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  4. [Form 4] Archer Aviation Inc. Insider Trading Activity

Archer Aviation Board Member Increases Stake as eVTOL Maker Gains Momentum

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Archer Aviation (ACHR) Director Michael Spellacy reported significant insider transactions on June 21, 2025. The transactions involved:

  • Acquisition of 54,644 shares of Class A Common Stock at $0 through the vesting of Restricted Stock Units (RSUs)
  • Following the transaction, Spellacy directly owns 54,644 shares
  • Additionally holds 1,162,183 shares indirectly through Achill Holdings LLC, where he serves as sole managing member

The RSUs vested according to the predetermined schedule, which was set for the earlier of: (1) one-year anniversary of the grant date, or (2) the date of Archer Aviation's 2025 annual stockholders' meeting. This transaction represents a scheduled vesting event rather than an open market transaction, demonstrating continued alignment between the director and company interests.

Positive

  • None.

Negative

  • None.
Insider Spellacy Michael
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
holding Class A Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Class A Common Stock — 54,644 shares (Direct); Class A Common Stock — 1,162,183 shares (Indirect, Achill Holdings LLC)
Footnotes (4)
  1. F1. The reporting person owns the securities indirectly through Achill Holdings LLC, of which he is the sole managing member.
  2. F2. 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.
  3. F3. 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.
  4. F4. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.

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FAQ

How many ACHR shares did Director Michael Spellacy acquire on June 21, 2025?
Director Michael Spellacy acquired 54,644 shares of ACHR Class A Common Stock on June 21, 2025 through the vesting of Restricted Stock Units (RSUs) at a price of $0.

How many ACHR shares does Michael Spellacy indirectly own through Achill Holdings LLC?
Michael Spellacy indirectly owns 1,162,183 shares of ACHR Class A Common Stock through Achill Holdings LLC, where he serves as the sole managing member.

What was the vesting schedule for ACHR Director Spellacy's Restricted Stock Units?
The RSUs were scheduled to 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.

What is the total ACHR stock ownership of Director Michael Spellacy after the June 21, 2025 transaction?
After the June 21, 2025 transaction, Michael Spellacy owns a total of 1,216,827 shares of ACHR Class A Common Stock, consisting of 54,644 shares held directly and 1,162,183 shares held indirectly through Achill Holdings LLC.

When did ACHR Director Spellacy file this Form 4?
The Form 4 was filed on June 24, 2025, within the required reporting window of two business days following the transaction date of June 21, 2025.
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*
Spellacy Michael
(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 54,644 D
Class A Common Stock 1,162,183 I Achill Holdings LLC(1)
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 (2) 06/21/2025 M 54,644 (3) (4) Class A Common Stock 54,644 $0 0 D
Explanation of Responses:
1. The reporting person owns the securities indirectly through Achill Holdings LLC, of which he is the sole managing member.
2. 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.
3. 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.
4. 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 Michael Spellacy 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.

Source: View Original Filing on SEC EDGAR