Muniz Thomas Paul 4

What Happened

• Thomas Paul Muniz, Chief Technology Officer of Archer Aviation (ACHR), was awarded 92,619 restricted stock units (RSUs) on February 9, 2026. The RSUs were granted at $0.00 (no cash paid) and are reported as a derivative award—i.e., a contingent right to receive shares upon vesting. This is a compensation grant, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-09; filing date (Form 4): 2026-02-11 (appears timely).
• Grant type/code: A (Award/Grant of derivative securities — RSUs).
• Shares/units granted: 92,619 RSUs; reported acquisition price: $0.00.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Notable footnotes from the filing:
  • F1: Each RSU represents a contingent right to one share, conditioned on continued service.
  • F2: Vesting schedule: 1/12 of the award vests first on March 1, 2026, then quarterly on May 15, Aug 15, Nov 15, and March 1 thereafter.
  • F3: The RSUs do not expire; they either vest or are cancelled before vesting.
• No indication of a 10b5-1 plan, immediate sale, or tax-withholding share disposition in this filing.

Context

• RSU grants are typically part of executive compensation and do not by themselves indicate buying or selling sentiment. These RSUs convert into Class A common stock only as they vest and subject to Muniz’s continued service. Because the grant was at $0.00, Muniz did not pay cash for the units; value to the holder depends on Archer’s future stock price at vesting.