Archer CEO granted 788,552 deferred RSUs
Goldstein Adam D reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Goldstein Adam D reported acquisition or exercise transactions in this Form 4 filing.
Archer Aviation Inc. reported that Chief Executive Officer Adam D. Goldstein received a grant of 788,552 Deferred Restricted Stock Units. Each unit represents a contingent right to receive one share of Class A common stock, provided he remains in service through the applicable vesting dates.
The award vests in 12 equal installments, with 1/12 of the units vesting quarterly on each August 15, November 15, March 1, and May 15. Once vested, the units are scheduled to settle in shares during calendar year 2031 on a date the company determines, though settlement can occur earlier upon death, disability, separation from service, a Change in Control, or an unforeseeable emergency. Following this grant, Goldstein holds 788,552 such units directly.
Insider Trade Summary
Grant/Award: 788,552 shares
Grant/Award
1 txn
Insider
Goldstein Adam D
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 788,552 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Restricted Stock Units — 788,552 contracts (Direct)
Footnotes (4)
- F1. 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 service to the Issuer as of the applicable vesting date.
- F2. The award shall vest as to 1/12 of the total award quarterly on each of August 15th, November 15th, March 1st, and May 15th. Once time-vested, the restricted stock units will be settled for shares of the Issuer's Class A Common Stock during calendar year 2031 on a date to be determined by the Issuer.
- F3. (Continued from footnote (2)) Notwithstanding the aforementioned deferral period, once vested, deferred stock units will automatically settle earlier upon the earliest to occur of: (i) the reporting person's death, disability, or separation from service with the Issuer, (ii) a Change in Control (as defined under the Issuer's 2021 Amended and Restated Equity Incentive Plan) or (iii) the occurrence of an "unforeseeable emergency" (as defined under Section 409A of the Internal Revenue Code). The events described in subclauses (i), (ii), and (iii) of the preceding sentence are referred to herein as the "Extraordinary Settlement Events." If an Extraordinary Settlement Event occurs before the applicable vesting date, then settlement will occur instead on the applicable vesting date.
- F4. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
Deferred RSU grant size: 788,552 units
Grant price per unit: $0.00 per unit
Underlying Class A shares: 788,552 shares
+3 more
6 metrics
Deferred RSU grant size
788,552 units
Grant of Deferred Restricted Stock Units to CEO on May 15, 2026
Grant price per unit
$0.00 per unit
Compensation grant, no purchase price paid
Underlying Class A shares
788,552 shares
Each unit represents one share of Class A common stock
Post-grant RSU holdings
788,552 units
Total Deferred RSUs held directly after this transaction
Scheduled settlement window
Calendar year 2031
Vested units to settle for shares during 2031 unless earlier events apply
Vesting installments
12 quarterly tranches
1/12 of the award vests on each August 15, November 15, March 1, and May 15
Key Terms
Deferred Restricted Stock Units, Class A Common Stock, Change in Control, 2021 Amended and Restated Equity Incentive Plan, +1 more
5 terms
Deferred Restricted Stock Units financial
"security_title: Deferred Restricted Stock Units"
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
Class A Common Stock financial
"underlying_security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Change in Control financial
"a Change in Control (as defined under the Issuer's 2021 Amended and Restated Equity Incentive Plan)"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
2021 Amended and Restated Equity Incentive Plan financial
"as defined under the Issuer's 2021 Amended and Restated Equity Incentive Plan"
Section 409A of the Internal Revenue Code financial
"an "unforeseeable emergency" (as defined under Section 409A of the Internal Revenue Code)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Archer Aviation (ACHR) disclose for its CEO?
Archer Aviation disclosed that CEO Adam D. Goldstein received 788,552 Deferred Restricted Stock Units as compensation. Each unit can convert into one share of Class A common stock, subject to time-based vesting and later settlement conditions.
How many Deferred Restricted Stock Units did the Archer Aviation CEO receive?
Adam D. Goldstein received a grant of 788,552 Deferred Restricted Stock Units at a price of $0.00 per unit. These units represent a right to receive the same number of Class A common shares if vesting and settlement conditions are satisfied.
What is the vesting schedule for the Archer Aviation CEO’s 788,552 RSUs?
The 788,552 units vest in 12 equal installments, with 1/12 of the award vesting quarterly on August 15, November 15, March 1, and May 15. Vesting requires continued service with Archer Aviation through each applicable vesting date.
What events can cause earlier settlement of Archer Aviation’s deferred RSUs?
After vesting, settlement can occur earlier upon the CEO’s death, disability, or separation from service, a Change in Control under the 2021 Amended and Restated Equity Incentive Plan, or an unforeseeable emergency under Section 409A rules.
Do the Archer Aviation deferred restricted stock units expire if they do not vest?
The restricted stock units do not have a traditional expiration date. They either vest according to the schedule and potentially settle into shares or are cancelled if vesting conditions are not met before the vesting dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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