[Form 4] Archer Aviation Inc. Insider Trading Activity

Rhea-AI Filing Summary

Tosha Perkins, Chief People Partnerships Officer at Archer Aviation Inc. (ACHR), reported multiple equity transactions in mid-August 2025. On 08/15/2025 she recognized vesting of restricted stock units that converted into 84,313 shares (from four separate vesting events). On 08/18/2025 she made a bona fide gift of 3,000 shares to a charitable foundation and sold 42,775 shares at a weighted average price of $9.8295 to satisfy tax withholding obligations triggered by the RSU vesting. After these transactions the filing reports beneficial ownership of 295,337 shares. The filing states the gift is exempt under Rule 16b-5 and confirms the share sale prices ranged from $9.62 to $10.21. The RSUs vest on scheduled quarterly dates and do not expire prior to vesting.

Positive

• Material RSU vesting converted 84,313 restricted stock units into Class A shares, increasing executive alignment with shareholders
• Charitable gift of 3,000 shares documented and identified as exempt under Rule 16b-5, reducing potential short-swing concerns
• Transparent disclosure of weighted-average sale price and the per-share price range ($9.62–$10.21) for shares sold to cover tax withholding

Negative

• Insider sale of 42,775 shares occurred shortly after vesting, which may be viewed negatively by some investors as insider selling
• Significant share turnover (gift plus sale equals 45,775 shares) represented a notable portion of newly vested shares, reducing net incremental ownership from the vesting event

Insights

Corporate Governance Expert

TL;DR: Insider received substantial RSU vesting, completed a charitable gift, and sold shares to cover tax; transactions appear routine and disclosed.

The 08/15/2025 vesting converted 84,313 restricted stock units into Class A shares, materially increasing the reporting person’s equity exposure prior to the 08/18/2025 gift and sale. The 3,000-share gift is documented as a bona fide charitable transfer and exempt under Rule 16b-5, which limits short-swing profit recapture risk. The subsequent sale of 42,775 shares to satisfy tax withholding is consistent with company policy for vested awards; the filing discloses weighted-average sale price and price range, supporting transparency. No related-party or atypical transfer patterns are disclosed that would raise governance concerns.

Executive Compensation Analyst

TL;DR: Significant RSU vesting occurred with automatic sell-to-cover for taxes; compensation delivery and withholding are executed as expected.

The filing shows scheduled vesting mechanics for multiple RSU awards with vesting schedules described in the explanatory footnotes. The conversion of 84,313 RSUs to shares on 08/15/2025 increases realized compensation value for the executive. The automatic sale of 42,775 shares to cover tax withholding is a common practice and the reported weighted-average price of $9.8295 (range $9.62–$10.21) provides clarity on cash realized. The reported post-transaction beneficial ownership of 295,337 shares remains meaningful for retention and alignment metrics.

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
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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^*

Perkins Tosha

(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)
	CHIEF PEOPLE PARTNERSHIPS OFF.

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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	08/15/2025		M		32,457	A	$0	289,256	D
Class A Common Stock	08/15/2025		M		19,796	A	$0	309,052	D
Class A Common Stock	08/15/2025		M		5,964	A	$0	315,016	D
Class A Common Stock	08/15/2025		M		26,096	A	$0	341,112	D
Class A Common Stock	08/18/2025		G(1)		3,000	D	$0	338,112	D
Class A Common Stock	08/18/2025		S(2)		42,775	D	$9.8295(3)	295,337	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	(4)	08/15/2025		M			32,457	(5)	(6)	Class A Common Stock	32,457	$0	97,370	D
Restricted Stock Units	(4)	08/15/2025		M			19,796	(7)	(6)	Class A Common Stock	19,796	$0	118,779	D
Restricted Stock Units	(4)	08/15/2025		M			5,964	(8)	(6)	Class A Common Stock	5,964	$0	59,637	D
Restricted Stock Units	(4)	08/15/2025		M			26,096	(9)	(6)	Class A Common Stock	26,096	$0	234,864	D

Explanation of Responses:

1. The reported transaction represents a bona fide gift, to a charitable foundation, which is exempt under Rule 16b-5.

2. Represents shares of Class A Common Stock of the issuer sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting of restricted stock units. In accordance with company policy, shares are automatically sold to cover such obligations.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.62 to $10.21, 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.

4. 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.

5. The award vested or vests as to: (i) 1/4 of the total award on May 15, 2023; and (ii) 1/16 of the total award quarterly thereafter on August 15th, November 15th, March 1st, and May 15th.

6. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.

7. The award vested or vests as to 1/16 of the total award beginning on May 15, 2023 and quarterly thereafter on August 15th, November 15th, March 1st, and May 15th.

8. The award vested or vests as to 1/16 of the total award beginning on May 15, 2024, and quarterly thereafter on August 15th, November 15th, March 1st, and May 15th.

9. The award vested or vests as to 1/12 of the total award beginning on March 1, 2025, and thereafter quarterly on May 15th, August 15th, November 15th, and March 1st.

	/s/ Eric Lentell, Attorney-in-Fact for Tosha Perkins	08/19/2025
	** 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.
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FAQ

What did Archer Aviation (ACHR) insider Tosha Perkins report on Form 4?

The filing reports conversion of 84,313 RSUs into Class A shares on 08/15/2025, a 3,000-share gift to a charitable foundation on 08/18/2025, and a sale of 42,775 shares at a weighted average price of $9.8295 to cover tax withholding.

Why were shares sold in the Form 4 for ACHR?

The Form 4 states the sale of 42,775 shares was executed to satisfy the reporting person’s tax withholding obligations incurred upon vesting of restricted stock units; shares are automatically sold under company policy to cover such obligations.

How many shares does Tosha Perkins beneficially own after the transactions reported on Form 4?

After the reported gift and sale, the filing lists 295,337 beneficially owned Class A shares following the transactions.

Was the 3,000-share transfer treated as a sale or gift in the filing?

The filing specifies the 3,000-share transfer on 08/18/2025 was a bona fide gift to a charitable foundation and is exempt under Rule 16b-5.

What price range did the sold shares trade at according to the filing?

The Form 4 discloses the sale prices ranged from $9.62 to $10.21, with a weighted-average price of $9.8295.