Archer Aviation (ACHR) interim CFO sells shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer Aviation Inc. interim CFO Priya Gupta reported an open-market sale of 10,172 shares of Class A common stock on March 5, 2026, at a weighted average price of $6.461 per share. The sale was made to cover tax withholding obligations tied to recently vested restricted stock units.
After this transaction, Gupta directly held 171,754 Class A shares. The filing also corrects prior reports to include five additional shares that she acquired earlier through the company’s employee stock purchase plan, which had been omitted previously due to administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,172 shares ($65,721)
Net Sell
1 txn
Insider
Gupta Priya
Role
Interim CFO
Sold
10,172 shs ($66K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 10,172 | $6.461 | $66K |
Holdings After Transaction:
Class A Common Stock — 171,754 shares (Direct)
Footnotes (1)
- Represents shares of Class A Common Stock sold to satisfy tax withholding obligations incurred in connection with the vesting of restricted stock units, which vesting was separately reported on a Form 4 filed with the U.S. Securities and Exchange Commission on March 3, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.315 to $6.775 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. For clarity, the total reported in Table I after giving effect to the reported transaction has been corrected to reflect five additional shares not included in the reporting person's prior Section 16 reports. The shares were acquired by the reporting person in one or more transactions with the issuer pursuant to its employee stock purchase plan. Such transactions are exempt pursuant to Rules 16a3(f)(1)(i)(B) and 16b3(c), and were previously omitted due to administrative error.
FAQ
What insider transaction did Archer Aviation (ACHR) report for Priya Gupta?
Archer Aviation’s interim CFO Priya Gupta reported selling 10,172 Class A shares on March 5, 2026. The weighted average sale price was $6.461 per share, and the transaction was disclosed on a Form 4 insider trading report.
Did the Archer Aviation Form 4 include any corrections to Priya Gupta’s prior holdings?
Yes. The Form 4 notes that Priya Gupta’s post-transaction total was adjusted to include five additional shares. These were previously acquired through Archer Aviation’s employee stock purchase plan but were omitted from earlier Section 16 reports due to administrative error.