli Maria
Role
Director
| 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 |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 182,685 shares (Direct)
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction occurred at ACHR on June 21, 2025?
Director Maria Pinelli acquired 54,644 shares of ACHR Class A Common Stock through the vesting of Restricted Stock Units (RSUs) at $0 exercise price, bringing her total direct ownership to 182,685 shares.
What were the vesting terms for ACHR Director Pinelli's RSUs?
The RSUs were set to vest on the earlier of: (i) one year anniversary of the grant date or (ii) the date of ACHR's 2025 annual stockholders' meeting. Each RSU represented a right to receive one share of Class A Common Stock.
When was ACHR's Form 4 filed for Director Pinelli's transaction?
The Form 4 was filed on June 28, 2025, reporting a transaction that occurred on June 21, 2025. The form was signed by Eric Lentell as Attorney-in-Fact for Maria Pinelli on June 24, 2025.