Archer Aviation (ACHR) interim CFO converts RSUs into Class A shares
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
20,398 shares exercised/converted
Mixed
6 txns
Insider
Gupta Priya
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,583 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,524 | $0.00 | -- |
| Exercise | Restricted Stock Units | 10,291 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,583 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,524 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,291 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 14,332 shares (Direct);
Class A Common Stock — 165,106 shares (Direct)
Footnotes (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. 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. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. 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. 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
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.
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.