Archer Aviation Board Member Boosts Stake as eVTOL Maker Gains Momentum

Rhea-AI Filing Summary

Archer Aviation director Oscar Munoz reported the acquisition of 54,644 shares of Class A Common Stock on June 21, 2025, through the vesting of Restricted Stock Units (RSUs). The transaction was executed at $0 per share, bringing Munoz's direct ownership to 442,121 shares.

The RSUs were fully vested based on conditions that included either: (1) the one-year anniversary of the grant date, or (2) the date of Archer Aviation's 2025 annual stockholders' meeting. This equity award represents part of the director's compensation package.

• Transaction Type: RSU conversion to common stock (Code M)
• Ownership: Direct beneficial ownership
• Position: Director (Non-Employee)
• Filing was signed by Eric Lentell as attorney-in-fact on June 24, 2025

Insider Trade Summary

54,644 shares exercised/converted

Mixed 2 txns

Insider MUNOZ OSCAR

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	54,644	$0.00	--
Exercise	Class A Common Stock	54,644	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Class A Common Stock — 442,121 shares (Direct)

Footnotes (1)

1. 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. 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. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MUNOZ OSCAR

(Last) (First) (Middle)

C/O ARCHER AVIATION INC.

190 WEST TASMAN DRIVE

(Street)

SAN JOSE CA 95134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Archer Aviation Inc. [ ACHR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/21/2025		M		54,644	A	$0	442,121	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	06/21/2025		M			54,644	(2)	(3)	Class A Common Stock	54,644	$0	0	D

Explanation of Responses:

1. 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.

2. 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.

3. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.

	/s/ Eric Lentell, Attorney-in-Fact for Oscar Munoz	06/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many ACHR shares did Director Oscar Munoz acquire on June 21, 2025?

Director Oscar Munoz acquired 54,644 shares of ACHR Class A Common Stock on June 21, 2025 through the vesting of Restricted Stock Units (RSUs).

What is Oscar Munoz's total ACHR stock ownership after the June 2025 transaction?

Following the reported transaction, Oscar Munoz directly owns 442,121 shares of ACHR Class A Common Stock.

What was the exercise price of ACHR RSUs that vested for Oscar Munoz?

The Restricted Stock Units were converted to Class A Common Stock at no cost ($0 exercise price), as they represented a contingent right to receive shares subject to vesting conditions.

What are the vesting conditions for ACHR's RSUs granted to Director Munoz?

The RSUs vest on the earlier of: (i) one year anniversary of the grant date or (ii) the date of Archer Aviation's 2025 annual stockholders' meeting, subject to Munoz's continued service to the company.

Who filed this Form 4 for ACHR Director Oscar Munoz?

The Form 4 was filed by Eric Lentell as Attorney-in-Fact for Oscar Munoz, signed on June 24, 2025.