Perkins Tosha 4

What Happened
Tosha Perkins, Chief Administrative Officer of Archer Aviation (ACHR), reported a sale of 54,786 shares on March 5, 2026. The reported weighted-average price was $6.46 per share, for total proceeds of approximately $353,972. This sale was to satisfy tax withholding obligations related to recently vested restricted stock units.

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (timely within the two-business-day window).
• Shares sold: 54,786; weighted-average price: $6.46; total ≈ $353,972.
• Price range: shares were sold in multiple trades at $6.315–$6.775 per share (weighted average reported).
• Reason: Tax withholding on RSU vesting (vesting event was separately reported on Form 4 filed March 3, 2026). (Footnote F1)
• Administrative note: Table I total was corrected to include one additional share omitted in the earlier March 3 filing. (Footnote F3)
• Post-transaction holdings: Not specified in the provided excerpt—see the full Form 4 for current ownership totals.

Context
Sales to cover tax withholding on vested awards are common and do not necessarily indicate a change in an insider’s view of the company. This was a sale (code S) for tax purposes rather than an open-market investment decision; no options were exercised in this reported transaction.