Archer Aviation Inc.·4

Jun 30, 8:03 PM ET

Diaz Deborah 4

Research Summary

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Updated

Archer (ACHR) Director Deborah Diaz Receives RSUs, Exercises Derivative

What Happened

  • Deborah Diaz, a director of Archer Aviation, exercised/converted 19,102 derivative shares (transaction code M) and the filing also shows a simultaneous disposition of the same 19,102 derivative shares. She was also granted 40,983 restricted stock units (RSUs) (transaction code A). All transactions are reported at $0.00 per share, indicating these were exercises/conversions and compensation awards rather than open-market cash purchases or sales.

Key Details

  • Transaction date: 2026-06-26 (reported on Form 4 filed 2026-06-30).
  • 19,102 shares — exercise/conversion (M) recorded as Acquired $0.00 and Disposed $0.00 (derivative). 40,983 shares — Grant/Award (A) recorded as Acquired $0.00 (RSUs).
  • Shares owned after the transactions: not specified in the supplied filing details.
  • Relevant footnotes: F1 — each RSU converts to one share subject to continued service; F2 & F4 — vesting is the earlier of one-year anniversary of grant or the issuer’s 2026 (for one award) or 2027 (for the other) annual stockholders’ meeting; F3 — RSUs do not expire.
  • Transaction codes: M = exercise/conversion of derivative; A = grant/award of equity.
  • Filing timing: Form 4 was filed 2026-06-30 for 2026-06-26 transactions (outside the typical 2-business-day reporting window), so the filing may be late.

Context

  • These entries reflect compensation-related activity (RSU awards and derivative conversions/exercises) rather than market buys or sales. Awards and exercises reported at $0 generally indicate vesting/conversion mechanics or compensation grants — they do not necessarily signal buying/selling sentiment by the insider.
  • For retail investors, award/vesting activity is useful to monitor for dilution and executive incentives, but it’s different from insiders purchasing shares on the open market.