Perkins Tosha 4

What Happened

• Tosha Perkins, Chief Administrative Officer of Archer Aviation (ACHR), disposed of 10,949 shares on March 13, 2026 in an open-market sale. The weighted-average sale price was $6.27 per share, for total proceeds of approximately $68,704. This sale was executed to satisfy tax withholding obligations tied to the vesting of a 2025 PRSU award.

Key Details

• Transaction date: March 13, 2026; Form 4 filed March 16, 2026 (filing within the normal reporting window).
• Type: Sale (code S) to cover tax withholding (footnote F1).
• Shares sold: 10,949; weighted-average price reported $6.27 (range $6.225–$6.315) (footnote F2).
• Reason: Shares were automatically sold to satisfy tax withholding obligations related to the vesting of the 2025 PRSU award (the vesting event was separately reported on Form 4 filed March 12, 2026).
• Shares owned after the transaction: Not specified in the information provided in this filing.

Context

• This sale appears to be a routine, company-policy-driven sell-to-cover for taxes on vested restricted stock units, rather than a discretionary sale for investment reasons. Such automatic sell-to-cover transactions are common and do not, by themselves, indicate the insider’s broader market view.