Archer Aviation CAO gains 85,715 shares via RSUs
Archer Aviation Inc. Chief Accounting Officer Harsh Rungta reported an automatic exercise and conversion of 85,715 restricted stock units into 85,715 shares of Class A Common Stock on March 1, 2026, at a price of $0.00 per share.
Rhea-AI Filing Summary
Archer Aviation Inc. Chief Accounting Officer Harsh Rungta reported an automatic exercise and conversion of 85,715 restricted stock units into 85,715 shares of Class A Common Stock on March 1, 2026, at a price of $0.00 per share.
Following these transactions, he directly holds 174,026 restricted stock units and 85,715 shares of Class A Common Stock. The award vests with 1/3 on March 1, 2026 and the remaining 1/12 quarterly on May 15, August 15, November 15, and March 1, so long as he continues as a service provider.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 85,715 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 85,715 | $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 status as a service provider to the issuer.
- F2. The award vested or vests as to: (i) 1/3 of the total award on March 1, 2026; and (ii) 1/12 of the total award quarterly thereafter on May 15, August 15, November 15, and March 1.
- F3. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Archer Aviation (ACHR) report for Harsh Rungta?
Were the Archer Aviation (ACHR) insider transactions open-market purchases or RSU conversions?
What is the vesting schedule of Harsh Rungta’s Archer Aviation (ACHR) RSU award?
Do Archer Aviation (ACHR) restricted stock units held by Harsh Rungta expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.