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Archer Aviation (ACHR) interim CFO converts RSUs into Class A shares

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

Rhea-AI Filing Summary

Archer Aviation Interim CFO Priya Gupta reported multiple equity transactions tied to vesting restricted stock units on March 1, 2026. She exercised RSUs at $0.00 per share, converting blocks of 3,583, 6,524, and 10,291 units into the same number of Class A common shares, all held directly. Footnotes explain these RSU awards vest quarterly in equal fractions over 12 or 16 installments on dates including May 15, August 15, November 15, March 1, and May 15, and that units either vest or are cancelled rather than expiring.

Positive

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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*
Gupta Priya

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Interim CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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 03/01/2026 M 3,583 A $0 165,106 D
Class A Common Stock 03/01/2026 M 6,524 A $0 171,630 D
Class A Common Stock 03/01/2026 M 10,291 A $0 181,921 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) 03/01/2026 M 3,583 (2) (3) Class A Common Stock 3,583 $0 14,332 D
Restricted Stock Units (1) 03/01/2026 M 6,524 (4) (3) Class A Common Stock 6,524 $0 45,668 D
Restricted Stock Units (1) 03/01/2026 M 10,291 (5) (3) Class A Common Stock 10,291 $0 113,201 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 status as a service provider to the issuer.
2. The award vested or vests quarterly as to 1/16 of the total award, with the first tranche vested on May 15, 2024, and thereafter on August 15, November 15, March 1, and May 15.
3. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
4. The award vested or vests quarterly as to 1/12 of the total award, with the first tranche vested on March 1, 2025, and thereafter on May 15, August 15, November 15, and March 1.
5. The award vested or vests quarterly as to 1/12 of the total award, with the first tranche vested on March 1, 2026, and thereafter on May 15, August 15, November 15, and March 1
/s/ Eric Lentell, Attorney-in-Fact for Priya Gupta 03/03/2026
** 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

What insider activity did Archer Aviation (ACHR) report for Priya Gupta?

Priya Gupta reported RSU vesting and share acquisition. On March 1, 2026, she exercised several restricted stock unit awards at $0.00 per share, converting them into Class A common stock that she holds directly as part of her equity compensation.

What type of securities did ACHR’s interim CFO acquire in this Form 4?

The interim CFO acquired Class A common stock from RSUs. Restricted stock units converted into Archer Aviation’s Class A common shares on March 1, 2026, following scheduled vesting under her compensation awards, with no cash price paid per share in these conversions.

How are Priya Gupta’s Archer Aviation RSU awards structured and vested?

The RSU awards vest in regular quarterly installments. One award vests 1/16 of the total each quarter starting May 15, 2024. Other awards vest 1/12 each quarter starting March 1, 2025 and March 1, 2026, on dates including May 15, August 15, November 15, and March 1.

Do Archer Aviation RSUs held by Priya Gupta have an expiration date?

The reported RSUs do not expire in a traditional sense. According to the footnotes, these restricted stock units either vest on their scheduled dates or are cancelled before vesting, rather than terminating at a fixed expiration date.

Did Archer Aviation’s interim CFO sell any shares in this Form 4 filing?

The Form 4 shows no reported share sales. All six transactions are coded as exercises or conversions of derivative securities, reflecting the acquisition of stock from RSUs, with no dispositions or open-market sales indicated in the provided data.

What does the $0.00 transaction price on ACHR’s Form 4 indicate?

The $0.00 price reflects RSU conversion, not a market trade. Restricted stock units typically convert into shares without a cash exercise price, so the filing shows a zero price per share rather than a purchase or sale on the open market.
Archer Aviation Inc

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