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
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 54,644 shares
Net Buy
2 txns
Insider
MUNOZ OSCAR
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 — 442,121 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 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.