Archer Aviation (NYSE: ACHR) interim CFO sells shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer Aviation Inc. interim CFO Priya Gupta reported an open-market sale of 7,263 shares of Class A common stock. The shares were sold at a weighted average price of $6.2749 per share, in multiple trades between $6.225 and $6.315.
According to the disclosure, these shares were automatically sold to cover Gupta’s tax withholding obligations arising from the vesting of her 2025 PRSU Award. After the sale, she directly holds 178,512 Archer Aviation Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,263 shares ($45,575)
Net Sell
1 txn
Insider
Gupta Priya
Role
Interim CFO
Sold
7,263 shs ($46K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 7,263 | $6.2749 | $46K |
Holdings After Transaction:
Class A Common Stock — 178,512 shares (Direct)
Footnotes (1)
- Represents shares of the issuer's Class A common stock sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting of the 2025 PRSU Award, which vesting was separately reported on a Form 4 filed with the U.S. Securities and Exchange Commission on March 12, 2026. In accordance with company policy, shares are automatically sold to cover such obligations. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.225 to $6.315 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.
FAQ
What did Archer Aviation (ACHR) interim CFO Priya Gupta report in this Form 4?
Priya Gupta reported selling 7,263 shares of Archer Aviation Class A common stock. The filing states the shares were sold to satisfy tax withholding obligations tied to the vesting of her 2025 PRSU Award.
Was Priya Gupta’s Archer Aviation (ACHR) sale an open-market transaction?
Yes, the Form 4 describes the transaction as an open-market sale of Class A common stock. However, it also explains that the sale was automatically executed under company policy to cover tax withholding obligations from a vesting equity award.