RSU vesting adds Class A stock to Archer Aviation (ACHR) CTO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer Aviation Inc. chief technology officer Thomas Paul Muniz reported multiple equity transactions dated March 1, 2026. All were coded as derivative exercises/conversions, moving vested Restricted Stock Units into Class A Common Stock, including blocks of 143,750, 8,945, 7,718 and 7,612 shares at a reported price of $0.00 per share. Footnotes explain that each RSU converts into one Class A share and vests in scheduled quarterly tranches; the units do not expire but either vest or are cancelled before vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
168,025 shares exercised/converted
Mixed
8 txns
Insider
Muniz Thomas Paul
Role
CHIEF TECHNOLOGY OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 143,750 | $0.00 | -- |
| Exercise | Restricted Stock Units | 8,945 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,612 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,718 | $0.00 | -- |
| Exercise | Class A Common Stock | 143,750 | $0.00 | -- |
| Exercise | Class A Common Stock | 8,945 | $0.00 | -- |
| Exercise | Class A Common Stock | 7,612 | $0.00 | -- |
| Exercise | Class A Common Stock | 7,718 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 718,750 shares (Direct);
Class A Common Stock — 1,415,879 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 as to: (i) 1/4 of the total award on May 15, 2024; and (ii) 1/16 of the total award quarterly thereafter on March 1, May 15, August 15, and November 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 1/16 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. 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 Thomas Paul Muniz?
Archer Aviation reported that CTO Thomas Paul Muniz acquired Class A Common Stock through derivative exercises on March 1, 2026. These transactions reflect vested restricted stock units converting into shares at a stated price of $0.00 per share, rather than open-market buying or selling.
What type of securities did Archer Aviation (ACHR) CTO Muniz convert on March 1, 2026?
Thomas Paul Muniz converted Restricted Stock Units into Class A Common Stock. Each restricted stock unit represents a contingent right to receive one Class A share, subject to his continued service, and the reported transactions reflect that conversion on March 1, 2026.
How do Archer Aviation (ACHR) restricted stock units vest for CTO Thomas Paul Muniz?
The filing states that certain awards vest as 1/4 on May 15, 2024, then 1/16 quarterly, while others vest 1/12 quarterly starting March 1, 2025 or March 1, 2026. Vesting dates include March 1, May 15, August 15 and November 15 in various schedules.
Do Archer Aviation (ACHR) restricted stock units held by Muniz expire?
According to the disclosure, these restricted stock units do not expire. Instead, they either vest according to their quarterly schedules or are cancelled before their vesting dates, meaning their outcome depends on continued service and award terms rather than a traditional expiration date.