Archer Aviation (ACHR) CAO sells 54,786 shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer Aviation Inc.'s Chief Administrative Officer, Tosha Perkins, reported an open-market sale of 54,786 shares of Class A Common Stock on March 5, 2026. The weighted average sale price was $6.461 per share, across individual trades between $6.315 and $6.775.
According to the filing, these shares were sold to satisfy tax withholding obligations tied to the vesting of restricted stock units previously reported. After this transaction and a minor one-share administrative correction, Perkins directly holds 377,022 shares of Archer Aviation Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 54,786 shares ($353,972)
Net Sell
1 txn
Insider
Perkins Tosha
Role
CHIEF ADMINISTRATIVE OFFICER
Sold
54,786 shs ($354K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 54,786 | $6.461 | $354K |
Holdings After Transaction:
Class A Common Stock — 377,022 shares (Direct)
Footnotes (1)
- Represents shares of Class A Common Stock sold to satisfy tax withholding obligations incurred in connection with the vesting of restricted stock units, which vesting was separately reported on a Form 4 filed with the U.S. Securities and Exchange Commission on March 3, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.315 to $6.775 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. For clarity, the total reported in Table I after giving effect to the reported transaction has been corrected to reflect one additional share not included in the reporting person's previous Form 4 filed on March 3, 2026, due to administrative error.
FAQ
What insider transaction did Archer Aviation (ACHR) report for Tosha Perkins?
Archer Aviation reported that Chief Administrative Officer Tosha Perkins sold 54,786 shares of Class A Common Stock. The transaction occurred on March 5, 2026, as an open-market sale linked to tax withholding on vested restricted stock units.
Was there any correction or adjustment mentioned in this Archer Aviation Form 4?
Yes. The filing states the post-transaction total was corrected by one share due to an earlier administrative error. Table I now reflects 377,022 shares held directly by Tosha Perkins after the March 5, 2026 sale.
Is the Archer Aviation (ACHR) insider sale by Tosha Perkins part of routine equity vesting?
The filing explains that the 54,786-share sale was executed to cover tax withholding obligations from restricted stock unit vesting. This links the transaction to standard equity compensation processes rather than an independent trading decision.