Archer Aviation (NYSE: ACHR) exec sells shares to cover RSU taxes
Rhea-AI Filing Summary
Archer Aviation Inc. (ACHR) reported that Chief Legal & Strategy Officer Eric Lentell sold 52,762 shares of Class A Common Stock on August 17, 2026 at a weighted average price of $6.4128 per share in multiple trades between $6.32 and $6.485, with the sale made to satisfy tax withholding obligations from recently vested restricted stock units. On August 15, 2026 he also settled 100,443 restricted stock units, each representing a contingent right to one Class A share, into an equal number of Class A shares at no cash exercise price, under several time-based vesting schedules tied to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
13 txns
Insider
Lentell Eric
Role
Chief Legal & Strategy Officer
Sold
52,762 shs ($338K)
Approx. gross sale proceeds
$338K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 52,762 | $6.4128 | $338K |
| Exercise | Restricted Stock Units F3, F4, F5 | 22,866 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F6, F5 | 19,797 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F7, F5 | 8,946 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F8, F5 | 26,096 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F9, F5 | 15,437 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F10, F5 | 7,301 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 22,866 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 19,797 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 8,946 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 26,096 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 15,437 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 7,301 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 435,687 shares (Direct);
Class A Common Stock — 185,011 shares (Direct)
Footnotes (10)
- F1. Represents shares of Class A Common Stock sold to satisfy tax withholding obligations incurred in connection with the vesting of restricted stock units.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.32 to $6.485 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. 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.
- F4. The award vested or vests as to: (i) 1/4 of the total award on August 15, 2023; and (ii) 1/16 of the total award quarterly thereafter on November 15, March 1, May 15, and August 15.
- F5. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- F6. The award vested or vests quarterly as to 1/16 of the total award, with the first tranche vested on May 15, 2023, and thereafter on August 15, November 15, March 1, and May 15.
- F7. 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.
- F8. 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.
- F9. 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.
- F10. The award vested or vests quarterly as to 1/12 of the total award, with the first tranche vested on May 15, 2026, and thereafter on August 15, November 15, March 1, and May 15.
Key Figures
Shares sold: 52,762 shares of Class A Common Stock
Weighted average sale price: $6.4128 per share
Sale price range: $6.32 to $6.485 per share
+2 more
5 metrics
Shares sold
52,762 shares of Class A Common Stock
Sold on August 17, 2026 to satisfy tax withholding obligations
Weighted average sale price
$6.4128 per share
Average price for 52,762 shares sold on August 17, 2026
Sale price range
$6.32 to $6.485 per share
Range of prices for the reported sale transactions
RSUs settled
100,443 restricted stock units
Derivative exercises on August 15, 2026 into Class A Common Stock
Derivative transaction count
6 transactions
Number of RSU derivative entries reported in the filing
Key Terms
Restricted Stock Units, weighted average price, tax withholding obligations, contingent right, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding obligations financial
"shares of Class A Common Stock sold to satisfy tax withholding obligations"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vested or vests quarterly financial
"The award vested or vests quarterly as to 1/16 of the total award"
FAQ
What insider transaction did ACHR report for Eric Lentell on August 17, 2026?
Archer Aviation (ACHR) reported that Eric Lentell sold 52,762 shares of Class A Common Stock on August 17, 2026 at a weighted average price of $6.4128 per share in open-market or private transactions across a specified price range.
How many restricted stock units vested or were settled for Eric Lentell in Archer Aviation?
On August 15, 2026, Eric Lentell settled 100,443 restricted stock units into an equal number of Archer Aviation Class A shares at a $0.00 per-share exercise price. Each restricted stock unit represents a contingent right to receive one share, subject to continued service-based vesting.
What do the vesting terms for Eric Lentell’s ACHR restricted stock units look like?
The Form 4 footnotes state that multiple RSU awards vest in quarterly tranches, such as 1/4 on an initial date followed by 1/16 quarterly, or 1/12 quarterly, on specified dates like March 1, May 15, August 15, and November 15, conditioned on continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
